55 Centre Ave Ave 2001
Bay Street Corridor, Downtown Toronto, M5G 2H5
FOR SALE
$399,880
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Property Description
Location, Location, Location! Enjoy This One Of A Kind, Bright & Spacious 1 Bdrm Unit w/ A Custom Layout In The Heart Of The Downtown Core! Approx 550 Sq Ft In The Sought After Chestnut Park Residence. Boasting An Expanded Kitchen Area w/ Potlights, S/s Appliances, Renovated Kitchen Cabinets, Backsplash, Expanded Living Room Space & Custom Bathroom Entrance! Surrounded By Amenities & Cultural Hubs, Located Near The Eaton Centre, Financial District, UofT, OCAD, Mt Sinai Hospital, TTC, Toronto Metropolitan University & So Much More.Dont Miss Out On This Opportunity!
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Extras
Jacuzzi Tub
Nearby Intersections
University & Dundas (52)
Property Features
Arts Centre, Hospital, Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,853 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.17' x 18.73' | Combined W/Dining, Laminate |
| Dining | Flat | 10.17' x 18.73' | Combined W/Living, Laminate |
| Kitchen | Flat | 5.31' x 8.01' | Ceramic Floor, Galley Kitchen |
| Prim Bdrm | Flat | 8.53' x 11.09' | Laminate |
| Solarium | Flat | 7.05' x 7.22' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Centre Ave Ave 2001 is a 1-bedroom 1-bathroom condo listed for sale at $399,880, which is $166,684 (29.4%) lower than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Referred Urban Realty
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