Sold for:Sold Mar 25, 2025
$1,249,900

Unit 707, 55 Stewart Street

Toronto (Waterfront Communities), ON M5V 2V1

Condo Apartment SoldNot available
The Thompson Residences exteriorThe Thompson Residences15 storeys, 327 suites, built 2010
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 707, 55 Stewart Street, Toronto, Waterfront Communities

2025-03-03
2025-03-25
Sold
Price
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MLS#
c11997439

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 707, 55 Stewart Street, Toronto, Waterfront Communities

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 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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,612
Land Transfer Tax Fee
$42,946

Condo/Maintenance Fee

Maintenance Fee
$1,166 /month

Included In Maintenance Fee

  • Heat Included
  • Water Included
  • CAC Included
  • Common Elements Included
  • Building Insurance Included
  • Parking Included

Rental Items

Rental Equipment
N/A

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
Carpet Free
View
Downtown, Park/Greenbelt
Security Features
Concierge/Security
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building Amenities

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

Building

Building Type
Condo Apartment
Building Style
Apartment
Building Name
550 Wellington
Condo Corp Number
2082

Construction

Exposure
South East
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
B/I Cooktop, B/I Oven, B/I wine fridge, B/I Microwave, B/I Dishwasher, B/I closet in Primary, pot lights, all light fixtures, all window coverings, Parking and Locker.

Exclusions

Exclusions
N/A

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned
Locker Unit
248
Locker Level
C

Heating & Cooling

Heat Source
Gas
Heat Type
Heat Pump
Air Conditioning
Central Air

Bedrooms
2 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Flat level, Wood, W/O To Balcony, Pot Lights
  • Dining Room—
    Flat level, Wood, Open Concept, Combined w/Living
  • Kitchen—
    Flat level, Modern Kitchen, Stone Counters, B/I Appliances
  • Primary Bedroom—
    Flat level, Wood, W/O To Balcony, 4 Pc Ensuite
  • Bedroom 2—
    Flat level, Wood, Large Closet, Pot Lights
  • Den—
    Flat level, Wood, 3 Pc Bath, Murphy Bed

Washrooms

  • 4-piece, Flat
  • 3-piece, Flat

Municipality
Toronto
Neighbourhood
Waterfront Communities
Main cross streets
King and Bathurst
Directions
King and Bathurst

MLS® number
C11997439
Data source
Toronto Regional Real Estate Board
Status change
2025-03-25
Listed on
2025-03-03
Days on market
22 days
Possession type
30-59 days
Co-op commission
2.5%
Seller
Listed by
ROYAL LEPAGE TERREQUITY PORTFOLIO REALTY

Home Market Value

Current home valuation for Unit 707, 55 Stewart Street, Toronto, Waterfront Communities, Toronto, ON. Listed for $1,249,900

HOMEH Estimate

?

$1,111,967

Estimated Sales Range

?

$935,177 - $1,288,757

HOMEH Estimate for Unit 707, 55 Stewart Street, Toronto, Waterfront Communities

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,111,967High confidence
Based on 15 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:8.0%

5% on first $500K + 10% on $749,900 over $500K

Minimum down payment

$99,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$45,996$34,872$29,748$0
=Total mortgage
$1,195,904$1,159,782$1,092,163$999,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,839monthly$5,663monthly$5,332monthly$4,882monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$21,473

Municipal (Toronto)

$21,473

Total Land Transfer Tax

$42,946

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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