2108-55 Ontario Street, Toronto, ON

Moss Park, Toronto · MLS® C13575722

$4,000/mo
For Lease
Listed 1 day ago
Request a showing
◎ Directions
1Bedrooms
2Bathrooms
0Parking
1000-1199Sq Ft

About this home

Perched high above the city, this fully furnished and decorated corner suite offers the rare combination of space, convenience, and uninterrupted skyline views. Floor-to-ceiling south and east-facing windows bring natural light into the 1,000 sq. ft. layout, while an expansive open-concept living, dining, and kitchen area provides plenty of room to work, relax, or entertain. The spacious one-bedroom, two-bathroom layout includes a large private balcony complete with a gas BBQ, creating an ideal spot to enjoy the city skyline from sunrise to sunset. Whether you're relocating to Toronto, between homes, or simply looking for a turnkey living arrangement for the next several months, this suite offers the flexibility to settle in immediately. Rent includes heat, hydro, water, high-speed Wi-Fi, Amazon Fire for both TVs, and professional cleaning every three weeks. No utility accounts to set up, no furniture to move, and no extra monthly bills to manage. Located in Old Town Toronto, you're moments from the Distillery District, St. Lawrence Market, the waterfront, Union Station, the Financial District, and countless restaurants, cafes, and shops, making it easy to get around and enjoy everything the city has to offer. Residents enjoy 24-hour concierge service, secure fob-controlled elevator access, a fitness centre, seasonal outdoor pool, and party room. With generous living space, incredible views, and every detail already taken care of, this suite offers a comfortable and convenient way to experience the city.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13575722
Bedrooms
1
Bathrooms
2
Size
1000-1199
Cross streets
Adelaide St E/Ontario
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
South West
Days on market
1
Listing brokerage
REAL ESTATE HOMEWARD
Moe’s TakeTeam Asgarian · Broker
In line
$4,018/moest. value

Listed at $4,000/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 19 similar rentals nearby, adjusted for size, beds, and baths.Median of 19 comparable active listings, adjusted for size, beds, and baths.

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 $3,200/mo
  • Size difference +$565/mo
  • Bedrooms −$150/mo
  • Adjusts to $3,615/mo

That comparable adjusts to $3,615/mo; the $4,018/mo estimate above is the median of all 19 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are 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.

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.

List price
$3,863/moBelow market$4,192/moAbove market

Total price vs nearby homes. Fair value about $4,018/mo, median of 19 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.
  • Open-concept layout: modern, sought-after flow.
  • Elevator: rare and valuable for accessibility and resale.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3,463avg asking

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

2811 (PH 11)-230 Queens Quay$3,9002302-761 Bay Street$3,650510-15 Merchants' Wharf$3,500606-100 Canyon Avenue$2,800

The 4 closest active listings nearby.

See all comparable homes
4,000This home3,9003,6503,5002,800This home vs active comparables
Live market pulseActive comparables in Moss Park · median list $3K
9active listings nearby
1days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

Getting around

85/ 100

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

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
Waterfront Communities C1
$3K
Waterfront Communities C8
$3K
Dovercourt-Wallace Emerson-Junction
$2K

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
$18/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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.

88%mortgage
Mortgage $18Property tax $3Total carry $21

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17per month

Mortgage amount $3,200 · 4.14% over 25 years

$800Down payment (20.0%)
$3,200Loan before insurance
$0CMHC premium
$20Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20

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
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

Plus your down payment of $800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$21/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

$1,923Total interest paid
$5,123Total of all payments
Principal $3,200 Interest $1,923
YearPrincipalInterestBalance
1$75$130$3,125
2$78$127$3,047
3$81$124$2,966
4$85$120$2,881
5$88$117$2,792
6$92$113$2,700
7$96$109$2,605
8$100$105$2,505
9$104$101$2,401
10$108$97$2,292
11$113$92$2,179
12$118$87$2,062
13$123$82$1,939
14$128$77$1,811
15$133$72$1,678
16$139$66$1,540
17$144$61$1,395
18$150$54$1,245
19$157$48$1,088
20$163$42$925
21$170$35$755
22$177$28$577
23$185$20$393
24$192$13$200
25$200$4$0

At the end of your 5-year term

Total paid over the term
$1,025
Principal paid down
$408
Interest paid
$617
Balance remaining
$2,792

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL ESTATE HOMEWARD. MLS®/PropTx.

CallRequest a showing