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509 - 55 Ontario Street

509 - 55 Ontario Street

Toronto C08, ON

2 bed • 2 bath • approx. 900-999 sqft • Condo Apartment • 93 days on market

$889,900

Brand New, Never Lived In At East 55. Perfect 947 Sq. Ft. Two Bedroom Floorplan With Soaring 9 Ft High Ceilings, Gas Cooking Inside, Quartz Countertops, Ultra Modern Finishes. Ultra Chic Building With Great Outdoor Pool, Gym, Party Room & Visitor Parking. The Unit is newly constructed and previously unoccupied. The Purchase Price set out herein includes HST. The Purchaser will irrevocably assign to the Vendor any and all rights, title and interest in any HST rebate.

Listing Details

Taxes (2025)
$4,517
Listed
May 21, 2026

Price History

Property

Style
Apartment
Construction
Brick
Interior
None

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Adelaide/Ontario
Parcel Number
768870060
Possession
Immediate

Commercial

Occupancy
Vacant

Included

Inclusions
Stainless Steel (Gas Cooktop, Fridge, Built-In Oven, Built-In Microwave), Stacked Washer And Dryer. Actual finishes and furnishings in unit may differ from those shown in photos. One Parking Spot Included.
Rental Items
Heat Pump Lease - To Be Assumed By Buyer.

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
$595,000
Homes sold
1,638
Median days on market
28
Sale-to-list price
97.4%

Based on 1,638 recorded sales of residential condo & other properties in Toronto C08 over the last 12 months.

Rooms

4-piece on Flat, 4-piece on Flat

Ground

  • Bedroom11' x 9'9"
  • Dining Room35'1" x 12'
  • Kitchen35'1" x 12'
  • Living Room35'1" x 12'
  • Primary Bedroom10'7" x 9'7"

Listed by

BRAD J. LAMB REALTY 2016 INC.

Walk Score

99

Walk

100

Transit

99

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$177,980

Estimated Monthly Payment

$4,372

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,372/mo (20% down, 5.5%)

Taxes: $376/mo · Insurance: $222/mo

Estimates only. Consult a financial advisor.

R

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