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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,219,000 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.
Situated in the heart of Toronto's most dynamic neighbourhood, this modern 2-bedroom, 2-bathroom condo combines style with everyday convenience. Floor-to-ceiling windows flood the space with natural light, while sleek concrete ceilings, brand new luxury vinyl flooring (2025), and an open-concept layout create an urban-chic vibe. The contemporary kitchen features stainless steel appliances and a Poggenpohl breakfast island - perfect for cooking or entertaining - while a private balcony showcases skyline views and Victoria Memorial Park, for your morning coffee or evening unwind. The primary suite includes a walk-in closet, spa-like ensuite, and in-suite laundry, while the second bedroom easily doubles as a home office. At the Thompson Residences, enjoy exclusive access to the 1 Hotel and premium hotel-style amenities including a rooftop pool, gym, concierge, steam room and more! Just steps from Toronto's best restaurants, cafés, bars, and nightlife, with sports arenas, the theatre district, The Well, and shopping minutes away. Transit is at your door with quick access to the Gardiner, QEW, and Billy Bishop Airport. Includes Parking and a Locker!
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Data-driven valuation for 55 Stewart Street 828, Toronto C01, ON M5V 2V1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,219,000 in Toronto, the legal minimum down payment is $243,800 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 $20,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,855 also applies, bringing the total estimated land transfer taxes to $41,710.
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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.