55 Ontario St, Toronto | 6 Condos on Sale and 10 units for rent

55 Ontario St, Toronto M5A0T8

East55 Condos was built by Lamb Development Corp and completed in year 2020.

There are total 25 floors and approximately 276 units.

The building currently has 6 units on sale, and 10 for lease.

Condo monthly management fee includes: Water.

Condo facility includes: Gym, Concierge, Visitor Parking, Party/Meeting Room, Rooftop Deck/Garden and Outdoor Pool.

Condo Building Analysis

For Sale

Maintenance costs have remained relatively stable compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)

$910 – $1,020/sqft

For Lease

Rent levels have decreased 4.7% compared with the same period last year.

Recent Rent Range

$3.53 – $5.56/sqft

How This Condo Compares

Price Position

33.2% Higher

Recent sale prices are above similar-age condos in the community.

Maintenance Cost

15.9% Higher

Adjusted maintenance costs are above similar-age condo buildings in the community.

Effective Cost

12.4% Higher

Estimated occupancy costs are higher than similar-age condo buildings in the community after adjusting for included utilities.

School Information

Elementary Schools
Market Lane Junior and Senior Public School (Grade: JK - 8) | School Boundary

Home school

Rank: 2677 out of 3022 (Score: 3.7)
ST MICHAEL (Grade: JK - 8)

Catholic French Immersion school

Rank: 626 out of 3022 (Score: 7.4)
HOLY ROSARY (Grade: JK - 8)

Catholic French Immersion school

Rank: 42 out of 3022 (Score: 9.5)
ST VINCENT DE PAUL (Grade: 5 - 8)

Catholic French Immersion school

Rank: 1 out of 3022 (Score: 10.0)
Secondary Schools
Jarvis Collegiate Institute (Grade: 9 - 12) | School Boundary

AP program school

Rank: 404/746 (Score: 5.9) 5 year average: 553/746 (Score: 4.5)
St. Michael's Choir (Grade: 9-12)

Catholic School
St. Joseph's (Grade: 9-12)

Catholic AP program school

Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 76% of residents hold a bachelor's degree or higher, while about 13% have a college credential. Public transit is commonly used by local commuters, alongside driving.

Commute Information

Union Go Train Station (1.5km)

Active listings

Unit	Beds	Baths	Parkings	Space(Sqf)	Price($)
812	2	2	1	800-899	799,900
509	2	2	1	900-999	819,900
521	1+1	2	1	900-999	889,900
2301	2	2	1	800-899	819,990
806	1	1	0	0-499	459,000

Location

Building's Remark

The nearby condo buildings are120 Parliament St, 313 Richmond St E, 323 Richmond St E, 383 Adelaide St E, 400 Adelaide St E and 460 Adelaide St E. Some other buildings close by include social housing apartment 101 ONTARIO ST, Rental apartment 132 BERKELEY ST and social housing apartment 501 ADELAIDE ST E.

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Toronto, please contact Toronto real estate agent Alan Zheng at 647-877-9311.

Looking beyond Downtown? Explore current market updates and properties with our dedicated Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.

183 Willowdale Ave
Toronto, ON, M2N 4Y9, Canada
647-877-9311
alan@mycanadahome.ca
luckyalan.com

55 Ontario St Condos, Toronto

55 Ontario St