$945,000

For saleJust listed

#1808 55 Ontario Street, Toronto (Moss Park) - Single Family for Sale

#1808 55 Ontario Street, Toronto (Moss Park), Ontario, M5A0T8

3 beds2 baths1 parking1,100 ft²$1,054/mo condo feeListed 2 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 61 days.

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Description

The perfect blend of contemporary design and urban convenience. This stylish modern corner suite offers over 1000sf of an open, functional floor plan. Featuring 3 spacious bedrooms with ample closet space, 2 spa-like washrooms and a desirable south exposure, this suite showcases striking EXPOSED CONCRETE CEILINGS AND WALLS for a sophisticated industrial-chic feel. The chef-inspired kitchen boasts a centre island with a double sink, terrific counter space and storage space ideal for entertaining and everyday living and..... a gas cooktop! Step out to the extra long balcony (240sf) with a BBQ gas hookup and enjoy your own private outdoor retreat. Professionally painted. New LED ceiling light fixtures. New roller blinds. New flooring in the 2nd and 3rd bedrooms. Owned parking space. Owned locker. Excellent building amenities including an outdoor pool, guest suite, rooftop terrace with BBQs, a sun deck, fully equipped fitness centre, party room, and visitor parking. Just move-in and show off this downtown beauty. No snow to shovel and no grass to cut! Enjoy an exceptional downtown lifestyle surrounded by trendy restaurants, cafés, shops, grocery stores and everyday conveniences. Minutes to the vibrant St. Lawrence Market, the Distillery District and the waterfront, with parks and entertainment nearby. Excellent TTC access with King and Queen streetcar routes close by, plus convenient connections to the Financial District, the Gardiner Expressway and the DVP. A fantastic opportunity to own a spacious, modern, move-in ready condo in a dynamic downtown neighbourhood! (id:66096)

Property Details

MLS®: C14137764
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Heat Pump, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,054/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,555.34/yr
Listed: 2 days ago

Rooms

Main level

Living room: 5.94 x 5 meters
Dining room: 5.94 x 5 meters
Kitchen: 5.94 x 5 meters
Primary Bedroom: 3.08 x 3.23 meters
Bathroom: 2.32 x 1.52 meters
Bedroom 2: 2.53 x 3.39 meters
Bedroom 3: 3.23 x 3.39 meters
Bathroom: 2.16 x 1.52 meters
Foyer: 2.1 x 3.81 meters
Other: 11.92 x 1.83 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Range, Oven, Dryer, Microwave, Cooktop, Oven - Built-In, Hood Fan, Window Coverings
Flooring: Tile, Laminate
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Moss Park) listings, avg age

61d

Price / ft²

$859

List price

$945K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Moss Park) has been listed for 2 days, which is 59 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · DAVID STODDARD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $945,000, about 13.3× the local median household income of $71,000.

Carrying it typically needs a household income of about $184,592 (20% down, 25-yr amortization, stress-tested) — roughly 160% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$945,000· $859/ft²

For sale

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Full Cost Breakdown

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Down Payment7.35% · $69,500

Min 7.35%50%

Mortgage payment$4,854/mo

↳ CMHC premium ($35,020 capitalized)

Property tax (est.)$463/mo

Condo fee$1,054/mo

Total monthly$6,370

Cash Needed to Close

Down payment (7.35%)$69,500

Land transfer tax$30,750

Est. closing costs$5,335

Total cash needed$105,585

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