55 Stewart Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $598,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to the Prestigious Thompson Residences in the heart of Prime King West. Rarely offered and highly sought after, this super functional one bedroom layout offers an exceptional blend of space, light, and livability. Featuring sunny south facing windows, this suite is filled with natural light and enhanced by high ceilings, engineered hardwood flooring throughout, and heating and cooling year-round for complete comfort. The gorgeous oversized kitchen is ideal for both everyday living and entertaining, complete with Corian countertops, stainless steel appliances, a sizeable island, and ample cabinetry and prep space. The large bedroom features a spacious closet with a full custom closet organizer including built in drawers, offering excellent storage and functionality. Enjoy a large private balcony, perfect for morning coffee or evening relaxation. Residents of the Thompson Residences enjoy full access to 1 Hotel's luxury amenities, including a state of the art fitness centre, steam room, showers, and a spectacular rooftop pool with panoramic skyline views of Toronto and the CN Tower. Located in one of Toronto's most vibrant neighbourhoods, you are steps to world class restaurants, cafés, nightlife, transit, and everyday conveniences offering an unmatched urban lifestyle in the centre of it all.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Stewart Street 402, Toronto C01, ON M5V 2V1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $598,000 in Toronto, the legal minimum down payment is $34,800 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 $8,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,435 also applies, bringing the total estimated land transfer taxes to $16,870.
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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.