Condo for sale at 703-55 Centre Avenue, Toronto, Ontario, M5G 2H5 - Bay Street Corridor - MLS: C12371202

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703-55 Centre Avenue

Toronto, Ontario, M5G 2H5 - Bay Street Corridor

$599,000

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Neighbourhood

Bay Street Corridor
Major Intersection

University Avenue and Dundas Street West

Listed Since: 22 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

$2,031.00 (2024)
Balcony

None

Property Description

Property description for 703-55 Centre Avenue, Toronto

DOWNTOWN TORONTO LIVING AT ITS BEST - WELCOME TO CHESTNUT PARK! Discover unbeatable urban convenience in the highly sought-after Chestnut Park residence, perfectly situated in the vibrant heart of downtown Toronto. This two bedroom + den/office suite offers over 1,000 square feet of well-designed living space, complete with 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 covers common elements, building insurance, heat, water, and central air conditioning. With a perfect Walk Score of 100, everything you need is right at your doorstep. St. Patrick Subway Station on the Yonge-University line is just steps away, ensuring seamless transit access. Walk to the Eaton Centre, Bay Street's Financial District, University of Toronto, Toronto Metropolitan University (TMU), Ontario College of Art and Design, and Toronto's world-class hospitals along University Avenue. For students, Chestnut Park is unmatched - perfectly positioned between the University of Toronto and Ryerson University. 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 locations. Live where everything happens - live at Chestnut Park! (some images contain virtual staging)

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Property details

MLS #

C12371202
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

Restrict
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 #

C12371202
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

Restrict
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 7 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

Average Selling Price of a Condo Apt

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 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 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 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

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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.