55 Ontario Street, Unit 602, Toronto, ON

$485,000
MLS#:C13258164
1 beds
1 baths
500-599 sqft
Residential Condo & Other
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Added:Jun 5, 2026(91 days ago)
Updated:Jul 13, 2026(53 days ago)
Last Checked:23 minutes ago

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 $485,000 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
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience the pulse of Toronto at East 55 Condos, an urban atelier where industrial edge meets everyday luxury. Spanning 542 square feet of interior refinement plus a massive 112-square-foot balcony, this one-bedroom soft-loft is a sophisticated sanctuary. Dramatic 9-foot exposed concrete ceilings and a flood of natural light set a spectacular stage for city living. The heart of the home is a brilliantly designed kitchen, complete with sleek integrated appliances and a rare gas stovetop typically reserved for freehold homes. It effortlessly transitions into an open-concept living area where gallery-white walls, custom roller blinds, and a gas fireplace create a space that is both chic and cozy. The bedroom breaks the mold of standard city condos, offering a sprawling layout large enough for a king-sized bed or a spacious work-from-home corner. Life at East 55 extends far beyond your front door. Cancel your gym membership and indulge in full-service living, featuring a stunning rooftop pool, top-tier fitness facilities, and a sauna. You're perfectly poised at the crossroads of Toronto's best neighborhoods: the cobblestone charm of the Distillery District, the culinary hustle of St. Lawrence Market, and the lush green of Corktown Common are all just steps away. With seamless transit and DVP access, the Financial District is minutes from home. Settle in and prepare to be smitten-this Ontario Street unit is a singular masterpiece.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 55 Ontario Street, Toronto is currently for sale and has been available on SousaSells for 91 days. This property is listed at $485,000 with an estimated mortgage of $1,614* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 55 Ontario Street, Toronto is in the Moss Park neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Moss Park, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •1 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •500-599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedJun 5, 2026 (91 days ago)
UpdatedJul 13, 2026 (53 days ago)
Last Checked23 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,406

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free
  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 55 Ontario Street, Unit 602, Toronto, ON

Q.What is the asking price for 55 Ontario Street, Unit 602, Toronto, ON ?

The current listing price for 55 Ontario Street, Unit 602, Toronto, ON in Moss Park, Toronto is $485,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.

Q.What property type and architectural style is 55 Ontario Street, Unit 602, Toronto, ON ?

55 Ontario Street, Unit 602, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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55 Ontario Street, Unit 602, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Moss Park, Toronto

SAFETY RATING5.1 / 10
Active Urban Center
Total Annual Incidents952 incidents / yr
Average Per Month79.3 incidents / mo
Population Benchmark29,415 residents
Personal Safety
Elevated

594 assaults (2076.1/100k)

Property Security
Moderate

125 B&E (436.9/100k)

Auto Theft Risk
Elevated

37 thefts (129.3/100k)

1-Year Trend
â–Ľ 4.4%

Stable vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Condo Complex Overview

55 Ontario Street Toronto

55 Ontario Street Toronto, Toronto

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 55 Ontario Street 602, Toronto, ON M5A 0T8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$145,500 (30.0%)
* Minimum Canadian down payment required for this price is $24,250.
Amortization Period30 Years
Estimated Monthly Payment$1,614Based on a loan of $339,500 over 30 years.
Purchase Price$485,000
Loan Amount$339,500
Provincial Land Transfer Tax:$6,175
Toronto Municipal Land Transfer Tax:$6,175
Total Estimated Closing Taxes:$12,350

About Purchasing a Home in Toronto, ON

For a property listed at $485,000 in Toronto, the legal minimum down payment is $24,250 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 $6,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,175 also applies, bringing the total estimated land transfer taxes to $12,350.

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Moss Park, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Moss Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,024,721

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Moss Park, Toronto

Elementary Schools

Gabrielle-Roy
Public14 Pembroke Street, Toronto, Ontario, M5A 2N7
8.9
Downtown Alternative
Public85 Lower Jarvis Street, Toronto, Ontario, M5E 1R8
8.0
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0
Market Lane
Public246 The Esplanade, Toronto, Ontario, M5A 4J6
5.1
Lord Dufferin
Public350 Parliament Street, Toronto, Ontario, M5A 2Z7
3.3

Secondary Schools

Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Moss Park, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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