55 Centre Ave 1402
Bay Street Corridor, Downtown Toronto, M5G 2H5
FOR SALE
$589,999
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
Welcome to Chestnut Park! 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! Beautiful, spacious corner apartment with plenty of sunlight; solarium makes for a beautiful home office. 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 |
|---|---|---|---|---|---|
| 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 $589,999, which is $20,763 (3.6%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Connect Realty
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