- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $872at the range’s middle
- Tax a year
- $2,8932026 tax year
- Built
- 0-5
- Parking
- 11 underground
- Days on market
- Members
The brief
About 607-55 Ontario St
607-55 Ontario St is a 1-bedroom, 1-bathroom condo in Moss Park, Toronto, listed for sale at an asking price of $479,000 (MLS® C14131380).
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.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall34/100−$788/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 45 condos with 1 bedroom for lease in Moss Park right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,893 / 2026
- MLS® number
- C14131380
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Moss Park
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- 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.
- Condo maint.
- $611
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.16 × 3.07 m | Stainless Steel Appl, Stone Counter, Modern Kitchen | Flat |
| Dining | 3.0 × 4.74 m | hardwood floor, hardwood floor, Combined W/Living | Flat |
| Living | 3.0 × 4.74 m | hardwood floor, Combined W/Dining, W/O To Balcony | Flat |
| Br | 2.69 × 3.85 m | hardwood floor, Large Closet, Large Window | Flat |
| Other | 5.22 × 1.82 m | Concrete Floor, Concrete Floor, South View | Flat |
Listing history
Buy/sell history for 607-55 Ontario St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $479,000 | N/A | For Sale | C14131380 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $95,800
- Total mortgage amount
- $383,200
- Total interest payment
- $272,600
- Total purchase cost
- $751,600
- Mortgage payment
- $2,186/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
49%Monthly carrying cost
$3,038- Rent $2,250
- Shortfall $788
Rental income opens at $2,250, the median asking rent of 45 comparable homes for lease in Moss Park. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,055
- Toronto municipal land transfer tax
- $6,055
- Total land transfer tax
- $12,110
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $3,635
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $479,000
- $1,580
- Ontario total
- $6,055
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,055.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR SS1 (x339)By-law
569-2013Municipality
Toronto1 x339
Site-specific exception 339: this site has rules of its own, written in the by-law.
2 SS1
Standards set 1: the setback, height and coverage rules the by-law applies to this zone.
3 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(339)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
71 ONTARIO STSite planOMB Appeal
Site Plan Application for a 43-storey mixed-use building that includes 278 square metres of retail space on the ground floor and 380 dwelling units above.
30 m away71 ONTARIO STOfficial plan or zoning amendmentOMB Appeal
Zoning By-law Amendment application to permit a 43-storey mixed-use building that includes 278 square metres of retail space on the ground floor and 380 dwelling units above.
30 m away71 ONTARIO STCondominiumUnder Review
*** Draft plan of standard condominium for 354 dwelling units, 76 parking spaces, in a proposed 38-storey mixed-use building.
30 m away69 ONTARIO STCondominiumUnder Review
*** Draft plan of standard condominium for 354 dwelling units, 76 parking spaces, in a proposed 38-storey mixed-use building.
30 m away69 ONTARIO STOfficial plan or zoning amendmentOMB Appeal
Zoning By-law Amendment application to permit a 43-storey mixed-use building that includes 278 square metres of retail space on the ground floor and 380 dwelling units above.
30 m away69 ONTARIO STSite planOMB Appeal
Site Plan Application for a 43-storey mixed-use building that includes 278 square metres of retail space on the ground floor and 380 dwelling units above.
30 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Moss Park right now
- For sale now
- 151
- Median asking price
- $550K
- New in 7 days
- 13
- Price cuts
- 13%
Middle half: $455K to $795K
50 in 28 days
20 listings
This home is asking 13% below the median.
See all homes in Moss ParkAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| King Station | TTC subway: Line 1 Yonge-University | 1.1 km |
| Queen Station | TTC subway: Line 1 Yonge-University | 1.1 km |
| TMU Station | TTC subway: Line 1 Yonge-University | 1.3 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.4 km |
| College Station | TTC subway: Line 1 Yonge-University | 1.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Market Lane Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 450 m | 78%Grade 6 average |
| St Paul Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 450 m | 72%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 600 m | 96%Grade 6 average |
| Nelson Mandela Park Public SchoolToronto DSB | Public · grades JK–8 | 700 m | 56%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 550 m | — |
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 1 km | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.3 km | 86%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 1.6 km | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Moss Park are shown to signed-in members.