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For SaleCondo Apt · ApartmentMLS® #C14159004 · TRREB MLS®

302-55 Stewart St, Toronto, Ontario

Waterfront Communities C1, Toronto, Ontario M5V 2V1

Bedrooms
1+1
Bathrooms
1
Type
Condo Apt
Basement
None

$875,000

Estimated market value

About 302-55 Stewart St

302-55 Stewart St is a 1+1-bedroom, 1-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $875,000 (MLS® C14159004).

Rare opportunity to own a stunning suite at the prestigious Thompson Residences! Offering approximately 870 sq. ft. of thoughtfully designed living space, this stylish unit features a spacious open-concept layout, brand-new flooring, soaring 9-foot-plus exposed concrete ceilings, and floor-to-ceiling windows that fill the space with natural light. The versatile den can easily function as a second bedroom and offers convenient access to a semi-ensuite bathroom. Enjoy sophisticated urban living in this sought-after luxury residence.

Insights

  • Condition Score

    Fair
    66out of 100

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    15out of 100

    −$2,428/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 299 condos with 2 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$4,673 / 2026
MLS® number
C14159004
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
6-10
Days on market
Size
700-799 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: HOMEWISE REAL ESTATEData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 302-55 Stewart St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$875,000N/AFor SaleC14159004

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Domin Kurian for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Waterfront Communities C1
Municipality
Toronto

Building

Size
700-799 sqft
Building Age
6-10
Construction
Brick

Inside

Bedrooms
1+1
Bathrooms
1
Bathroom Details
1 × 4pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Condo maint.
$1,047

Rooms

RoomSizeFeaturesLevel
Primary10.76 × 11.97 mSemi Ensuite, Large Closet, W/O To BalconyMain

Map and tour

Condos for sale in Waterfront Communities C1 right now

For sale now
634
Median asking price
$629K

Middle half: $535K to $837K

New in 7 days
74

259 in 28 days

Price cuts
21%

130 listings

This home is asking 39% above the median, higher than three quarters of them.

See all homes in Waterfront Communities C1

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 663 KING ST WSite planUnder Review

    Ontario Line King-Bathurst


    90 m away

  • 662 KING ST WSite planUnder Review

    Ontario Line King-Bathurst


    130 m away

  • 668 KING ST WSite planUnder Review

    Ontario Line King-Bathurst


    140 m away

  • 675 KING ST WSite planUnder Review

    The proposed development is for a 19-storey mixed-use building with a height of approximately 67.7 metres to the top of the roof (72.0 metres to the top of the mechanical penthouse) with approximately 13,035 square metres of total gross floor area, including approximately 2,575 square metres of commercial uses containing at-grade retail and replacement of the existing office space. A total of 159 residential units are proposed. An associated Zoning By-law Amendment application (22 204199 STE 10 OZ) was approved by Council in Deember 2024 and by-law 1414-2024 in force and effect.


    150 m away

  • 71 PORTLAND STSite planUnder Review

    Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.


    160 m away

  • 71 PORTLAND STSite planUnder Review

    Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.


    160 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

Land transfer tax on this home

Ontario land transfer tax
$13,975
Toronto municipal land transfer tax
$13,975
Total land transfer tax
$27,950
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$19,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $875,000
$9,500
Ontario total
$13,975

Toronto’s municipal tax uses the same brackets at this price, so it adds another $13,975.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Heritage and ravine protection

  • Not found on the Heritage Register
  • In the King-Spadina Heritage Conservation District, by-law 1111-2017
  • Not in the mapped ravine protection area

What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Permit history

7 building permits cleared at this address in the City’s file.

  • Balcony/Guard RepairsClosed

    Proposal for exterior repairs for waterproofing replacement & associated concrete repairs to (215) existing balcony slabs of a condominium building. Additional work for localized guardrail / divider panel repairs.

    Issued November 3, 2022

  • Garage Repair/ReconstructionPermit Issued

    Proposal fro localized concrete repairs on levels P1 and P2 of the existing Apartment Building.

    Issued August 21, 2019

  • Building Permit Related(MS)Closed

    Hvac - basic interior alteration to a building greater than 5 years in age

    Issued July 12, 2016

  • Building Permit Related(PS)Closed

    Plumbing - BASIC INTERIOR ALTERATION TO A BUILDING GREATER THAN 5 YEARS IN AGE

    Issued July 12, 2016

  • Interior AlterationsClosed

    Basic interior alteration to a residential suite

    Issued June 15, 2016

  • Building Permit Related(MS)Inspection

    HVAC - Proposal for interior alteration to lobby of existing apartment building. (160m2)

    Issued August 27, 2013

  • Other(FS)Closed

    Proposal to install 2 manual pull stations on the 4th floor of existing multi use building.

    Issued June 22, 2012

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Mary Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion400 m75%Grade 6 average
Niagara Street Junior Public SchoolToronto DSBPublic · grades JK–6550 m95%Grade 6 average
Bishop Macdonell Catholic SchoolToronto CDSBCatholic · grades JK–8700 m84%Grade 6 average
École élémentaire Pierre-Elliott-TrudeauConseil scolaire ViamondeFrench-language public · grades JK–61.4 km94%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
City SchoolToronto DSBPublic · grades 9–12900 m—
Heydon Park Secondary SchoolToronto DSBPublic · grades 9–121.4 km8%Grade 9 math
Msgr Fraser College (Southwest)Toronto CDSBCatholic · grades 9–121.6 km—
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–122.9 km86%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
St Andrew StationTTC subway: Line 1 Yonge-University1.4 km
Osgoode StationTTC subway: Line 1 Yonge-University1.4 km
St Patrick StationTTC subway: Line 1 Yonge-University1.6 km
Exhibition GOGO Transit train: Lakeshore West1.7 km
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Zoning

Zone

CRE (x1)

By-law

569-2013

Municipality

Toronto
Commercial Residential Employment zone (CRE)
  1. 1 x1

    Site-specific exception 1: this site has rules of its own, written in the by-law.

  2. 2 Where this is written

    Chapter 50, section 50.10 of By-law 569-2013 · Exception 900.12.10(1)

  3. 3 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $175,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$175,000
Total mortgage amount
$700,000
Total interest payment
$497,600
Total purchase cost
$1,372,600
Mortgage payment
$3,992/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

69%

Monthly carrying cost

$5,428
−$2,428per month
  • Rent $3,000
  • Shortfall $2,428

Rental income opens at $3,000, the median asking rent of 299 comparable homes for lease in Waterfront Communities C1. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

Recently sold nearby

Sold prices in Waterfront Communities C1 are shown to signed-in members.

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