Maintenance Fees
East 55 Condos vs The St. Lawrence Area
1402 - 55 Ontario St
$484,8881 bd1 ba0 pk500 sqft
For SaleEast 55 Condos
5.0
28 Days on Strata
$484,888
1 Bed
1 Bath
0 Parking
500 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$440/mth
Taxes:
$2,139 (2024)
Cost Per Sqft:
$970/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North
Possession Date:
March 11, 2025
Amenities
Indoor Parking
Concierge
Party Room
Outdoor Pool
Rooftop Deck
Gym Room
Visitor Parking
About this Listing
Welcome to East 55, where modern living meets urban sophistication in this bright 1-bedroom,1-bathroom unit in the Lower East Side. The open concept layout boasts floor-to-ceiling windows, filling the space with natural light and offering breathtaking city views. The spacious primary bedroom features a large closet, providing ample storage. Gleaming hardwood floors flow throughout, adding warmth and elegance. Step outside onto the expansive full-length balcony, complete with a gas line for a BBQ an ideal spot for relaxing or entertaining while taking in the stunning cityscape. Enjoy unparalleled access to dining, shopping, parks, and entertainment, with a walk and bike score of 99 and a perfect transit score of 100. Conveniently located near the DVP and Gardiner, this is a rare opportunity to experience stylish, contemporary living at East55.
ExtrasAppliances [Fridge, Oven, Built-In Microwave & Built-In Dishwasher] Stacked Washer & Dryer. Locker Included.
insider condos inc.MLS® #C12012097
Fees & Utilities
Maintenance Fees
Included in Fees
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Dining
Combined with Kitchen, hardwood floor, Walkout To Balcony
10.01 x 21.29ft
Kitchen
Combined with Living, hardwood floor, Walkout To Balcony
9859.41 x 21.29ft
Living
Combined with Dining, hardwood floor, Walkout To Balcony
10.01 x 21.29ft
Primary
Walk-in Closet, hardwood floor
8.99 x 10.79ft
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
