55 Ontario Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $449,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Welcome to East55 Condos, where modern design meets downtown energy and life style. This loft-style 500 sq.ft.1-bedroom unit in immaculate condition features soaring 9-ft, freshly white painted throughout, expansive windows with unobstructed city views, and an open-concept layout. The sliding doors open to 118 sq.ft. large balcony with a BBQ gas line. Large bike locker included. The open concept kitchen is designed for both style and function, featuring quartz countertops, gas cooktop and high-end s/s appliances. Frosted glass sliding doors open to master bedroom with large walk-in closet. Individually controlled heating and A/C system utilizing a heat pump. Steps from the Distillery District and just a 5-minute walk to the upcoming TTC Corktown subway station. Excellent commuting with direct access to the Financial District via the King St streetcar. Walk & bike score of 99. Enjoy the city's best dining, cafes, and entertainment. Boutique living meets high-end amenities, including an outdoor pool, gym, stylish party room, concierge and visitors parking.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Ontario Street 1902, Toronto C08, ON M5A 0T8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $449,900 in Toronto, the legal minimum down payment is $22,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,473 also applies, bringing the total estimated land transfer taxes to $10,946.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
