Condo for sale at 1607-55 Centre Avenue, Toronto, Bay Street Corridor, M5G 2H5 - MLS: C12146292

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1607-55 Centre Avenue

Toronto, Ontario, M5G 2H5

$569,900

Neighbourhood

Bay Street Corridor
Major Intersection

University & Dundas

Listed Since: 23 day(s)
Last update: 21 day(s) ago

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

700-799
Exposure

North East
Total Parking

1 Underground Garage
Maintenance

$976
Taxes

$2,317.54 (2024)
Balcony

None

Property description for 1607-55 Centre Avenue, Toronto, Bay Street Corridor, M5G 2H5

This freshly painted corner suite unit overlooking Nathan Philips Square is ready for you to move in. One of the best value unit in the centre of downtown! This functional layout is flexible to easily convert from a 1 plus den to a 2 bedroom unit! Large open concept space with ample natural light. Well maintained unit offers updated kitchen with SS appliances, ceramic & SS backsplash and modern countertop. Lots of closet space and ensuite storage! Nearby UofT., Metropolitan University, and George Brown College. Steps to TTC: subway, buses, and street cars. Minutes walk to the PATH, City Hall, Eaton Centre, Hospitals, Parks & Libraries. Short travel to Toronto's Financial District.

Listed by RE/MAX HALLMARK REALTY LTD.

Property details

MLS #

C12146292
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Visitor Parking
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Brilliant Property Management
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 #

C12146292
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Visitor Parking
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Brilliant Property Management
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

Kitchen

2.06 x 1.8 ft Main level

Open Concept, Stainless Steel Appl
Dining

4.75 x 4.45 ft Main level

Combined W/Living, Laminate, Open Concept
Living

4.75 x 4.45 ft Main level

Open Concept, Laminate, Combined W/Dining
Den

3.08 x 3.14 ft Main level

Open Concept, Laminate
Primary

4.27 x 4.05 ft Main level

Bay Window, Double Closet, Laminate
Bathroom

2.53 x 1.25 ft Main level

4 Pc Bath, Renovated
Foyer

2.89 x 2.56 ft Main level

Large Closet

Contact Manoj Kukreja

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

Property History for 1607-55 Centre Avenue, Toronto, Bay Street Corridor, M5G 2H5

This property has been sold 3 times before.

To view this property's sale price history please sign in or register

Local Real Estate Price Trends

Active listings

336

Average Selling Price of a Condo Apt

May 2025

$743,800

Last 3 Months

$805,484

Last 12 Months

$832,503

May 2024

$827,644

Last 3 Months LY

$892,456

Last 12 Months LY

$893,624

Change

11%

Change

11%

Change

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

Average Selling Price

3 years ago

$915,697

Average Selling Price

5 years ago

$818,282

Average Selling Price

10 years ago

$555,170

Change

23%

Change

10%

Change

-25%

Number of Condo Apt Sold

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-16%

Change

12%

Change

11%

How many days Condo Apt takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-27%

Change

-33%

Change

-29%

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.