Skip to main

    716 - 55 Front St E

    For SaleThe Berczy
    $689,900
    1 Bed + 1
    1 Bath
    0 Parking
    500 - 599 SQFT
    23 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $445/mth
    Taxes:
    $3,069 (2024)
    Cost Per Sqft:
    $1,152 - $1,380/sqft
    Locker:
    Owned
    Outdoor Space:
    Juliet Balcony
    Exposure:
    East
    Possession Date:
    December 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Open Concept, Walkout To Balcony, Hardwood Floor
    11.19 x 13.29ft
    Dining
    Open Concept, Combined with Kitchen, Hardwood Floor
    9.97 x 9.58ft
    Kitchen
    Built-in Appliances, Combined with Dining, Hardwood Floor
    9.97 x 9.58ft

    About this Listing

    Welcome to The Berczy, where luxury meets convenience in the heart of downtown Toronto! This spacious 1-bedroom + den suite offers a well-designed open-concept layout perfect for anyone seeking both comfort and modern style. With its high ceilings and hardwood floors, the unit exudes a sense of openness and warmth. The sleek, modern kitchen is equipped with Built-in appliances, premium finishes, and plenty of storage, making it a joy to cook in. The layout is both functional and stylish, featuring a den that can easily be used as a home office or a guest area, offering flexibility for your needs. The bedroom is generously sized with ample closet space. Living at The Berczy means access to a wealth of top-notch amenities. Stay active in the fully equipped gym, unwind in the sauna, or find your zen in the yoga studio. Planning a social gathering? The party room and courtyard provide the perfect settings for entertaining friends or family. There's also a media room for movie nights and additional spaces to relax or work within the building. Situated in the highly sought-after St. Lawrence Market District, this condo offers the best of downtown living. Step outside and find yourself just moments away from the historic St. Lawrence Market, commuting is a breeze with Union Station only minutes away and TTC access right outside your door. You're also steps away from the Financial District, Scotiabank Arena, and Toronto's vibrant nightlife, making this location perfect for both work and play.

    re/max plus city team inc.MLS® #C9391421


    Amenities

    Media Room
    Bike Storage
    Concierge
    Gym Room
    Party Room
    Rooftop Deck

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    The Berczy vs The St. Lawrence Area

    Days on Strata

    Units at The Berczy spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    6.7
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    The Berczy offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    The Berczy has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    The Berczy yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    The Berczy is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 55 Front Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$850,000$1,100,000 - $1,800,000$1,520,000 - $2,850,000
    Avg. Cost Per SqftNo Data$1,224$1,272$1,333
    Avg. Wait for Unit Availability234 Days342 Days126 Days122 Days
    Ratio of Units in Building20%18%32%32%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence