55 Centre Ave 2306
Bay Street Corridor, Downtown Toronto, M5G 1R4
FOR SALE
$689,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSC9387607
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Property Description
2 garage parking spots! Bright & spacious 2 bedroom corner suite in the heart of downtown Toronto! Open concept living & dining area with walk-out to tranquil solarium. Private Primary wing with 3 piece bath and large double closet. Abundant ensuite storage and sunny N/W views. Fantastic location: short walk to hospitals, St. Patrick station, located beside courthouse, Financial district, restaurants & eateries. Sunroom can be used as bedroom or family room. Freshly painted and professionally cleaned.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-01 | 2022-06-18 | 17 | $3,000 | $3,000 | Leased |
| 2021-05-01 | 2021-05-27 | 26 | $2,800 | $2,800 | Leased |
| 2020-03-02 | 2020-05-04 | 62 | $3,200 | $3,200 | Leased |
| 2019-01-07 | 2019-03-19 | 70 | $3,150 | $3,200 | Leased |
| 2018-12-03 | 2019-01-07 | 35 | $3,800 | - | Terminated |
Extras
Fridge, stove, B/I dishwasher, stacked washer/dryer, hood, ELF, window coverings, parking for 2 cars. Amenities: concierge, security guard, visitor parking.
Nearby Intersections
Property Features
Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,854 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P4/15)
Parking 2
Owned (P4/15)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 7.09' x 8.20' | W/I Closet, Double Closet, Tile Floor |
| Living | Flat | 16.14' x 22.93' | Open Concept, W/O To Sunroom, Laminate |
| Dining | Flat | 16.14' x 22.93' | Combined W/Living, Laminate |
| Kitchen | Flat | 7.09' x 8.50' | North View, Backsplash |
| Prim Bdrm | Flat | 10.27' x 11.58' | 3 Pc Ensuite, Mirrored Closet, Laminate |
| 2nd Br | Flat | 8.79' x 9.68' | Closet, Laminate |
| Solarium | Flat | 10.27' x 10.70' | Walk Through, Large Window, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Centre Ave 2306 is a 2-bedroom 2-bathroom condo listed for sale at $689,000, which is $80,663 (10.5%) lower than the average sold price of $769,663 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $10,296 (1.3%) compared to the previous 30 day period (September 1 - September 30) and down $28,538 (3.6%) from the same time one year ago.Inventory Change
There were 1,340 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 13.0% compared with the previous 30 day period (September 1 - September 30) and up 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,004) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,602 decrease compared to the previous 30 day period (September 1 - September 30) and ($16,820) less 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 1 - October 30) stood at 39.6%, up from 27.3% over the previous 30 days (September 1 - September 30) and up from 33.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Advantage Realty
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