Maintenance Fees
East 55 Condos vs The St. Lawrence Area
715 - 55 Ontario St
$588,0001 bd1 ba0 pk470 sqft
For SaleEast 55 Condos
5.0
75 Days on Strata
$588,000
1 Bed
1 Bath
0 Parking
470 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$403/mth
Taxes:
$1,661 (2025)
Cost Per Sqft:
$1,251/sqft
Outdoor Space:
None
Locker:
None
Exposure:
West
Possession Date:
January 22, 2025
Laundry:
Ensuite
Amenities
Indoor Parking
Concierge
Party Room
Outdoor Pool
Rooftop Deck
Gym Room
Visitor Parking
About this Listing
55 Ontario Street is a pinnacle of contemporary living nestled in Toronto's coveted King East neighbourhood. This brand-new junior 1 bedroom, 1 bathroom condo epitomizes sophistication and style. Step into an open-concept layout adorned with premium finishes, including engineered hardwood floors, sleek cabinetry, and quartz countertops. The gourmet kitchen boasts state-of-the-art appliances, perfect for culinary enthusiasts. Unwind in the cozy bedroom retreat, complete with ample closet space and large windows offering stunning city views. The luxurious bathroom features elegant fixtures and a spa-like ambiance. With ensuite laundry and storage, convenience is paramount. Indulge in the building's exceptional amenities, including a fitness centre, rooftop terrace, and concierge service. Embrace the vibrant energy of King East with its trendy cafes, boutiques, and entertainment options right at your doorstep. With easy access to transit and highways, commuting is a breeze. Don't miss the chance to experience urban living at its finest in this exquisite condominium. **EXTRAS** Cash Flow positive in Toronto! Low costs and high rent make this a rare find, perfect for the savvy investor.
ExtrasFridge, Cooktop, Stove, Dishwasher, Washer and Dryer.
young realty inc.MLS® #C11936661
Fees & Utilities
Maintenance Fees
Included in Fees
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Heat Pump
Room Dimensions
Living
Combined with Dining, hardwood floor, Large Window
12.57 x 13.98ft
Dining
Combined with Living, hardwood floor, Open Concept
12.57 x 13.98ft
Kitchen
Open Concept, hardwood floor, Stainless Steel Appliances
12.57 x 13.98ft
Bedroom
Closet, hardwood floor
12.57 x 7.97ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
52,892
Average Individual Income
$63,089
Average Household Size
3 persons
Average Age
43
Average Household Income
$104,944
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
36%
High Rise Apartment
32%
Semi Detached
17%
Low Rise Apartment
7%
Duplex
6%
Marital Status
Commute
Languages (Primary Language)
Other
69%
Mandarin
12%
Cantonese
11%
Tamil
3%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Education
University and Above
35%
High School
25%
None
16%
College
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
26%
Architecture & Engineering
19%
Health & Related Fields
12%
Social Sciences
11%
Math & Computer Sciences
8%
Humanities
5%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Building Trends At East 55 Condos
Days on Strata
Units at East 55 Condos spend an average of
33
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in St. Lawrence
Turnover of Units
On average, each unit is owned for
5.6
YEARS before being sold againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
12th
Highest price per SQFT out of 71 condos in the St. Lawrence area
Sold Units
11
Units were Sold over the past twelve months
Rented Units
54
Units were Rented over the past twelve months
Best Value Rank
East 55 Condos offers the best value out of 71 condos in the St. Lawrence neighbourhood
?
Appreciation Rank
East 55 Condos has the highest ROI out of 71 condos in the St. Lawrence neighbourhood
?
Rental Yield
East 55 Condos yields the highest rent prices out of 71 condos in the St. Lawrence neighbourhood
?
High Demand
East 55 Condos is the most popular building out of 71 condos in the St. Lawrence neighbourhood
?
Market Insights
Transaction Insights at East 55 Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $482,500 - $490,000 | $600,000 - $718,000 | $915,000 | $1,400,000 | $1,027,500 - $1,040,000 |
| Avg. Cost Per Sqft | $1,023 | $1,031 | $1,065 | $1,149 | $1,031 |
| Price Range | $1,950 - $2,400 | $2,200 - $3,895 | $2,500 - $3,895 | No Data | $4,100 |
| Avg. Wait for Unit Availability | 37 Days | 53 Days | 117 Days | 256 Days | 373 Days |
| Avg. Wait for Unit Availability | 10 Days | 20 Days | 64 Days | No Data | 347 Days |
| Ratio of Units in Building | 52% | 32% | 13% | 3% | 3% |
Market Inventory
Total number of units listed and sold in St. Lawrence
