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Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$588,000
Available - For Sale
Listing ID: C11936661
55 Ontario St , Unit 715, Toronto, M5A 0T8, Ontario


55 Ontario Street is a pinnacle of contemporary living nestled in Toronto's coveted King East neighbourhood. This brand-new junior 1 bedroom, 1 bathroom condo epitomizes sophistication and style. Step into an open-concept layout adorned with premium finishes, including engineered hardwood floors, sleek cabinetry, and quartz countertops. The gourmet kitchen boasts state-of-the-art appliances, perfect for culinary enthusiasts. Unwind in the cozy bedroom retreat, complete with ample closet space and large windows offering stunning city views. The luxurious bathroom features elegant fixtures and a spa-like ambiance. With ensuite laundry and storage, convenience is paramount. Indulge in the building's exceptional amenities, including a fitness centre, rooftop terrace, and concierge service. Embrace the vibrant energy of King East with its trendy cafes, boutiques, and entertainment options right at your doorstep. With easy access to transit and highways, commuting is a breeze. Don't miss the chance to experience urban living at its finest in this exquisite condominium. **EXTRAS** Cash Flow positive in Toronto! Low costs and high rent make this a rare find, perfect for the savvy investor.
Price $588,000
Taxes: $1661.49
Maintenance Fee: 403.25
Address: 55 Ontario St , Unit 715, Toronto, M5A 0T8, Ontario
Province/State: Ontario
Condo Corporation No TSCC
Level 7
Unit No 15
Directions/Cross Streets: Adelaide/Ontario
Rooms: 4
Bedrooms: 1
Bedrooms +:
Kitchens: 1
Family Room: N
Basement: None
Property Type: Condo Apt
Style: Apartment
Exterior: Brick
Garage Type: None
Garage(/Parking)Space: 0.00
Drive Parking Spaces: 0
Park #1
Parking Type: None
Exposure: W
Balcony: None
Locker: None
Pet Permited: Restrict
Approximatly Square Footage: 0-499
Building Amenities: Concierge, Gym, Outdoor Pool, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking
Property Features: Public Trans
Maintenance: 403.25
CAC Included: Y
Common Elements Included: Y
Building Insurance Included: Y
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Heat Pump
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Main
Ensuite Laundry: Y
Schools

5 public & 5 Catholic schools serve this home. Of these, 7 have catchments. There are 2 private schools nearby.

Parks & Rec

4 playgrounds, 3 basketball courts and 10 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 3 min walk away. Rail transit stop less than 2 km away.

$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $39,995 $79,990 $119,985 $159,980
First Mortgage $759,905 $719,910 $679,915 $639,920
CMHC/GE $30,396.2 $22,317.21 $19,037.62 $0
Total Financing $790,301.2 $742,227.21 $698,952.62 $639,920
Monthly P&I $3,899.99 $3,662.76 $3,449.2 $3,157.89
Expenses $0 $0 $0 $0
Total Payment $3,899.99 $3,662.76 $3,449.2 $3,157.89
Income Required $146,249.76 $137,353.39 $129,345.18 $118,420.86

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$1,973.68
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
YOUNG REALTY INC.
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Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
 
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At a Glance:
Type: Condo - Condo Apt
Area: Toronto
Municipality: Toronto
Neighbourhood: Moss Park
Style: Apartment
Lot Size: x ()
Approximate Age:
Tax: $1,661.49
Maintenance Fee: $403.25
Beds: 1
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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%
%
Years