Welcome to this remarkable 1 Storey/Apt 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 $3,400 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.
Live at the centre of everything Toronto has to offer. This well-maintained, furnished corner unit offers 2 bedrooms + a den with door, 2 bathrooms, and a bright solarium.The open-concept layout features laminate flooring throughout and a decent sized kitchen. The primary bedroom includes its own closet and 3-piece ensuite. Ensuite laundry and extra storage in the laundry room. Plenty of additional storage in the front area. The building also has wonderful security staff available 24/7. With a near perfect walking score, you step outside and you're 2 minutes from St. Patrick Subway Station (Yonge-University Line), walking distance to the Eaton Centre, Financial District, City Hall, Nathan Phillips Square, Chinatown, Yonge-Dundas Square, and Toronto's world-class hospital network. OCAD, U of T, and TMU are all within reach.Furnished, flexible, and in an unbeatable location - this is downtown Toronto living without compromise.
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 55 Centre Avenue 1506, Toronto C01, ON M5G 2H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $3,400 in Toronto, the legal minimum down payment is $170 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 $17 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17 also applies, bringing the total estimated land transfer taxes to $34.
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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.