Listed for:Listed 16 days ago
$369,000

Unit 2304, 55 Centre Avenue

Toronto (Bay Street Corridor), ON M5G 2H5

Condo Apartment For Sale
Chestnut Park exteriorChestnut Park22 storeys, 137 suites, built 1990
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 2304, 55 Centre Avenue, Toronto, Bay Street Corridor

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 2304, 55 Centre Avenue, Toronto, Bay Street Corridor

Summarized Description

  • Affordable downtown ownership opportunity in Toronto.
  • Functional layout with hardwood floors throughout.
  • Flexible layout for various living arrangements.
  • Central location near subway and universities.
  • Investment potential for first-time buyers.
  • Bright bedrooms with large bay window.
  • Steps away from restaurants and conveniences.
  • In-suite laundry for added convenience.

**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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,010
Land Transfer Tax Fee
$8,020

Condo/Maintenance Fee

Maintenance Fee
$676 /month

Included In Maintenance Fee

  • Heat Included
  • Water Included
  • Common Elements Included
  • Building Insurance Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite, In-Suite Laundry
Laundry Level
Main Level
Interior Extras
Carpet Free, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter
View
City
Security Features
Concierge/Security, Smoke Detector
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
None

Building Amenities

  • Party Room/Meeting Room
  • Rooftop Deck/Garden

Building

Building Type
Condo Apartment
Building Style
Apartment
Building Name
Chestnut Park
Approx Age
31-50
Condo Corp Number
868

Construction

Exposure
West
Exterior Finish
Concrete
Roof
Unknown
Foundation Details
Unknown
Special Designation
Unknown

Inclusions

Inclusions
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.

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Underground
Garage Spaces
0
Parking Type
None
Parking Spaces
0
Total Garage And Parking Spaces
0

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Fan Coil
Air Conditioning
Central Air

Bedrooms
1 + 1
Washrooms
1
Kitchens
1

Room sizes

  • Kitchen—
    Main level, Ceramic Floor, B/I Dishwasher
  • Bedroom 2—
    Main level, Large Window, Closet
  • Primary Bedroom—
    Main level, Large Window, Hardwood Floor
  • Living Room—
    Main level, Hardwood Floor, Combined w/Dining
  • Dining Room—
    Main level, Combined w/Living, Hardwood Floor
  • Bathroom—
    Main level, Ceramic Floor, 4 Pc Bath

Washrooms

  • 4-piece, Main

Municipality
Toronto
Neighbourhood
Bay Street Corridor
Main cross streets
University Ave and Dundas St West
Directions
2 minute walk to St Patrick Station

MLS® number
C13849934
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-01
Updated on
2026-10-04
Days on market
16 days
Possession type
30-59 days
Co-op commission
2.5% plus HST
Seller
Listed by
KELLER WILLIAMS PORTFOLIO REALTY

Home Market Value

Current home valuation for Unit 2304, 55 Centre Avenue, Toronto, Bay Street Corridor, Toronto, ON. Listed for $369,000

HOMEH Estimate

?

$330,958

Estimated Sales Range

?

$261,457 - $400,459

HOMEH Estimate for Unit 2304, 55 Centre Avenue, Toronto, Bay Street Corridor

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$330,958Medium confidence
Based on 14 comparable properties
+ $38,042 (11%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$18,450

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$14,022$10,295$8,782$0
=Total mortgage
$364,572$342,395$322,432$295,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,780monthly$1,672monthly$1,574monthly$1,441monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$4,010

Municipal (Toronto)

$4,010

Total Land Transfer Tax

$8,020

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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