$369,000
Est. payment $1,634/moCalculate yours
55 Centre Avenue 2304, Toronto, ON M5G 2H5
Bay Street Corridor, Toronto, ON M5G 2H5
- 1 + 1 Beds
- 1 Baths
- 500 Sq Ft
Listing courtesy of KELLER WILLIAMS PORTFOLIO REALTY MLS® C13849934
About this home
**An Affordable Opportunity In The Heart Of Downtown Toronto!** Welcome to 55 Centre Ave #2304, where downtown ownership is within reach. Located in the sought-after Bay Street Corridor, this approximately 589 sq. ft. suite offers a functional layout with hardwood floors, bright bedrooms with a large bay window, good size living area, a separate dining area, galley kitchen, 4-piece bath and in-suite laundry. Currently configured with two compact bedrooms, the flexible layout offers options to suit your needs, whether you’re looking for a downtown home, a work-from-home setup or an investment opportunity. Prefer a more open feel? Remove the existing partition wall to create a more spacious one-bedroom layout. An unbeatable central location just steps to St. Patrick subway station, U of T, Toronto Metropolitan University, the Financial District, major hospitals, Chinatown, Eaton Centre, restaurants and everyday conveniences. Enjoy the best of downtown living with the freedom to make the space your own. A great opportunity for first-time buyers and investors alike!
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Size
- 500 sqft
Interior
- Bedrooms
- 1 + 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Fan Coil (Gas)
- Cooling
- Central Air
- Exterior
- Concrete
- Foundation
- Unknown
- Roof
- Unknown
Lot & Parking
- Parking
- Underground garage
Financial
- Property Taxes
- $2,010 (2026)
- Condo Fee
- $676/mo
- Fee Includes
- Heat Included, Water Included, Common Elements Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Bay Street Corridor
- Cross Street
- University Ave and Dundas St West
Listing
- MLS® Number
- C13849934
- Days on Market
- 17
- Listed On
- 2026-10-01
- Possession
- Flexible
- Listed By
- KELLER WILLIAMS PORTFOLIO REALTY
Rooms
Features
Interior
- Carpet Free
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Separate Hydro Meter
Property
- Hospital
- Library
- Place Of Worship
- Public Transit
- School
Amenities
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Included
- Existing appliances: Fridge, Stove, Range Fan, Dishwasher, Washer, Dryer. Electric Light Fixtures, Wall cabinet in main bedroom. Window Coverings. Existing Furniture can be included at no extra cost on request.
- Excluded
- None
Mortgage calculator
Estimated mortgage payment
$1,634 per month
- Principal and interest
- $1,634
- Property tax
- $168
- Condo fees
- $676
- Estimated monthly cost
- $2,478
Your mortgage
- Mortgage amount
- $295,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $194,956
Cash to close
- Down payment
- $73,800
- Land transfer tax (Ontario + Toronto)
- $8,020
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $81,820
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
This photo could not be loaded.