55 Centre Ave, Unit #703
Bay Street Corridor, Toronto
$584,900
Buy with Dwelly and Save $5,849
Home Details
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Listing Description
WELCOME TO CHESTNUT PARK - DOWNTOWN TORONTO LIVING AT ITS BEST! Experience urban living redefined in the highly sought-after Chestnut Park residence, perfectly positioned in the vibrant heart of downtown Toronto. This two bedroom + den/office suite offers over 1,000 square feet of thoughtfully designed living space featuring 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 includes common elements, building insurance, heat, water, and central air conditioning - all adding to a worry-free downtown experience. Boasting a perfect Walk Score of 100, everything you could possibly need is right at your doorstep. St. Patrick Subway Station on the Yonge-University line is mere steps away, providing seamless access across the city. Walk to the Eaton Centre, Bay Street's Financial District, University of Toronto (U of T), Toronto Metropolitan University (TMU), Ontario College of Art and Design, and Toronto's world-class hospitals along University Avenue. For students, Chestnut Park offers unbeatable proximity - nestled between U of T and TMU. 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 neighbourhoods. Live where everything happens - live at Chestnut Park! (some images contain virtual staging)
All light fixtures and window coverings, Broan built-in stainless steel exhaust fan, Midea stainless steel stove, Amana built-in stainless steel dishwasher, Frigidaire stainless steel refrigerator, bathroom mirrors, stacked full-size washer and dryer, garage remote.
City: Toronto
Neighborhood: Bay Street Corridor
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Aug 29, 2025 | 54 | $599,000 | N/A | Terminated | C12371202 |
| Apr 24, 2024 | 49 | $719,000 | N/A | Terminated | C8272738 |
| Mar 19, 2024 | 36 | $729,900 | N/A | Terminated | C8155016 |
| Oct 2, 2023 | 39 | $749,900 | N/A | Terminated | C7048924 |
| Jul 21, 2021 | 3 | $2,500 | $2,700 | Leased | C5315786 |
| May 27, 2019 | 4 | $3,100 | $3,100 | Leased | C4463024 |
| Jun 9, 2014 | 17 | $2,600 | $2,600 | Leased | C2936756 |
| Apr 11, 2011 | 24 | $359,900 | $355,000 | Sold | C2079299 |
Rooms
Room dimensions for 55 Centre Ave, Unit #703, Toronto
Building Amenities
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 55 Centre Ave703 is 4351
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $584900 |
| Down Payment | $116980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $467920 |
Monthly Payment
| Mortgage Payment | $2883 |
| Property Taxes | $239 |
| Maintenance Fees | $1229 |
| Monthly Payment | $4351 |
Sold Comparables
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About 55 Centre Ave, Unit #703, Toronto
Located at 55 Centre Ave Unit #703, this Toronto condo is available for sale. This property was listed for $584,900 on Wed Oct 22 2025. This condo's size is 1000-1199 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $1,229 per month and taxes are approximately $2,866 annually. Views are to the SouthWest from this property. Step outside onto the open balcony. The property's amenities include Bike Storage, Concierge. The property includes the following rooms: Living, Dining, Kitchen, Den, Primary, Bathroom, 2nd Br, Bathroom, Laundry. This property comes with 1 parking spots. This property also comes with a locker. Heat is included with this property. 55 Centre Ave, Toronto is situated in the Bay Street Corridor neighbourhood.
MLS#: C12476339 · $584,900 · 2 bedroom condo in Bay Street Corridor, Toronto