55 Centre Ave 1402
Bay Street Corridor, Downtown Toronto, M5G 2H5
FOR SALE
$579,999
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC11432896
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Property Description
Beautiful, spacious corner apartment with plenty of high windows for maximum sunlight and endless closets for storage; solarium makes for a beautiful home office! Beautiful new zebra blinds included. Incredible location in the heart of downtown Toronto; short walk to Eaton Centre, Toronto City Hall, Nathan Phillips Square, University, Hospitals, Art Galleries, Endless restaurants & more! Truly well maintained building with security, underground parking; clean and quiet. Your home search (and commute) ends here; this beauty is priced to sell!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-11 | 2024-11-28 | 48 | $589,999 | - | Terminated |
| 2022-09-29 | 2022-10-01 | 4 | $2,350 | $2,550 | Leased |
| 2021-09-27 | 2021-10-07 | 15 | $2,150 | $2,150 | Leased |
Extras
Maintenance Fees Include all utilities except Hydro! Available to purchase as fully furnished (Inquire for Pricing)
Nearby Intersections
Property Features
Arts Centre, Hospital, Library, Park, Place Of Worship, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,736 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 6.50' x 8.33' | Large Closet, Tile Floor |
| Kitchen | Flat | 5.74' x 8.50' | B/I Appliances, Galley Kitchen, Tile Floor |
| Living | Flat | 14.50' x 16.01' | Combined W/Dining, Window Flr to Ceil, Laminate |
| Solarium | Flat | 9.84' x 10.83' | Window Flr to Ceil, Laminate, Combined W/Living |
| Prim Bdrm | Flat | 11.42' x 14.99' | Large Closet, Bay Window, Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Centre Ave 1402 is a 1-bedroom 1-bathroom condo listed for sale at $579,999, which is $10,872 (1.9%) higher than the average sold price of $569,127 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,248 (0.2%) compared to the previous 30 day period (October 4 - November 2) and down $19,913 (3.4%) from the same time one year ago.Inventory Change
There were 1,076 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 3 - December 2), which is down 14.5% compared with the previous 30 day period (October 4 - November 2) and down 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,738) (1.9%) below asking price over the last 30 days (November 3 - December 2), which represents a $2,018 increase compared to the previous 30 day period (October 4 - November 2) and ($15,559) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (November 3 - December 2) stood at 54.0%, up from 46.0% over the previous 30 days (October 4 - November 2) and up from 35.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 30 days when successfully sold over the last 30 days (November 3 - December 2), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Connect Realty
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