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$2,499,999
55 Stewart Street · Toronto · Ontario M5V 2V1
137 days on market
Rare Opportunity For This One-Of-A-Kind 3-Storey Condo Unit (2713Sf) In 1 Hotel Residences. Famous For Its Rooftop Amenities, This Penthouse Has Its Own 500Sf Rooftop Patio And Gas Bbq Line. Modern Kitchen With Open Concept Main Level, Exposed Concrete Ceilings. Enjoy East And West Views With Ceiling To Floor Windows. Two Huge Bedrooms With Ensuite On The Second Floor. Located In Chique King West, Urban Convenience Is A Given. Comes With Parking & Locker.
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RIGHT AT HOME REALTY
Source: TRREB/PROPTX · MLS® C13412672
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Get My StreetValue™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ required — no CMHC insurance on $1.5M+ homes
≈ $0.07/ft² × ~2,625 ft² · ON avg ~$101/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $113,811 | $9,484/mo |
| Government & taxes | ||
| Property tax | $13,378 | $1,115/mo |
| Land transfer tax(closing) | $48,975 | $4,081/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $1,213 | $101/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $25,000 | $2,083/mo |
| Condo fees | ||
| Condo / HOA fees | $34,174 | $2,848/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $246,310 | $20,526/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.