Condo for sale at 2504-55 Centre Avenue, Toronto, Ontario, M5G 2H5 - Bay Street Corridor - MLS: C12656222

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2504-55 Centre Avenue

Toronto, Ontario, M5G 2H5 - Bay Street Corridor

$549,900

Neighbourhood

Bay Street Corridor
Major Intersection

Dundas St. W & University Ave.

Listed Since: 4 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

500-599
Exposure

West
Total Parking

1 Underground Garage
Maintenance

$732
Taxes

$2,141.60 (2025)
Balcony

None

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.

Property details

MLS #

C12656222
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Bike Storage,Visitor Parking
Maintenance Fee Includes

Heat, Parking, Water
Property Management

City Sites Property Management Inc.
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12656222
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Bike Storage,Visitor Parking
Maintenance Fee Includes

Heat, Parking, Water
Property Management

City Sites Property Management Inc.
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Foyer

2.31 x 2.18 ft Flat level

Ceramic Floor, Large Closet
Living

4.88 x 3.61 ft Flat level

Laminate, Combined W/Dining, Open Concept
Dining

4.88 x 3.61 ft Flat level

Laminate, Combined W/Living, Open Concept
Kitchen

2.46 x 1.57 ft Flat level

Ceramic Floor, Stainless Steel Appl
Primary

4.88 x 3.0 ft Flat level

Laminate, Combined W/Den, Large Window
Den

4.88 x 3.0 ft Flat level

Laminate, Combined W/Br, Large Window

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 7 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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

Active listings

144

Average Selling Price of a Condo Apt

December 2025

$659,293

Last 3 Months

$728,004

Last 12 Months

$809,506

December 2024

$864,389

Last 3 Months LY

$803,506

Last 12 Months LY

$857,930

Change

-24%

Change

-9%

Change

-6%

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

Average Selling Price

3 years ago

$881,333

Average Selling Price

5 years ago

$696,596

Average Selling Price

10 years ago

$565,551

Change

-25%

Change

-5%

Change

17%

How many days Condo Apt takes to sell (DOM)

December 2025

Last 3 Months

Last 12 Months

December 2024

Last 3 Months LY

Last 12 Months LY

Change

-12%

Change

-11%

Change

14%

Average Selling price

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Closing Cost Calculator

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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.