503 - 50 Lombard Street

Introducing a remarkable opportunity to own a condo for sale in Toronto , specifically at the prestigious address of 50 Lombard Street, Toronto. Nestled within the vibrant Church-Yonge Corridor, this exquisite condo apartment presents a unique blend of comfort and sophistication. Suite 503, situated on the fifth floor, boasts an impressive 710 sq. ft. of thoughtfully designed living space, ideal for both relaxation and entertaining.

This stunning one-bedroom plus den suite is perfect for individuals or couples seeking a harmonious balance between urban living and serene retreat. The oversized primary bedroom features wall-to-wall closets, providing ample storage for your belongings. The den, a versatile space, can serve multiple purposes; whether you envision it as a home office, a guest room, or a snug reading nook, it is sure to cater to your lifestyle needs. Sunlight floods through the south-facing windows, enhancing the inviting atmosphere of this delightful condo for sale in Toronto.

As you enter Suite 503, you are greeted by an impressive entryway that showcases a double closet enclosed by chic glass shutter doors. This thoughtful design not only adds a touch of elegance but also ensures that you have plenty of storage space for your everyday essentials. The modern kitchen is a chef's delight, featuring quartz countertops and contemporary appliances, perfect for preparing meals or entertaining guests. The freshly painted walls and beautifully redone floors throughout the suite contribute to a fresh and modern aesthetic, making this condo for sale in Toronto a true gem.

Located on a quiet, two-block stretch of Lombard Street, this residence offers a rare blend of historic charm and urban convenience. The community surrounding 50 Lombard Street, Toronto, is vibrant and dynamic, with an array of attractions just steps away. From charming cafes and exquisite dining options to the bustling St. Lawrence Market and the renowned Eaton Centre, you will find everything you need within easy reach. The Path and the Queen Subway station are also conveniently located nearby, ensuring that commuting and exploring the city is a breeze.

This condo for sale in Toronto is not just a home; it is a lifestyle choice. Whether you are a downsizer seeking contentment and elegance or looking for the ideal pied-à-terre, Suite 503 strikes the perfect balance of comfort and location. The building itself is a well-managed boutique residence, offering top-notch amenities including a gym, sauna, and a large rooftop terrace where you can unwind and enjoy stunning views of the city. Additionally, guest suites are available for your visitors, adding to the convenience and appeal of this exceptional property.

It is important to note that while this condo offers a plethora of features, it does not include a pool, fireplace, or central vacuum system. However, the central air conditioning ensures that you remain comfortable throughout the year. With one underground garage space and one parking space included, you will have peace of mind knowing that your vehicle is secure and easily accessible.

In summary, 50 Lombard Street, Toronto, presents an unparalleled opportunity to acquire a stylish and spacious condo for sale in Toronto. With its prime location, modern amenities, and thoughtful design, Suite 503 is a residence that promises to elevate your urban living experience. Don’t miss out on the chance to make this exceptional property your new home. Embrace the vibrant lifestyle that awaits you in the heart of Toronto!

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic neighbourhood characterised by its striking blend of modern skyscrapers and historic architecture. This bustling area is renowned for its diverse array of shops, restaurants, and cultural attractions, making it a hub of activity day and night. Residents enjoy easy access to public transport, including the Yonge subway line, which connects them effortlessly to the rest of the city. With its proximity to green spaces, such as Allan Gardens, and a rich tapestry of community events, the Church-Yonge Corridor offers an enticing urban lifestyle that appeals to those seeking both convenience and a lively atmosphere.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, providing families with various options for their children's education. Within a short distance of just 0.6 km, you'll find the Downtown Alternative School, a well-rated public school catering to grades JK to 8, with an impressive rating of 8.4. Also nearby is Kapapamahchakwew - Wandering Spirit School, which serves grades 9 to 12, although it currently holds a rating of 0. For younger children, St. Michael Catholic School, located 0.7 km away, offers a solid elementary education with a rating of 7.1. If you're looking for French-language education, Ryerson Community School, 2.1 km from the property, offers grades JK to 8 but has a lower rating of 3.8. Additionally, St. Joseph's College School, a Catholic institution for grades 9 to 12, is 1.7 km away and has a rating of 7.6. Lastly, St. Mary Catholic School, located 2.4 km from the property, provides education for JK to 4 with a rating of 5.7. This diverse array of schools ensures that residents have access to quality education in both English and French.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small but vibrant community with a population of 1,212 residents as of 2021. The average household size is 1.6, indicating a significant number of single-person households, which make up approximately 55.95% of the population. The average age in the area is 38.2 years, and the average household income stands at a healthy $106,000, although 14.6% of the population is classified as low-income. The real estate market reflects a median price of $775,000, with a notable 58.27% of residents being renters. Condominiums dominate the housing landscape, comprising 86.33% of the available units. Families with children represent 18.18% of households, while a significant portion of the population, 47.17%, consists of immigrants. Education levels are high, with 79.31% of residents holding a college or university degree. However, 22.17% of the population is not in the labor force, indicating potential challenges in employment opportunities. Overall, this area showcases a mix of young professionals, diverse backgrounds, and a strong educational foundation, making it an attractive location for prospective buyers and renters alike.