607 - 55 Ontario Street
Toronto C08, ON
- 1 bed
- 1 bath
- approx. 500-599 sqft
- Condo Apartment
Experience the best of downtown living in this thoughtfully designed 540 sq.ft. 1 bedroom condo, where style meets everyday convenience. The bright, open-concept layout extends seamlessly to a spacious 112 sq.ft. balcony complete with a gas BBQ hookup - perfect for morning coffee, evening cocktails, or effortless entertaining. The modern kitchen features a gas stove, while the spacious bathroom offers both comfort and style. Energy-efficient smart lighting in the principal rooms can be controlled from your mobile device, allowing you to adjust brightness and set timers with ease. Complete with 1 underground parking space and 1 storage locker, this home also offers outstanding building amenities. An example of some amenities residents enjoy include: a 24-hour gym, outdoor pool, and party room overlooking the pool. Ideally located just steps from St. Lawrence Market, TTC streetcars, restaurants, shopping, and with easy access to major highways, this is an exceptional opportunity for first-time buyers, investors, or professionals seeking the best of Toronto's vibrant downtown lifestyle.
Listing Details
- Taxes (2026)
- $2,893
- Listed
- October 30, 2026
Price History
Property
- Style
- Apartment
- Age
- 0-5
- Construction
- Concrete
- Interior
- Carpet Free
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Adelaide St. E + Ontario St
- Parcel Number
- 768870079
- Possession
- Flexible
- Occupancy
- Owner
Condo
- Maintenance Fee
- $611/month
- Fee Includes
- Common Elements Included, Building Insurance Included, Water Included, Parking Included
- Pets
- Yes-with Restrictions
- Locker
- Owned
- Balcony
- Open
- Amenities
- Concierge, Gym, Outdoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking
Included
- Inclusions
- Stainless Steel Fridge, Gas Stove, Over-The-Range Microwave, Dishwasher, Front Loading Washer & Front Loading Dryer, Electronic Light Fixtures, Window Coverings, Water. Other room = 112 sq.ft. South facing balcony.
- Rental Items
- Heat Pump
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
- $582,444
- Homes sold
- 1,618
- Median days on market
- 27
- Sale-to-list price
- 97.4%
Based on 1,618 recorded sales of residential condo & other properties in Toronto C08 over the last 12 months.
Rooms
4-piece on Flat
Flat
- Bedroom12'8" x 8'10"
- Dining Room
- Kitchen
- Living Room
- Other6' x 17'2"
Listed by
BRAD J. LAMB REALTY 2016 INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$95,800
Estimated Monthly Payment
$2,353
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: $2,353/mo (20% down, 5.5%)
Taxes: $241/mo · Insurance: $120/mo
Maint: $611/mo
Estimates only. Consult a financial advisor.
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