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    1. 55 Centre St, unit 2307 for sale - image #1
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    2307 - 55 Centre Avenue

    City Centre, Downtown, Toronto
    For SaleChestnut Park
    $599,000
    1 Bed
    1 Bath
    1 Parking
    773 SQFT
    25 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $775/sqft
    Maintenance Fees:
    $939/mth
    Taxes:
    $2,305 (2023)
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    North East
    Possession Date:
    April 30, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Unit Details

    Air Conditioning
    Other
    Heat Source
    Electric
    Heating
    Fan Coil
    Ensuite Laundry
    No

    Room Dimensions

    Kitchen
    8.99 x 13.98ft
    Living
    19 x 13.98ft
    Bedroom
    13.98 x 11.98ft

    About this Listing

    Prime Location In The Heart of The City! Spacious 1 Bedroom Condo Includes Bright Open-Concept, Walk-In Storage Closet, Mirrored Bedroom Closet Doors And 4 Four-Piece Washroom. Most of Apartment Flooring As Well As Kitchen And Washroom Have Been Upgraded In The Last 5 Years (Fan Coil units In Process of Being Replaced). Includes Common Area And Parking Spot Is Owned (Owner Pays Hydro, Hydro Not Included) (Central Air Included) (All Rooms Are Irregular Shape). Close To All Amenities: Near U of T., Metropolitan U And George Brown College. Steps To TTC: Subway, Buses And Street Cars. Minutes Walk To City Hall, Eaton Centre, Hospitals, Park & Library And Short travel to Toronto's Commercial & Financial Offices.

    royal heritage realty ltd.MLS® #C8221512

    Amenities

    Visitor Parking
    Concierge
    Indoor Parking
    Party Room
    Security System
    Bike Storage

    Nearby Amenities

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    46,209
    Average Individual Income
    $71,441
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $121,921
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    49%
    High Rise Apartment
    22%
    Semi Detached
    14%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    65%
    Other
    14%
    Mandarin
    10%
    Cantonese
    8%
    Spanish
    1%
    Tagalog
    1%
    Tamil
    1%
    Education
    University and Above
    34%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Building Trends At Chestnut Park

    Days on Strata

    Units at Chestnut Park spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    10
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    30th
    Highest price per SQFT out of 42 condos in the City Centre area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Chestnut Park offers the
    ?
    best value out of 42 condos in the City Centre neighbourhood

    Appreciation Rank

    Chestnut Park has the
    ?
    highest ROI out of 42 condos in the City Centre neighbourhood

    Rental Yield

    Chestnut Park yields the
    ?
    highest rent prices out of 42 condos in the City Centre neighbourhood

    High Demand

    Chestnut Park is the
    ?
    most popular building out of 42 condos in the City Centre neighbourhood

    Transaction Insights at 55 Centre Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$404,000 - $430,000$630,000No Data$715,000 - $800,000No Data
    Avg. Cost Per SqftNo Data$780$779No Data$689No Data
    Avg. Wait for Unit AvailabilityNo Data155 Days237 Days878 Days156 DaysNo Data
    Ratio of Units in Building3%33%32%6%27%2%

    Maintenance Fees

    Chestnut Park vs The City Centre Area

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