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    Toronto / Downtown / St. Lawrence

    1602 - 55 Ontario St

    For RentEast 55 Condos
    5.0
    $2,250/mth
    1 Bed
    1 Bath
    0 Parking
    500 - 599 SQFT
    10 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Possession Date:
    February 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Open Concept, Hardwood Floor, Walkout To Balcony
    21 x 10.07ft
    Dining
    Combined with Living, Hardwood Floor, Open Concept
    21 x 10.07ft
    Kitchen
    Stone Counter, Hardwood Floor, Stainless Steel Appliances
    21 x 10.07ft

    About this Listing

    Welcome to this beautiful 1-bedroom condo at East 55, offering the best of urban living. Step inside to find a modern, open concept space with hardwood floors and 9-foot exposed concrete ceilings. The floor to ceiling windows allow for a bright feel throughout. The balcony includes a gas BBQ line which is perfect for entertaining. The bedroom has a walk in closet with custom built in organizers. This suite has the best layout for this size range. East 55 is located in a prime location to public transit and just a short walk from King Street East, Front street and the St Lawrence Market. The building offers impressive amenities including 24/7 concierge, gym and rooftop pool.

    ExtrasStainless steel fridge, integrated oven/gas cooktop, built in microwave and dishwasher. Stacked washer and dryer. Electrical light fixtures. Speak to listing agent about option for locker.

    brad j. lamb realty 2016 inc.MLS® #C11902354

    Amenities

    Visitor Parking
    Party Room
    Indoor Parking
    Concierge
    Gym Room
    Rooftop Deck

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    East 55 Condos vs The St. Lawrence Area

    Building Trends At East 55 Condos

    Days on Strata

    Units at East 55 Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 71 condos in the St. Lawrence area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    54
    Units were Rented over the past twelve months

    Best Value Rank

    East 55 Condos offers the
    ?
    best value out of 71 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    East 55 Condos has the
    ?
    highest ROI out of 71 condos in the St. Lawrence neighbourhood

    Rental Yield

    East 55 Condos yields the
    ?
    highest rent prices out of 71 condos in the St. Lawrence neighbourhood

    High Demand

    East 55 Condos is the
    ?
    most popular building out of 71 condos in the St. Lawrence neighbourhood

    Transaction Insights at 53 Ontario St

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$490,000$647,925 - $699,900$840,000$1,400,000$1,027,500 - $1,040,000
    Avg. Cost Per Sqft$1,108$1,044$1,033$1,149$1,031
    Avg. Wait for Unit Availability34 Days50 Days87 Days256 Days373 Days
    Ratio of Units in Building52%31%13%3%3%

    Transactions vs Inventory

    Total number of units listed and leased in St. Lawrence