902-55 Ontario Street, Toronto, ON
Moss Park, Toronto · MLS® C13571130
About this home
One of Corktown's most beautifully renovated residences, featuring one of the largest private terraces in the neighbourhood. Redesigned in 2025 with over $80,000 in custom renovations, this exceptional home blends sophisticated design with luxurious everyday living. One of its most remarkable features is the spectacular 600 sq. ft. professionally landscaped private terrace, creating a seamless extension of the living space that's perfect for entertaining, dining alfresco, or simply relaxing outdoors. Inside, every detail has been thoughtfully curated. Wide-plank hardwood floors, smooth skim-coated 12-foot ceilings, and exceptional millwork elevate the home throughout. The designer kitchen is complemented by a custom coffee bar with a wine fridge, Pietra stone marble countertop, and additional built-in storage. The living room features beautifully integrated built-ins with a dedicated workspace, while the elegant entry is anchored by a custom Pietra stone console with additional storage. The expansive open-concept layout is bright and inviting, while the luxurious primary retreat offers extra-wide floor-to-ceiling windows, a full wall of custom built-ins, a spacious walk-in closet with exceptional storage, and a beautiful four-piece ensuite. Designed to maximize space and luxury, the current layout could easily be reconfigured into a two-bedroom should a future owner desire. Located in the heart of vibrant Corktown, you're just steps from King East, the Distillery District, Corktown Common, neighbourhood cafes, acclaimed restaurants, and the future Ontario Line. Residents enjoy outstanding amenities, including an outdoor pool, rooftop terrace with BBQs, a sun deck, fully equipped fitness centre, party room, and visitor parking. Complete with parking and a locker, this is a truly one-of-a-kind opportunity to own one of the neighbourhood's most exceptional homes.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13571130
- Bedrooms
- 1
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- Richmond and Ontario
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Other
- A/C
- Central Air
- Exterior
- Metal/Steel Siding, Brick
- Maintenance
- $1,196/mo
- Exposure
- North East
- Property tax
- $5,759 / 2025
- Days on market
- 1
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
w/o to terrace · open concept
4 pc ensuite · walk-in closet(s) · b/i closet
centre island · stainless steel appl · open concept
large window · open concept
Listed at $1,190,000, this home is about 19% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 17 similar homes nearby, adjusted for size, beds, and baths.Median of 17 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.12M, a bit higher.
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, listed at $949K
- Size difference +$141K
- Bedrooms −$30K
- Adjusts to $1.06M
That comparable adjusts to $1.06M; the $1.00M estimate above is the median of all 17 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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.
On location, this is a very walkable address with everyday errands close by. St Patrick is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.00M, median of 17 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Weigh carefully
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 9% above the area average of $996/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Moss Park, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: St Patrick, about 8 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $952,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,080
- Property tax
- $480
- Condo / maintenance fees
- $1,196
- Heating
- $0
- Estimated monthly cost
- $6,756
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,275
- Toronto municipal land transfer tax
- $20,275
- Estimated closing costs
- $40,550
Plus your down payment of $238,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $304,814
- Principal paid down
- $121,237
- Interest paid
- $183,576
- Balance remaining
- $830,763
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.