2301-55 Ontario Street, Toronto, ON

Moss Park, Toronto · MLS® C13521684

$839,990
For Sale
Listed 18 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

East 55 is conveniently located within a vibrant neighbourhood featuring a variety of options for shopping, dining, entertainment and much more. Walking distance to St. Lawrence Market and the Distillery. Access to streetcars and near the subway line plus the upcoming Ontario Line. This community gives you access to quaint living with proximity to urban amenities. This Manila model unit features stunning modern finishes and an abundance of light for the generous windows with a gorgeous expansive view. Kitchen features gas stove, stainless steel appliances and an island with bar and additional storage. Outdoor gas hookup on 236 square foot balcony formal-fresco dining. Generous room sizes and large bathrooms plus large closets for your comfort and ease. Enjoy tastefully appointed amenities such as rooftop pool with large social deck, party room, co-working spaces, boardroom, well-equipped gym and yoga lounge. This unit is the epitome of Toronto living in style.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13521684
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Parliament & Adelaide
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$891/mo
Exposure
North
Property tax
$4,509 / 2025
Days on market
18
Listing brokerage
NEW CONCEPT PLUS REALTY INC.

Rooms

BathroomFlat2.41 × 1.47 m

hardwood floor · 4 pc bath · tile floor

Bedroom 2Flat2.93 × 2.74 m

hardwood floor · closet · window

FoyerFlat2.17 × 2.15 m

hardwood floor · closet · led lighting

Dining RoomFlat7.44 × 5.52 m

hardwood floor · window · open concept

Living RoomFlat7.44 × 5.52 m

hardwood floor · window · open concept

Primary BedroomFlat3.08 × 2.93 m

4 pc ensuite · walk-in closet(s) · window

KitchenFlat2.81 × 3.09 m

stainless steel appl · hardwood floor · breakfast area

Moe’s TakeTeam Asgarian · Broker
Above comparables
$737Kest. value

Listed at $839,990, this home is about 14% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Moss Park lately, sellers have been getting about 96% of asking and homes sell in about 35 days.

Based on 98 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 98 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $797K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $840K
  • Bedrooms −$30K
  • Adjusts to $810K

That comparable adjusts to $810K; the $737K estimate above is the median of all 98 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Orde Street Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$686KGreat deal$840KOverpriced

Total price vs nearby homes. Fair value about $737K, median of 98 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Comparable listingsCurrently listed nearby in Moss Park · asking prices
$809kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

820-170 Bayview Avenue$815k507-284 King Street$799k1505-284 King Street$840k2004-284 King Street$850kS430-112 George Street$740k

The 5 closest of 8 active listings nearby.

See all comparable homes
840kThis home815k799k840k850k740kThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $649K
$989this home / sqft
38active listings nearby
18days on market
100sold nearby · 90 days
$621Kmedian sold price
96%of asking, on average

This home lists 6% above the area average of $930/sqft.

17 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Moss Park, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bay Street Corridor
$471K
Church-Yonge Corridor
$669K
Waterfront Communities C1
$652K
Waterfront Communities C8
$719K
Niagara
$701K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Orde Street Public School
76%
Orde Street Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$3,828/mo
$178KIncome needed
4.7×Price ÷ income
$883Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

75%mortgage
Mortgage $3,828Property tax $376Condo fee $891Total carry $5,095

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,586per month

Mortgage amount $671,992 · 4.14% over 25 years

$167,998Down payment (20.0%)
$671,992Loan before insurance
$0CMHC premium
$4,853Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,586
Property tax
$376
Condo / maintenance fees
$891
Heating
$0
Estimated monthly cost
$4,853

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$13,275
Toronto municipal land transfer tax
$13,275
Estimated closing costs
$26,550

Plus your down payment of $167,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,356/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$403,808Total interest paid
$1,075,800Total of all payments
Principal $671,992 Interest $403,808
YearPrincipalInterestBalance
1$15,742$27,290$656,250
2$16,401$26,631$639,849
3$17,087$25,945$622,762
4$17,802$25,230$604,960
5$18,546$24,486$586,414
6$19,322$23,710$567,092
7$20,130$22,902$546,961
8$20,972$22,060$525,989
9$21,850$21,182$504,139
10$22,763$20,269$481,376
11$23,716$19,316$457,660
12$24,708$18,324$432,953
13$25,741$17,291$407,212
14$26,818$16,214$380,394
15$27,940$15,092$352,454
16$29,108$13,924$323,346
17$30,326$12,706$293,020
18$31,594$11,438$261,426
19$32,916$10,116$228,510
20$34,293$8,739$194,218
21$35,727$7,305$158,491
22$37,221$5,811$121,269
23$38,778$4,254$82,491
24$40,400$2,632$42,090
25$42,090$942$0

At the end of your 5-year term

Total paid over the term
$215,160
Principal paid down
$85,578
Interest paid
$129,582
Balance remaining
$586,414

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
1.6%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.9%
Gross yield
− Property tax $4,509− Condo fees $10,687− Insurance $600− Vacancy & upkeep $3,564Net operating income $13,040

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NEW CONCEPT PLUS REALTY INC.. MLS®/PropTx.

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