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Investment signal

$689,000

505 - 55 ONTARIO STREET

Save this home

Beds

2

Baths

1

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Moss Park). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Better than the rest-and it shows. This contemporary 2-bedroom unit delivers what others can't. A true second bedroom, premium finishes, and the added value of parking and locker. Currently generating $3,000/month in rental income, or Enjoy access to top-tier amenities including a rooftop pool and 24-hour security, motorized blinds to custom closets and designer lighting, every detail has been elevated. won't last long (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Moss Park
Common interest
Condo/Strata
Bedrooms
2 above grade
Parking
0 total
Condo/HOA fee
$715.22 monthly
On market
Apr 21, 2026
Status changed
Apr 21, 2026
Annual tax
$3,686.9
Photos
26
MLS#
C13026774
Area
TORONTO_(MOSS_PARK)

Features and systems

Parking

GarageUnderground

Basement

None

Appliances

WasherRefrigeratorOvenDryerMicrowaveCooktop

Heating

Heat PumpElectric

Cooling

Central air conditioning

Exterior

Concrete

Flooring

HardwoodMarble

Lot

Balcony

Community

Pets Allowed With Restrictions

View

View

Pool

Outdoor pool

Fee includes

Common Area MaintenanceWaterInsuranceParking
Negative cash flow ~$772/mo at these assumptions

Cash on cash

-6.73%

Cap rate

3.52%

GRM

16.6

Break-even rent

$4,263

Financing

Down payment$137,800
Loan amount$551,200
Mortgage$2,793/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$316
Insurance$80
Maintenance$574
CapEx reserve$287
Vacancy loss$173

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,793/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

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