55 Centre Avenue, Toronto, ON
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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 $534,900 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 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautifully renovated and impeccably styled, this oversized one-bedroom plus solarium offers sophisticated urban living in the heart of downtown. The open-concept living and dining area flows effortlessly into the bright solarium, featuring floor-to-ceiling windows and rich hardwood floors-perfect for a home office, reading nook or 2nd bedroom. The custom-designed modern kitchen impresses with quartz countertops, full-size stainless steel appliances, a built-in microwave, and abundant cabinetry and workspace. The spacious primary bedroom includes a walk-in closet with custom organizers and a striking bay window framed by floor-to-ceiling glass and hardwood flooring. The sleek, updated bathroom features a walk-in tiled shower with a built-in bench and a custom mirrored vanity. With all-inclusive maintenance fees (excluding hydro), this suite is the perfect blend of comfort and convenience. Ideally situated at University and Dundas, you're steps to Public Transportation, the Eaton Centre, Hospital Row, U of T, Toronto Metropolitan University, and an array of shops, cafes, and restaurants-everything downtown living has to offer.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Centre Avenue 2007, Toronto C01, ON M5G 2H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $534,900 in Toronto, the legal minimum down payment is $28,490 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 $7,173 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,173 also applies, bringing the total estimated land transfer taxes to $14,346.
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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.
