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    for rent
    26 Days on Strata
    Est Lease Timeframe:
    22 Days

    2402 - 55 Centre Ave

    Chestnut Park
    $3,300/mth
    Get price change & sold alerts
    2 Beds + 1
    1 Bath
    0 Parking
    820 SQFT

    Price History

    Property Type:
    Condo Apartment
    Possession Date:
    May 1
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    Partially
    Outdoor Space:
    None
    Ensuite Laundry:
    Yes
    Locker:
    None
    Exposure:
    South East

    Amenities

    Concierge
    Visitor Parking

    About this Listing

    Excellent location, south-east corner of University Avenue and Dundas Street West, steps to the St. Patrick subway station, within the financial district, right beside the Toronto City Hall and the Nathan Phillips Square, one block to the University of Toronto, steps to the Eaton Center, walking distance to Chinatown. Newly renovated building with new elevators, newly renovated condo with new kitchen with granite countertop, new laminate floor, new washer/dryer, and new bathroom. The den can be used as 3rd bedroom. Very bright and excellent view on the 24th floor (Total 26 floors), face south. 24-hour concierge, no swimming pool. Students are Welcome. No Smoking, No Pets.

    homelife new world realty inc.MLS® #C12885144

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Rooms

    Kitchen
    8.76 x 7.78ft
    Built-in Appliances
    Bedroom
    17 x 10.99ft
    2nd Bedroom
    14.99 x 8.99ft
    Den
    10.01 x 10.01ft
    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore Bay Street Corridor

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Building Trends At Chestnut Park

    Days on Strata

    Units at Chestnut Park spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    9.8
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    30th
    Highest price per SQFT out of 50 condos in the Bay Street Corridor area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    Chestnut Park offers the
    ?
    best value out of 50 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Chestnut Park has the
    ?
    highest ROI out of 50 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Chestnut Park yields the
    ?
    highest rent prices out of 50 condos in the Bay Street Corridor neighbourhood

    High Demand

    Chestnut Park is the
    ?
    most popular building out of 50 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at Chestnut Park

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$2,000 - $2,300$2,150 - $2,800No Data$3,300 - $3,600No Data
    Avg. Wait for Unit Availability506 Days68 Days144 DaysNo Data126 DaysNo Data
    Ratio of Units in Building3%29%35%6%27%2%

    Market Inventory

    Total number of units listed and leased in Bay Street Corridor