55 Centre Avenue, Toronto, ON
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This property has been sold, leased, or taken off the market. You can view similar active listings below.
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautiful, spacious corner apartment with OVER 800sqft of BRIGHT and open living space. Plenty of high windows for maximum sunlight and endless closets for storage; solarium/den makes for a beautiful home office! Sophisticated, brand 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! **EXTRAS** 1 underground parking spot is included with this condo. Maintenance Fees Include all utilities except hydro!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Library, Park, Place Of Worship, Rec./Commun.Centre
Interior Features
Other
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Centre Avenue 1402, Toronto C01, ON M5G 2H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
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About Purchasing a Home in Toronto, ON
For a property listed at $499,999 in Toronto, the legal minimum down payment is $25,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,475 also applies, bringing the total estimated land transfer taxes to $12,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
