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    1101 - 55 Ontario St

    $1,038,0002 bds2 ba1 pk871 sqft
    23 Days on Strata
    $1,038,000
    2 Beds
    2 Bath
    1 Parking
    871 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $851/mth

    Taxes:

    $4,277 (2025)

    Cost Per Sqft:

    $1,192/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    North

    Possession Date:

    May 15, 2025

    Laundry:

    Main

    Amenities

    Indoor Parking
    Concierge
    Party Room
    Outdoor Pool
    Rooftop Deck
    Gym Room
    Visitor Parking

    About this Listing

    East 55 Condos is a modern residential condominium located at 55 Ontario Street in Toronto's St. Lawrence neighbourhood. Developed by Lamb Development Corporation, the building stands 25 storeys tall and houses 276 units. This home is one of the best floor plan in the building featuring a stylish proper split 2-bedroom,2-bathroom configuration with an open-concept layout with notable design elements that include 9-foot exposed concrete ceilings, feature walls, a brand new laminate wood design floors throughout, upgraded modern lighting package tasteful chosen to enhance every space of the home. Floor-to-ceiling windows provide abundant natural lights and offer unobstructed north eastern sunshine all year long with unobstructed views of the city and beyond. Equipped with modern kitchen design layout is equipped with stainless steel appliances, upgraded stone countertops, fabulous gas cooking, and an under-mount sink, catering to both functionality and style while cooking up a storm for your families and friends as you entertain them at your home. In addition this unit boasts a spacious 6-foot-deep balcony equipped with a gas line for barbecuing, enhancing outdoor living at its best. Situated steps away from the vibrant King Street East and Front Street corridors, residents have easy access to a variety of restaurants, cafes, and public transit options. Building amenities include a large terrace, outdoor pool, gym, party room, and visitor parking, providing a range of leisure and convenience facilities for residents. East 55 Condos combines contemporary design with a prime location, offering residents a dynamic urban living experience in one of Toronto's most sought-after neighbourhoods. Super close to all major highways and small street thoroughfares, easy commute to everywhere w/ public transportations like TTC, Go Line, Street Cars and more. Come and have a look at this home, this is a MUST find for a decreeing few.

    ExtrasStainless Steel (Ss) Fridge, Ss Integrated Oven, Ss Integrated Gas Cooktop, Ss Built-In Microwave, & Ss Built-In Dishwasher. Stacked Washer And Dryer. All Electrical Light Fixtures. All Window Coverings.

    re/max hallmark realty ltd.MLS® #C12029691

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Parking
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Combined with Dining, hardwood floor, Walkout To Balcony

    20.31 x 18.83ft

    Dining

    Combined with Living, hardwood floor, Open Concept

    20.31 x 18.83ft

    Kitchen

    Stone Counter, hardwood floor, Stainless Steel Appliances

    20.31 x 18.83ft

    Primary

    Walk-in Closet, hardwood floor, Ensuite Bath

    9.48 x 10.83ft

    2nd Bedroom

    Large Closet, hardwood floor, Large Window

    9.19 x 8.99ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore St. Lawrence


    Commute Calculator

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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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    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%


    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
    AVERAGE
    chance 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 again

    Property 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 Bed1 Bed + Den2 Bed2 Bed + Den3 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
    Avg. Wait for Unit Availability37 Days53 Days117 Days256 Days373 Days
    Ratio of Units in Building52%32%13%3%3%

    Market Inventory

    Total number of units listed and sold in St. Lawrence


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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