Unknown for 55 Centre Ave #2504, Toronto Ontario M5G 2H5
13 days on Market

55 Centre Ave #2504, Toronto, Ontario M5G 2H5

In the same building:
-
Condo
1 + 1
1
~500-599 sqft
$599,900
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$5,999Cashback
Condo
1 + 1
1
~500-599 sqft

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Highlights

Property Estimate

Days on market13 days

Estimated valueNot available

Price/Sqft$1,100/sqft

Monthly cost

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CMA Subject Property

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+34

Properties sold*

$703K

Median sold price*

*Based on last 30 days

Description

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!


Property Details

StyleApartment
View-
Age of property-
SqFt~500-599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12300211
Community NameBay Street Corridor
Data SourceTRREB
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Foyer

2.31 x 2.18

Ceramic Floor / Large Closet

Living

4.88 x 3.61

Laminate / Combined W/Dining / Open Concept

Primary

4.88 x 3.0

Laminate / Combined W/Den / Large Window

Dining

4.88 x 3.61

Laminate / Combined W/Living / Open Concept


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


21Story
Amenities

Bike Storage, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jul 22, 2025
ListedActive
$599,900
13 days on market
history photo preview34
Listing by trreb®

Market Data - Bay Street Corridor

Geo Zone Map ThumbnailBay Street Corridor

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

34 days

2023

18 days

2022

26 days

New Listings

Past 30 days

125 listings

Compared to

2024

167 listings

2023

148 listings

2022

102 listings

Units sold

Past 30 days

35 units

Compared to

2024

34 units

2023

42 units

2022

60 units

Median Sold Price

Past 30 days

$707,999

Compared to

2024

$702,500

2023

$707,500

2022

$750,000


Population and Demographics

Overview

Total population 25153
Average household income $136,822

Age (%)

0 to 19
8%
20 to 34
51%
35 to 49
18%
50 to 64
13%
65 and plus
10%

Household composition (%)

Single person
57%
Single family
30%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
55%
Mandarin
15%
Yue (Cantonese)
5%
Spanish
3%
Korean
3%
Arabic
3%
French
3%
Hindi
2%
Russian
1%
Others
1%

House tenancy (%)

Renters
69%
Owners
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget