55 Ontario St #806 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $459,000. It has 0-499 sq ft of living space.
1The open-concept living and dining space extendseffortlessly onto a generously sized private balcony, ideal for morningcoffee, relaxing outdoors, or entertaining.
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1 Bed, 1 Bath Condo in Toronto
Unit 806 at 55 Ontario Street
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.
1 bedroom, 1 bathroom, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 55 Ontario St #806
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
0-499 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Common Element Condo
55 Ontario St #806 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14097354$459,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 55 Ontario St #806 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,255
/mo
based on the purchase price of $459,000
$91,800 cash
$367,200 financed
$309,279 total interest
Principal54%$367,200
Interest46%$309,279
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $459K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,752Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale · 9 for rent at 55 Ontario St — plus its sale and lease history.
55 Ontario St #806 is listed at $459,000 (MLS® C14097354). Summitly updates the price as soon as the MLS® record changes.
Has the price of 55 Ontario St #806 changed?
No — 55 Ontario St #806 is still listed at its original asking price of $459,000.
How many bedrooms and bathrooms does 55 Ontario St #806 have?
55 Ontario St #806 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Toronto.
Is 55 Ontario St #806 close to transit?
The nearest rapid-transit station is King Station (Line 1), about 1.1 km (about a 13-minute walk) in a straight line. Queen Station is about 1.1 km (about a 13-minute walk), and TMU Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 55 Ontario St #806?
About $2,255 a month — principal and interest on $459,000 with 20% down ($91,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 55 Ontario St #806 compare with other homes in Toronto?
Its asking price of $459,000 is about 45% below the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 55 Ontario St #806 been sold before?
Summitly has no earlier MLS® sale or lease of 55 Ontario St #806 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 55 Ontario St #806?
55 Ontario St #806 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 55 Ontario St #806 been on the market?
3 days — 55 Ontario St #806 was listed on October 20, 2026.
What is the price per square foot of 55 Ontario St #806?
About $920 per square foot: the asking price of $459,000 over the 0–499 sq ft the listing gives.
Does 55 Ontario St #806 have parking or a garage?
Garage: Yes.
Does 55 Ontario St #806 have a basement, and is it finished?
The listing says 55 Ontario St #806 has no basement.
