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For saleMLS® C13849934

55 Centre Avenue 2304, Toronto, ON M5G 2H5

Bay Street Corridor · C01 · M5G 2H5

$349,900

+ $676/mo maintenance$700 / sq ft

1 months on market

Bedrooms
1+1
Bathrooms
1
Interior
500 sf

What's special

  • Underground parking
  • West exposure
  • Central air
  • Pets with restrictions
  • Heat, Water, Common elements included
  • Carpet free
  • Primary bedroom - main floor
  • Separate heating controls

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About this property

**An Affordable Opportunity In The Heart Of Downtown Toronto!** Welcome to 55 Centre Ave #2304, where downtown ownership is within reach. Located in the sought-after Bay Street Corridor, this approximately 589 sq. ft. suite offers a functional layout with hardwood floors, bright bedrooms with a large bay window, good size living area, a separate dining area, galley kitchen, 4-piece bath and in-suite laundry. Currently configured with two compact bedrooms, the flexible layout offers options to suit your needs, whether you're looking for a downtown home, a work-from-home setup or an investment opportunity. Prefer a more open feel? Remove the existing partition wall to create a more spacious one-bedroom layout. An unbeatable central location just steps to St. Patrick subway station, U of T, Toronto Metropolitan University, the Financial District, major hospitals, Chinatown, Eaton Centre, restaurants and everyday conveniences. Enjoy the best of downtown living with the freedom to make the space your own. A great opportunity for first-time buyers and investors alike!

Rooms

6 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain1.57 × 2.45 m5.2 × 8.0 ftCeramic Floor · B/I Dishwasher
Dining RoomMain1.75 × 2.38 m5.7 × 7.8 ftCombined w/Living · Hardwood Floor
Living RoomMain3.01 × 2.99 m9.9 × 9.8 ftHardwood Floor · Combined w/Dining
Primary BedroomMain2.22 × 3.32 m7.3 × 10.9 ftLarge Window · Hardwood Floor
Bedroom 2Main2.42 × 2.85 m7.9 × 9.4 ftLarge Window · Closet
BathroomMain1.56 × 2.50 m5.1 × 8.2 ftCeramic Floor · 4 Pc Bath

Features

  • Carpet Free
  • Primary Bedroom - Main Floor
  • Separate Heating Controls
  • Separate Hydro Meter

Building amenities

  • Party Room/Meeting Room
  • Rooftop Deck/Garden

Property details

Property

Property type
condo apartment
Bedrooms
1 + 1
Bathrooms
1
Interior size
500 sq ft
Possession
Flexible

Interior

Heating
Fan Coil · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Concrete
Garage
Underground

Condominium

Corporation
868 MTCC
Property manager
Brilliant Property Management 416-341-0005
Pets
Yes-with Restrictions
Fee includes
Heat Included, Water Included, Common Elements Included, Building Insurance Included

Costs

List price
$349,900
Property taxes
$2,010 / year (2026)
Maintenance fee
$676 / month
Price per sq ft
$700

Listing

MLS® number
C13849934
Status
For sale
Listed
October 1, 2026
Days on market
34
Last updated
October 28, 2026
Listing brokerage
KELLER WILLIAMS PORTFOLIO REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 1% of comparable condo apartment listings in Bay Street Corridor are asking less.

$473KMedian $658K$1.33M
This home
$700 / sq ft
Comparable median
$978 / sq ft

Based on 95 comparable active condo apartment listings in Bay Street Corridor. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $17,495
$17,495
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,837.92
Property tax (est.)
$167.53
Maintenance fee
$676.36
Estimated monthly
$2,682

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$3,724
Toronto municipal
$3,724
Total due on closing
$7,447

An estimate on the asking price of $349,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of KELLER WILLIAMS PORTFOLIO REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$349,900

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