For sale · Condo Apartment
55 Centre Avenue #2304.
Bay Street Corridor, Toronto, ON M5G 2H5
In Chestnut Park, 55 Centre AvenueBalanced market
Condo market in Bay Street Corridor. Sales and new listings are roughly in step, so neither side has a clear edge. Homes here sell in about 37 days. Market data
Sales-to-new-listings ratio, last 3 months: 42%
Months of supply: 4.4
What it means
- Balanced market in Bay Street Corridor: condos take about 37 days to sell.
- About 4.4 months of condos for sale in Bay Street Corridor at the current pace of sales.
At a glance
About this home
**An Affordable Opportunity In The Heart Of Downtown Toronto!** Welcome to 55 Centre Ave #2304, where downtown ownership is within reach. Located in the sought-after Bay Street Corridor, this approximately 589 sq. ft. suite offers a functional layout with hardwood floors, bright bedrooms with a large bay window, good size living area, a separate dining area, galley kitchen, 4-piece bath and in-suite laundry. Currently configured with two compact bedrooms, the flexible layout offers options to suit your needs, whether you're looking for a downtown home, a work-from-home setup or an investment opportunity. Prefer a more open feel? Remove the existing partition wall to create a more spacious one-bedroom layout. An unbeatable central location just steps to St. Patrick subway station, U of T, Toronto Metropolitan University, the Financial District, major hospitals, Chinatown, Eaton Centre, restaurants and everyday conveniences. Enjoy the best of downtown living with the freedom to make the space your own. A great opportunity for first-time buyers and investors alike!
Suite details
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The suiteproperty type, style, size, exposure
- Property type
- Condo Apartment
- Style
- Apartment
- Size
- 500–599 sq ft
- Exposure
- West
- Heating
- Fan Coil
- Cooling
- Central Air
- Basement
- None
- Possession
- Flexible
Parking and storageparking, garage, locker
- Parking
- 0
- Garage
- Underground
- Locker
- None
Fees and taxesmaintenance, property taxes, price per sq ft
- Maintenance
- $676/mo
- Property taxes
- $2,010 (2026)
- Price per sq ft
- $672
Building and rulesstoreys in building, pets
- Storeys in building
- 19
- Pets
- Yes-with Restrictions
Rooms6 rooms with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Bedroom 2 | Main | 2.42 × 2.85 m | large window · closet |
| Primary Bedroom | Main | 2.22 × 3.32 m | large window · hardwood floor |
| Living Room | Main | 3.01 × 2.99 m | hardwood floor · combined w/dining |
| Dining Room | Main | 1.75 × 2.38 m | combined w/living · hardwood floor |
| Kitchen | Main | 1.57 × 2.45 m | ceramic floor · b/i dishwasher |
| Bathroom | Main | 1.56 × 2.5 m | ceramic floor · 4 pc bath |
What is includedAppliances and fixtures
Existing appliances: Fridge, Stove, Range Fan, Dishwasher, Washer, Dryer. Electric Light Fixtures, Wall cabinet in main bedroom. Window Coverings. Existing Furniture can be included at no extra cost on request.
Building amenitiesparty room/meeting room, rooftop deck/garden
Maintenance fee includes: Heat, Water
What it could cost each month
— a month, estimated
With 20% down. Includes property tax and maintenance. Estimate only.
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- Mortgage—
- Mortgage insurance (added to loan)—
- Maintenance—
- Property tax—
Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members7 suites sold at Chestnut Park in the last two years.
Sales activity in the building
Number of suites sold each quarter.
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Sale and listing history
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The building and the area
The building
Chestnut Park
55 Centre Avenue · 19 storeys
Party Room/Meeting Room · Rooftop Deck/Garden · Visitor Parking
Listing brokerage · MLS® C13849934Keller Williams Portfolio RealtyData last updated Oct 4, 2026 1:23 pm.
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