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For sale · Condo Apartment

55 Centre Avenue #2307.

Bay Street Corridor, Toronto, ON M5G 2H5

In Chestnut Park, 55 Centre Avenue
On the market25 days
MLS® C13859328Courtesy of Royal Heritage Realty Ltd.
Bedrooms1
Bathrooms1
Square feet700–799About $667 per sq ft
Parking1Locker: None

Balanced 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

Maintenance$996 / month
Property taxes$2,576 / year
Price per square footAbout $667
ExposureNorth East

About this home

Prime Location in the Heart of the City! Spacious 1-bedroom condo featuring a bright, open-concept layout, walk-in storage closet, mirrored bedroom closet doors, and a 4-piece washroom. Most of the flooring, as well as the kitchen and washroom, have been upgraded within the last 5 years. Fan coil units have been replaced. Includes a common area, community room, outdoor community space, and an owned parking spot. Owner pays hydro (hydro is not included). Central air included. All rooms are irregularly shaped. Pets permitted. Close to all amenities and just minutes from U of T, Metropolitan University, and George Brown College. Steps to TTC subway, buses, and streetcars. Walking distance to City Hall, Eaton Centre, hospitals, parks, and the library, with easy access to Toronto's commercial and financial districts.

Suite details

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The suiteproperty type, style, size, exposure
Property type
Condo Apartment
Style
Multi-Level
Size
700–799 sq ft
Exposure
North East
Heating
Fan Coil
Cooling
Central Air
Basement
None
Possession
November 20, 2026
Parking and storageparking, garage, locker
Parking
1
Garage
Underground
Locker
None
Fees and taxesmaintenance, property taxes, price per sq ft
Maintenance
$996/mo
Property taxes
$2,576 (2026)
Price per sq ft
$667
Building and rulesstoreys in building, pets
Storeys in building
23
Pets
Yes-with Restrictions
Rooms3 rooms with sizes
RoomLevelSizeFeatures
Living RoomMain5.79 × 4.26 m
KitchenMain2.74 × 4.26 m
BedroomMain4.26 × 3.65 m
Building amenitiesMaintenance fee inclusions

Maintenance fee includes: Water, Parking

What it could cost each month

— a month, estimated

With 20% down. Includes property tax and maintenance. Estimate only.

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  • Mortgage—
  • Maintenance—
  • Property tax—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

How this price compares

Members

7 suites sold at Chestnut Park in the last two years.

Sales activity in the building

Number of suites sold each quarter.

1 sold, Jan to Mar 2025 1 Jan–Mar 2025 1 sold, Apr to Jun 2025 1 Apr–Jun 2025 0 Jul–Sep 2025 2 sold, Oct to Dec 2025 2 Oct–Dec 2025 1 sold, Jan to Mar 2026 1 Jan–Mar 2026 0 Apr–Jun 2026 1 sold, Jul to Sep 2026 1 Jul–Sep 2026 0 Oct–Dec 2026 so far

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Sale and listing history

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The building and the area

Chestnut Park

The building

Chestnut Park

55 Centre Avenue · 19 storeys

Party Room/Meeting Room · Rooftop Deck/Garden · Visitor Parking

2For sale now
1For rent now
4Sold, last 12 months

Listing brokerage · MLS® C13859328Royal Heritage Realty Ltd.Data last updated Oct 14, 2026 5:21 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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