505 - 55 Ontario Street
Toronto C08, ON
- 2 bed
- 1 bath
- approx. 700-799 sqft
- Condo Apartment
- 136 days on market
Better than the rest-and it shows. This contemporary 2-bedroom unit delivers what others can't. A true second bedroom, premium finishes, and the added value of parking and locker. Currently generating $3,000/month in rental income, or Enjoy access to top-tier amenities including a rooftop pool and 24-hour security, motorized blinds to custom closets and designer lighting, every detail has been elevated. won't last long
Listing Details
- Taxes (2025)
- $3,687
- Listed
- April 21, 2026
Price History
Property
- Style
- Apartment
- Age
- 0-5
- Construction
- Concrete
- Interior
- Other
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 0
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Richmond / Ontario Street
- Parcel Number
- 768870056
- Possession
- Other
- Occupancy
- Tenant
Condo
- Maintenance Fee
- $715/month
- Fee Includes
- CAC Included, Common Elements Included, Building Insurance Included, Parking Included, Water Included
- Pets
- Yes-with Restrictions
- Locker
- Owned
- Balcony
- Open
- Amenities
- BBQs Allowed, Bike Storage, Concierge, Gym, Outdoor Pool, Visitor Parking
Included
- Inclusions
- Stainless Steel (Gas Cooktop, Fridge, B/I Oven, B/I Microwave), exposed 10ft concrete ceilings, full size Stacked Washer And Dryer, Gas BBQ Outlet On Balcony. parking spot and locker on p2, large balcony,
Schools
Elementary
- Market Lane Junior and Senior Public School0.4 km
Public · Toronto DSB · 370 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 50% met the provincial standard
- St Paul Catholic School0.5 km
Catholic · Toronto CDSB · 250 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 50% met the provincial standard
- École élémentaire Gabrielle-Roy0.6 km
French public · CS Viamonde · 270 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 88% met the provincial standard
Secondary
- Inglenook Community School0.6 km
Public · Toronto DSB · 60 students
Grade 10 literacy: 50% met the provincial standard
- St Michael's Choir (Sr) School1 km
Catholic · Toronto CDSB · 105 students
Grade 10 literacy: 100% met the provincial standard
- Collège français secondaire1.3 km
French public · CS Viamonde · 155 students
Grade 10 literacy: 100% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M5A
- Population
- 48,978
- Private dwellings
- 30,508
- Median age
- 36.4
- Average household size
- 1.8
- Median household income
- $71,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Toronto C08 · last 12 months
- Median sold price
- $592,500
- Homes sold
- 1,639
- Median days on market
- 28
- Sale-to-list price
- 97.4%
Based on 1,639 recorded sales of residential condo & other properties in Toronto C08 over the last 12 months.
Rooms
4-piece on Flat
Flat
- Bathroom
- Bedroom 28'7" x 9'7"
- Dining Room10' x 14'
- Kitchen10' x 16'
- Living Room10' x 14'
- Primary Bedroom8'7" x 14'4"
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$137,800
Estimated Monthly Payment
$3,385
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,385/mo (20% down, 5.5%)
Taxes: $307/mo · Insurance: $172/mo
Maint: $715/mo
Estimates only. Consult a financial advisor.
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