East 55 Condos

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High-Rise condos in Toronto

55 Ontario Street, Toronto, ON

Sitting in the heart of Toronto’s Lower East Side, East Fifty-Five represents the best of Toronto as a world city!

East 55 Condos is a new condo project by two of the most renowned names in the GTA’s real estate developments, Lamb Development Corp. and Hyde Park Homes, located at 55 Ontario Street, Toronto, ON.

The project features a 25-story building with 276 mixed-use condo units in eleven different layouts, ranging from one-bedroom to three-bedroom configurations. The area of these condo suites will range from 476 square feet to 2,216 square feet.

Architecturally speaking, the East55 Condos are a pretty remarkable structure designed by the renowned architectsAlliance. Completed in 2018, the contemporary condo is far from the standard glass tower but instead is a geometric work of art.

Units in this Toronto condo for sale start at $604,900.

Amenities

Pricing & Fees

  • C.C. / Maintenance: $0.73 per square foot per month
  • Average Price per SqFt: $1241 per SqFt

Deposit Structure

  • Total Min. Deposit 5%
  • $5000 on Signing Balance of 5% in 30 Days

Get the first access to the floor plans and price list.

Highlights

Floor Plans

Neighborhood

Hyde Park Homes and Lamb Development Corp.’s East 55 Condos is now built at 53 Ontario Street, Toronto, in the Moss Park neighbourhood with a 97/100 walk score and a 100/100 transit score. This makes the neighbourhood ideal for living and highly convenient. It means that almost all the facilities and commodities can be accessed within walking distance.

Investors and first-time homebuyers will both be interested in this unique project. Given their proximity to transportation, educational institutions, retail establishments, dining establishments, commercial spaces, parks, and other amenities. 

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Transportation

Getting around is simple with an address like 55 Ontario Street and the perfect transit score. Streetcars running along Queen and King offer transportation for those without cars, with passengers able to hop off and connect to trains on the Yonge-University-Spadina line.

Drivers can also get around with ease thanks to one-way streets like Richmond and Adelaide, as well as fast-paced highways such as the Gardiner Expressway and the Don Valley Parkway.

Education


Parents will appreciate having access to excellent schools in the region to support the education and general growth of their kids. Living adjacent to some of the best elementary and secondary schools in the area, such as Liberty Prep School, Inglenook Community School, Lord Dufferin Junior and Senior Public School, and others will be advantageous for youngsters.

 

 

Postsecondary students can attend some of Canada’s renowned universities within a short drive, such as Yorkville University, Northeastern University, and the University of Toronto, within less than 15 minutes of the site.

 

Grocery image by Anna Shvets from Pexels.com

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Lamb Development Corp.
Hyde Park Homes

Developer

Brad J. Lamb, Toronto’s leading condominium broker, established Lamb Construction Corp. (LDC) in 2001 to directly participate in the development of contemporary urban condominium developments. Mr. Lamb wanted to contribute something new to the development business at the time, having spent over 13 years consulting, marketing, and selling over 100 of Toronto’s most inventive and exciting projects. Since then, he has completed 19 complexes totaling around 3400 apartments at a total cost of more than $1.3 billion.
Lamb Development Corp. has grown into one of the country’s busiest developers, with each project pioneering new places and giving a modern, urban solution to each property. Completed constructions in Toronto include some of the city’s hippest and most modern structures. Lamb Development Corp. specializes in urban developments with exceptional architecture and sophisticated design.
For over 50 years, the Hyde Park Homes Group has been involved in real estate investment, development, and construction. Mr. Gary Freedman has been the company’s president and CEO since 1998. Hyde Park Homes have completed all types of commercial and residential developments in the Greater Toronto Area including retail convenience, mixed residential-retail, single-family, townhouse, stacked townhouse, mid-rise, and hi-rise condo projects.
 
Throughout the past 50 years, The developer has been making outstanding contributions to the style and personality of the Greater Toronto Area. Their ability to handle a variety of services and developments has made them one of Toronto’s most dependable builders, and they’ve been able to inspire the trust of their peers as they maintain profitable and eventful partnerships with developers such as Lamb Developments Corporation.

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