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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $486,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to EAST 55, Toronto's chic condo located on quiet, leafy Ontario Street. This 1 BR plus Den, HIROSHIMA MODEL is the ideal home for anyone looking for a stylish urban retreat. Bright open concept LR has wall-to-wall glass windows with a walk-out to a huge balcony with an unobstructed view. The soaring 10.5 ft exposed concrete ceiling provides a spacious feel. Freshly painted in a modern color palette. Extended Kitchen cabinets (30"), Drawer under the oven, under-cabinet lighting and a smart quartz Island defines this modern kitchen. The Spa-like bathroom boasts elegant marble flooring and shower walls. Friendly concierges and secure access make this a desirable place to call home. Location is perfect, with proximity to the Distillery district, St.Lawrence market, King street Street cars, George Brown College, and steps to TTC. Excellent walking score. Hurry! This sophisticated condo won't last!!!
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Built-In Oven, Carpet Free, Countertop Range
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Data-driven valuation for 55 Ontario Street 803, Toronto C08, ON M5A 0T8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $486,000 in Toronto, the legal minimum down payment is $24,300 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,195 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,195 also applies, bringing the total estimated land transfer taxes to $12,390.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.