New
16
$539,000
+$722/mo fees1 King Street 806, Toronto, ON M5H 1A1
Bay Street Corridor · C01
1 bd
1 ba
499 sf
Listed todayMLS® C14150570
Listing courtesy of FOREST HILL REAL ESTATE INC.
1 / 8
For saleMLS® C13859328
55 Centre Avenue 2307, Toronto, ON M5G 2H5
Bay Street Corridor · C01 · M5G 2H5
$499,900
+ $996/mo maintenance$714 / sq ft1 months on market
- Bedrooms
- 1
- Bathrooms
- 1
- Interior
- 700 sf
- Parking
- 1
What's special
- Underground parking
- North east exposure
- Central air
- Pets with restrictions
- Water, Common elements, Building insurance included
About this property
Prime Location in the Heart of the City! Spacious 1-bedroom condo featuring a bright, open-concept layout, walk-in storage closet, mirrored bedroom closet doors, and a 4-piece washroom. Most of the flooring, as well as the kitchen and washroom, have been upgraded within the last 5 years. Fan coil units have been replaced. Includes a common area, community room, outdoor community space, and an owned parking spot. Owner pays hydro (hydro is not included). Central air included. All rooms are irregularly shaped. Pets permitted. Close to all amenities and just minutes from U of T, Metropolitan University, and George Brown College. Steps to TTC subway, buses, and streetcars. Walking distance to City Hall, Eaton Centre, hospitals, parks, and the library, with easy access to Toronto's commercial and financial districts.
Rooms
3 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Kitchen | Main | 2.74 × 4.26 m9.0 × 14.0 ft | — |
| Living Room | Main | 5.79 × 4.26 m19.0 × 14.0 ft | — |
| Bedroom | Main | 4.26 × 3.65 m14.0 × 12.0 ft | — |
Features
- Other
Property details
Property
- Property type
- condo apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Interior size
- 700 sq ft
- Possession
- Nov 20, 2026
Interior
- Heating
- Fan Coil · Electric
- Cooling
- Central Air
- Exposure
- North East
Exterior & services
- Construction
- Brick
- Garage
- Underground
- Parking spaces
- 1
Condominium
- Corporation
- 868 66
- Property manager
- Brillian Property Management Inc.
- Pets
- Yes-with Restrictions
- Fee includes
- Water Included, Common Elements Included, Building Insurance Included, Parking Included
Costs
- List price
- $499,900
- Property taxes
- $2,576 / year (2026)
- Maintenance fee
- $996 / month
- Price per sq ft
- $714
Listing
- MLS® number
- C13859328
- Status
- For sale
- Listed
- October 4, 2026
- Days on market
- 32
- Last updated
- October 14, 2026
- Listing brokerage
- Royal Heritage Realty Ltd.
Price & sale history
This property's sale history is hidden
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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 22% of comparable condo apartment listings in Bay Street Corridor are asking less.
$468KMedian $658K$1.33M
- This home
- $714 / 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 $24,995
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $2,625.83
- Property tax (est.)
- $214.68
- Maintenance fee
- $995.64
- Estimated monthly
- $3,836
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
- $6,473
- Toronto municipal
- $6,473
- Total due on closing
- $12,946
An estimate on the asking price of $499,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Royal Heritage Realty Ltd.. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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