
Unit 2304, 55 Centre Avenue
Toronto (Bay Street Corridor), ON M5G 2H5
Chestnut Park22 storeys, 137 suites, built 1990- 1+1Bedrooms
- 1Bathroom
- 0Parking
- 500–599Sq Ft
- $2,010Tax
- $676/moCondo Fee
- Estimated Value:$330,958See Free Estimate Report
Sale & Price History for Unit 2304, 55 Centre Avenue, Toronto, Bay Street Corridor
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$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 |
Land Transfer Tax
$4,010
$4,010
$8,020
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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