$499,900
Est. payment $2,213/moCalculate yours
55 Centre Avenue 2307, Toronto, ON M5G 2H5
Bay Street Corridor, Toronto, ON M5G 2H5
- 1 Beds
- 1 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of Royal Heritage Realty Ltd. MLS® C13859328
About this home
Prime Location in the Heart of the City! Spacious 1-bedroom condo featuring a bright, open-concept layout, walk-in storage closet, mirrored bedroom closet doors, and a 4-piece washroom. Most of the flooring, as well as the kitchen and washroom, have been upgraded within the last 5 years. Fan coil units have been replaced. Includes a common area, community room, outdoor community space, and an owned parking spot. Owner pays hydro (hydro is not included). Central air included. All rooms are irregularly shaped. Pets permitted. Close to all amenities and just minutes from U of T, Metropolitan University, and George Brown College. Steps to TTC subway, buses, and streetcars. Walking distance to City Hall, Eaton Centre, hospitals, parks, and the library, with easy access to Toronto’s commercial and financial districts.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Multi-Level
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Fan Coil (Electric)
- Cooling
- Central Air
- Exterior
- Brick
Lot & Parking
- Parking
- Underground garage · 1 total
Financial
- Property Taxes
- $2,576 (2026)
- Condo Fee
- $996/mo
- Fee Includes
- Water Included, Common Elements Included, Building Insurance Included, Parking Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Bay Street Corridor
- Cross Street
- Dundas Street W & University Ave
Listing
- MLS® Number
- C13859328
- Days on Market
- 15
- Listed On
- 2026-10-03
- Possession
- Nov 20, 2026
- Listed By
- Royal Heritage Realty Ltd.
Rooms
Features
Interior
- Other
Mortgage calculator
Estimated mortgage payment
$2,213 per month
- Principal and interest
- $2,213
- Property tax
- $215
- Condo fees
- $996
- Estimated monthly cost
- $3,424
Your mortgage
- Mortgage amount
- $399,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $264,115
Cash to close
- Down payment
- $99,980
- Land transfer tax (Ontario + Toronto)
- $12,946
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $112,926
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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