Condo/Apt Unit for sale at 2504-55 Centre Avenue, Toronto, ON, M5G 2H5 - Bay Street Corridor - MLS: 40773134

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2504-55 Centre Avenue

Toronto, ON, M5G 2H5 - Bay Street Corridor

$549,900

Neighbourhood

Bay Street Corridor
Major Intersection

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Condo/Apt Unit, 1 Storey/Apt
Bedrooms

1 + 0
Bathrooms

1
Square Feet

580
Exposure

East
Total Parking

1
Maintenance

$732
Taxes

$2,031.42 (2024)
Balcony

n/a

Property Description

Property description for 2504-55 Centre Avenue, Toronto

Discover the luxury and convenience of urban living at its finest in this 580 square foot suite established in the "Chestnut Park" building in the heart of downtown Toronto. Homeowners at Chestnut Park love the prime downtown locale, just steps from St. Patrick subway station on the Yonge-University line and within walking distance to Yonge Street's Eaton Centre, Bay Street's Financial District and Toronto's Hospital hub along University Avenue. This 1 bedroom plus den condo presents a large open concept living space that seamlessly unifies living, kitchen and bedroom areas, all offering a profusion of natural light. Enjoy a freshly painted home with chic laminate floors, beautiful ceramic tile flooring in foyer, bathroom and hallway, kitchen with modern sleek white cabinetry, huge walk-in closet, renewed bathroom with fresh fixtures and vanity and new main closet organizer and mirror bifold doors. Whether you're a busy working professional, investor, student, first-time Buyer or couple, this turnkey condo offers unbeatable accessibility, contemporary finishes and exceptional functionality. Don't miss your opportunity to experience the ultimate urban lifestyle that will put cafes, shops, theatres and galleries at your doorstep!

Listed by RE/MAX Real Estate Centre Inc., Brokerage

Property details

MLS #

40773134
Sq. Ft

580
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

n/a
View

n/a
Garage

n/a
Parking Type

n/a
Locker

n/a
Pets Permitted

Restricted
Exterior

Brick
Fireplace

n/a
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Elevator(s), Parking
Maintenance Fee Includes

Heat, Parking, Water
Property Management

City Sites Property Mgmt
Heat

Natural Gas
A/C

Central Air
Water

Municipal-Metered
Water Supply

n/a
Central Vac

n/a
Cert Level

n/a
Energy Cert

n/a

MLS #

40773134
Sq. Ft

580
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

n/a
View

n/a
Garage

n/a
Parking Type

n/a
Locker

n/a
Pets Permitted

Restricted
Exterior

Brick
Fireplace

n/a
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Elevator(s), Parking
Maintenance Fee Includes

Heat, Parking, Water
Property Management

City Sites Property Mgmt
Heat

Natural Gas
A/C

Central Air
Water

Municipal-Metered
Water Supply

n/a
Central Vac

n/a
Cert Level

n/a
Energy Cert

n/a

Living Room

4.88 x 3.56 ft Main level
Foyer

2.26 x 2.16 ft Main level
Dining Room

4.88 x 3.56 ft Main level
Kitchen

2.44 x 1.55 ft Main level
Bedroom Primary

4.88 x 2.95 ft Main level
Bathroom

false Main level

4-Piece
Den

4.88 x 2.95 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 2504-55 Centre Avenue, Toronto

This property has been sold 2 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Condo/Apt Unit in Bay Street Corridor

Active listings

233

Average Selling Price of a Condo/Apt Unit

August 2025

$790,315

Last 3 Months

$785,681

Last 12 Months

$821,212

August 2024

$779,025

Last 3 Months LY

$830,846

Last 12 Months LY

$882,997

Change

-5%

Change

-7%

Historical Average Selling Price of a Condo/Apt Unit in Bay Street Corridor

Average Selling Price

3 years ago

$839,029

Average Selling Price

5 years ago

$739,212

Average Selling Price

10 years ago

$511,094

Change

-6%

Change

55%

Number of Condo/Apt Unit Sold

August 2025

Last 3 Months

Last 12 Months

August 2024

Last 3 Months LY

Last 12 Months LY

Change

30%

Change

How many days Condo/Apt Unit takes to sell (DOM)

August 2025

Last 3 Months

Last 12 Months

August 2024

Last 3 Months LY

Last 12 Months LY

Change

24%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.