MLS® listing
55 Ontario Street 806: common element condo for sale
$459,000
From the listing brokerage
Experience Elevated Urban Living at 55 Ontario Street, Suite 806!Discover contemporary elegance in the heart of downtown Toronto! Thisbeautifully appointed one-bedroom residence offers the perfect blend ofsophisticated design, comfort, and exceptional urban convenience.Featuring soaring 10-foot ceilings, expansive floor-to-ceiling windowsin both the living area and bedroom, and an abundance of natural light,this stylish suite feels bright, airy, and inviting.Thoughtfully enhanced with upgraded cabinetry, elegant lighting,hardwood flooring, gas stove, full washer and dryer and a beautifullyfinished modern bathroom, every detail contributes to a refined livingexperience. The open-concept living and dining space extendseffortlessly onto a generously sized private balcony, ideal for morningcoffee, relaxing outdoors, or entertaining. The spacious bedroom offersfloor-to-ceiling windows and ample closet space, while includedadditional storage adds everyday practicality.An exceptional location offering the very best of downtown Toronto!Justmoments from the iconic St. Lawrence Market, historic DistilleryDistrict, trendy cafés, acclaimed restaurants, boutique shopping,parks, and entertainment. Enjoy the convenience of being approximatelya 15-minute walk from Toronto's Financial District, making the dailycommute effortless while keeping the city's most exciting destinationswithin easy reach.Excellent connectivity with nearby 504 King and 501 Queen streetcarroutes, convenient subway connections, and easy access to the GardinerExpressway and Don Valley Parkway. Ideally situated near George BrownPolytechnic's St. James Campus, with Toronto Metropolitan Universityand other educational institutions accessible nearby.Whether you're searching for your first home, a sophisticated downtownretreat, or the simplicity of a low-maintenance urban lifestyle, thisresidence delivers an exceptional opportunity to experience Torontoliving at its finest.
Facts on the listing
| Square feet | 0-499 |
|---|---|
| Approximate age | 0-5 |
| Style | Apartment |
| Basement | None |
| Parking spaces | 0 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $490 |
| Property tax | $2,279 |
| Tax year | 2026 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | North |
| Fee includes | Common Elements Included, Building Insurance Included, Water Included |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Parking | Underground |
| Interior features | Built-In Oven, Storage Area Lockers |
| Features | Arts Centre, Library, Park, Public Transit, School, Rec./Commun.Centre |
| View | Downtown, Clear, City |
| Floor | 8 |
Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS® C14097354.
About this common element condo
55 Ontario Street 806 is a 1 bedroom common element condo in TRREB's Moss Park community in Toronto, listed for sale at $459,000. The listing shows 1 bathroom and 0-499 square feet. The style is given as apartment. The unit faces north. It comes with an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Richmond & Adelaide. The age is listed as 0-5 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 55 Ontario Street 806
At the asking price of $459,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $459,000 |
|---|---|
| Ontario land transfer tax | $5,655 |
| Toronto municipal land transfer tax | $5,655 |
| Both taxes | $11,310 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $22,950 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $490 a month |
|---|---|
| Property tax (2026) | $2,279 a year, about $190 a month |
| Fee and tax together | about $679 a month |
The listing says the maintenance fee includes common elements, building insurance and water. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 55 Ontario Street 806
How much is land transfer tax on 55 Ontario Street 806?
At the asking price of $459,000 the Ontario tax is $5,655 and the Toronto tax is $5,655, $11,310 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 55 Ontario Street 806?
$22,950 at the asking price of $459,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 55 Ontario Street 806?
The listing shows $490 a month, including common elements, building insurance and water. Check the current fee in the status certificate.
How much is the property tax on 55 Ontario Street 806?
The listing shows $2,279 a year for 2026, about $190 a month.
How do I book a showing for 55 Ontario Street 806?
Use the form on this page or call us. Quote MLS® C14097354. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 55 Ontario Street 806 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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