55 Ontario St 520

FOR SALE
$649,900
55 Ontario St 520, Downtown Toronto
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
55 Ontario St 520
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C9365182
MLSID
Contact Us
Property Description
The perfect one plus den floorplan combined with the East 55 lifestyle. Outdoor rooftop pool, gym, concierge, Gas cooking in the unit and a gas bbq outlet on the balcony. Stainless steel appliances, and quartz counters in a clean, modern white palette. 9 foot ceilings and no hallways make this apartment feel extra spacious. St. Lawrence Market and Distillery District a 10 minute walk. 504 King Streetcar two blocks away.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-07 2024-09-24 48 $649,900 - Terminated
2022-07-05 2022-07-11 6 $2,400 $2,400 Leased
2022-07-05 2022-07-13 8 $680,000 - Terminated
2020-12-10 2021-03-23 102 $1,950 $1,950 Leased
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,846 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat11.38' x 24.70'Combined W/Dining, W/O To Balcony
DiningFlat11.38' x 24.70'Combined W/Living
KitchenFlat11.38' x 24.70'Open Concept
BrFlat10.01' x 10.01'Large Closet, Large Closet
DenFlat6.23' x 6.89'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Ontario St 520 is a 1-bedroom 1-bathroom condo listed for sale at $649,900, which is $77,440 (13.5%) higher than the average sold price of $572,460 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,096 (0.9%) compared to the previous 30 day period (September 27 - October 26) and down $22,385 (3.8%) from the same time one year ago.
Inventory Change
There were 1,176 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 27 - November 25), which is down 9.4% compared with the previous 30 day period (September 27 - October 26) and up 0.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,032) (1.8%) below asking price over the last 30 days (October 27 - November 25), which represents a $2,566 increase compared to the previous 30 day period (September 27 - October 26) and ($14,563) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (October 27 - November 25) stood at 48.7%, up from 43.3% over the previous 30 days (September 27 - October 26) and up from 37.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (October 27 - November 25), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Brad J. Lamb Realty 2016 Inc.
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