19 hours on Market

55 Stewart St #707, Toronto, Ontario M5V 2V1

In the same building:
-
Condo
2 + 1
2
~1000-1199 sqft
$1,249,900
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Condo
2 + 1
2
~1000-1199 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,146/sqft

Est. Mortgage$5,368/mo

Maintenance fees$1166/mo

Tax Amount (2025)$5,612/yr

Days On Market19 hours


Description

Welcome to the prestigious 550 Wellington, one of Toronto's most sought-after residences, where luxury and sophistication meet in the heart of the city. Experience unparalleled urban living with exclusive access to world-class 1Hotel amenities including 5-star restaurant and bar right at your doorstep. This impeccably renovated suite boasts just under 1,200 square feet of modern, open-concept living space, designed for both comfort and style. Featuring soaring 9-foot ceilings, elegant pot lighting, and premium finishes throughout, every detail has been carefully curated for a refined living experience. The sleek kitchen is adorned with Caesarstone countertops and backsplash, while the spa-inspired bathroom showcases high-end Kohler bath systems. Enjoy the convenience of Lutron home automation, allowing you to control lighting, climate, and more with ease. Custom built-ins provide ample storage solutions, seamlessly blending functionality with design, while a thoughtfully integrated Murphy bed enhances versatility. This rare offering is truly a must-see for those seeking the perfect blend of luxury, convenience, and modern elegance in one of Toronto's most coveted addresses.


Property Details

StyleApartment
View-
Age of property-
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC11997439
Community NameEntertainment District
Data SourceTRREB
Listing byROYAL LEPAGE TERREQUITY PORTFOLIO REALTY

Features

Heating: Heat Pump
Cooling: Central Air

Flat Floor

Living

6.75 x 4.11

Wood Floor / W/O To Balcony / Pot Lights

Dining

6.75 x 4.11

Wood Floor / Open Concept / Combined W/Living

Prim Bdrm

4.50 x 3.30

Wood Floor / W/O To Balcony / 4 Pc Ensuite

Kitchen

3.65 x 3.13

Modern Kitchen / Stone Counter / B/I Appliances


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


7Story
Amenities

Concierge, Gym, Outdoor Pool, Rooftop Deck/Garden, Elevator

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 3, 2025
ListedActive
$1,249,900
19 hours on market
history photo preview40
Listing by trreb®
Property listed by ROYAL LEPAGE TERREQUITY PORTFOLIO REALTY, Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2024

32 days

2023

29 days

2022

11 days

New Listings

Past 30 days

490 listings

Compared to

2024

377 listings

2023

220 listings

2022

108 listings

Units sold

Past 30 days

40 units

Compared to

2024

65 units

2023

78 units

2022

157 units

Median Sold Price

Past 30 days

$700,000

Compared to

2024

$722,000

2023

$688,750

2022

$799,999


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Schools and amenities

Estimated Budget