Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 17 days on market

$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

Room Level Dimensions
Bedroom 2 Main 7′ 11″ × 9′ 4″
Primary Bedroom Main 7′ 3″ × 10′ 11″
Living Room Main 9′ 11″ × 9′ 10″
Dining Room Main 5′ 9″ × 7′ 10″
Kitchen Main 5′ 2″ × 8′ 0″
Bathroom Main 5′ 1″ × 8′ 2″

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

Minimum for this price: $18,450 (5%)

Amortization, years

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
Total, before legal fees
$81,820
Talk to me about financing

Estimates 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

55 Centre Avenue 2304, Toronto, ON M5G 2H5 Bay Street Corridor, Toronto, ON M5G 2H5
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$369,000 55 Centre Avenue 2304, Toronto, ON M5G 2H5
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