Condo for sale at 703-55 Centre Avenue, Toronto, Ontario, M5G 2H5 - Bay Street Corridor - MLS: C12476339

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703-55 Centre Avenue

Toronto, Ontario, M5G 2H5 - Bay Street Corridor

$584,900

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Neighbourhood

Bay Street Corridor
Major Intersection

University Avenue and Dundas Street West

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

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Overview

Property Type

Condo Apt, 1 Storey/Apt
Bedrooms

2 + 1
Bathrooms

2
Square Feet

1000-1199
Exposure

South West
Total Parking

1 Underground Garage
Maintenance

$1,229
Taxes

$2,866.00 (2025)
Balcony

None

Property Description

Property description for 703-55 Centre Avenue, Toronto

WELCOME TO CHESTNUT PARK - DOWNTOWN TORONTO LIVING AT ITS BEST! Experience urban living redefined in the highly sought-after Chestnut Park residence, perfectly positioned in the vibrant heart of downtown Toronto. This two bedroom + den/office suite offers over 1,000 square feet of thoughtfully designed living space featuring two full bathrooms, in-suite laundry, and a spacious open concept layout - ideal for professionals, families, or investors seeking the ultimate city lifestyle. Your monthly condo fee of $1,228.83 includes common elements, building insurance, heat, water, and central air conditioning - all adding to a worry-free downtown experience. Boasting a perfect Walk Score of 100, everything you could possibly need is right at your doorstep. St. Patrick Subway Station on the Yonge-University line is mere steps away, providing seamless access across the city. Walk to the Eaton Centre, Bay Street's Financial District, University of Toronto (U of T), Toronto Metropolitan University (TMU), Ontario College of Art and Design, and Toronto's world-class hospitals along University Avenue. For students, Chestnut Park offers unbeatable proximity - nestled between U of T and TMU. For culture lovers, the Art Gallery of Ontario (AGO), Chinatown, Nathan Phillips Square, and City Hall are all within easy reach. This is a rare opportunity to own in one of downtown Toronto's most connected and dynamic neighbourhoods. Live where everything happens - live at Chestnut Park! (some images contain virtual staging)

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Property details

MLS #

C12476339
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

31-50
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

Y
Laundry Level

n/a
Building Amenities

Bike Storage,Concierge
Maintenance Fee Includes

Heat, Water
Property Management

Brilliant Property Management / 416-341-0005
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 #

C12476339
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

31-50
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

Y
Laundry Level

n/a
Building Amenities

Bike Storage,Concierge
Maintenance Fee Includes

Heat, Water
Property Management

Brilliant Property Management / 416-341-0005
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

Living

4.55 x 4.83 ft Main level

Laminate, Window Flr to Ceil, Open Concept
Dining

2.72 x 4.83 ft Main level

Laminate, Open Concept
Kitchen

2.41 x 3.15 ft Main level

Tile Floor, Stainless Steel Appl, Granite Counter
Den

3.23 x 3.2 ft Main level

Laminate, Window Flr to Ceil
Primary

3.91 x 3.12 ft Main level

4 Pc Ensuite, Laminate
Bathroom

3.2 x 1.5 ft Main level

4 Pc Ensuite, Tile Floor
2nd Br

2.77 x 2.69 ft Main level

Laminate
Bathroom

2.46 x 1.68 ft Main level

3 Pc Bath, Tile Floor
Laundry

0.0 x 0.0 ft Main level

Tile Floor

Contact Manoj Kukreja

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

Property History

Property history for 703-55 Centre Avenue, Toronto

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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

Active listings

225

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

Average Selling Price

3 years ago

$869,993

Average Selling Price

5 years ago

$925,062

Average Selling Price

10 years ago

$617,207

Change

-3%

Change

46%

How many days Condo Apt takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

29%

Change

26%

Average Selling price

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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.