$1,550,000 - 55 Stewart Street Unit 822, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed yesterday- MLS Number
- C13423136
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- EASY LIST REALTY LTD.
Visit the REALTOR website for further information about this listing. Welcome to Suite 822 at 55 Stewart Street, a sophisticated residence in the heart of King West, attached to the prestigious 1 Hotel. This premium corner suite offers 1,262 square feet of refined two-bedroom, two-bathroom living, recently renovated with an organic modern aesthetic. Bright, open-concept interiors are framed by floor-to-ceiling windows and high ceilings, capturing breathtaking views of Victoria Memorial Park and the Toronto skyline. New White Oak Nautilus Vintage flooring runs throughout, complemented by modernized lighting, motorized blinds in the living room, drapes in the bedrooms, and Legrand switches and outlets. The bathrooms feature marble surfaces and newly installed Teodor vanities, with a deep soaker tub in the main bath. At the heart of the home, a modern kitchen is appointed with top-of-the-line appliances - Bertazzoni electric range, Cove dishwasher, Miele refrigerator, and Miele ventless washer and dryer - anchored by an expansive centre island. Two private balconies extend the living space outdoors. The suite is offered with an oversized parking space equipped with an EV charger, and an oversized locker. Residents enjoy dedicated 24-hour concierge service, with access to 1 Hotel's rooftop infinity pool and fitness centre. Steps from world-class dining including Michelin-starred restaurants and the shops of Queen West, with quick access to transit, the financial district, Billy Bishop Airport, and the upcoming Ontario Line, this is a rare opportunity to own a renovated corner suite at one of downtown Toronto's most coveted addresses.
Estimate your monthly payments for this property
Estimated Payment
$6,856.17/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
55 Stewart Street Unit 822, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1292/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.