1402-55 Centre Avenue, Toronto, ON

Toronto, Central Toronto , Bay Street Corridor Hood
Dundas St & University Ave
2+1 Br | 1 Bath | 800-899 Sqft
$518,000 For Sale

Property Overview

  • Condo Apartment — Apartment
  • SqFt: | 800-899 Sqft
  • Monthly Fee: $1,039/mo
  • Fee Includes: Heat Included, CAC Included, Common Elements Included, Parking Included, Water Included, Building Insurance Included
  • Exposure: South
  • Balcony: None
  • Locker: Owned
  • Ensuite Laundry: No
  • Age: n/a
  • Taxes: 2,547 / 2026
  • MLS #: C13517504
  • Heat Source: Gas , Forced Air

Property Description

Rare turnkey investment opportunity in the heart of downtown Toronto! Professionally converted with city-approved permits and renovations from a spacious 1+Den into a highly functional 3-room furnished rental, ideally suited for students attending U of T, Toronto Metropolitan University, and nearby hospitals. Recent upgrades include new flooring, fresh paint, partition walls, an additional bedroom, and upgraded smoke detectors.

Bright corner suite with over 800 sq. ft., large windows, generous storage, 1 underground parking space, and maintenance fees include all utilities except hydro. Steps to University Avenue, Dundas Street, Eaton Centre, TTC, hospitals, restaurants, and countless downtown amenities.

Excellent income potential-contact the listing agent for rental history and projections and investment details.

Parking Spot, All Window Coverings, All Elfs, Fridge, Stove, Dishwasher, Washer & Dryer.

Property Details

  • For: For Sale
  • Type: Condo Apartment
  • Style: Apartment
  • Region: Toronto
  • Hood: Bay Street Corridor
  • Pets Allowed: Yes-with Restrictions

Building Details

  • Condo Corp #: 868
  • Association: MTCC
  • Management: Chestnut Park Management 416-341-0005
  • Age: n/a
  • Exterior: Brick
  • Heat: Gas , Forced Air
  • A/C: Central Air
  • Total Parking: 1.00
  • Parking Features: Underground
  • Locker: Owned

Property Interior

  • Sqft: 800-899 Sqft
  • Bed: 2 +1
  • Bath: 1
  • Kitchen: 1
  • Ensuite Laundry: No
  • Interior Features: Carpet Free
Rooms Details

Foyer

Main Level

2.54 x 1.98

Large Closet, Tile Floor

Kitchen

Main Level

2.59 x 1.75

B/I Appliances, Galley Kitchen, Tile Floor

Living Room

Main Level

4.88 x 4.42

Laminate

Primary Bedroom

Main Level

4.42 x 3.51

Large Closet, Bay Window

Bedroom 2

Main Level

4.57 x 3.51

Large Window

Den

Main Level

4.1 x 3.2

Large Window

Property Listed by: CENTURY 21 ATRIA REALTY INC.
Virtual Tour: n/a

Home Valuation Estimate

What is 1402-55 Centre Avenue, Toronto, ON worth in today’s Bay Street Corridor, Central Toronto condo market?

This HomeZira valuation preview helps buyers and sellers review the asking price for this 2-bedroom Condo Apartment with 800-899 sq. ft. in Bay Street Corridor, Central Toronto. The full estimate considers the condo’s location, property type, bedroom count, size range, building age, maintenance fee, and nearby comparable market activity after sign-in.

Condo-specific estimate See a valuation range built around this unit’s local condo profile.
Comparable condo context Review how similar nearby condo units help frame market value.
Fee and building factors Consider size, age, bedroom count, parking, locker, and maintenance-fee context.

This listing shows a $1,039/mo maintenance fee, which can be an important part of condo value comparison because monthly costs affect affordability and buyer demand.

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Location

  • Address: 1402-55 Centre Avenue
  • Neighborhood: Bay Street Corridor
  • Zip/Postal Code: M5G 2H5
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*Monthly total = monthlyized mortgage payment + taxes/12 + condo fee.

About 1402-55 Centre Avenue, Central Toronto

Located at 1402-55 Centre Avenue, Toronto, ON in Bay Street Corridor (Central Toronto), near Dundas St & University Ave, this condo offers a balanced mix of comfort and day-to-day practicality. Inside, you’ll find Condo Apartment, 2 bedrooms, 1 bathroom and approximately 800-899 sq.ft. of interior space. South exposure for consistent daylight, with an none balcony that extends the living space outdoors. Everyday convenience includes 1 underground parking spot, an owned locker and ensuite laundry: No. The condominium budget is straightforward, with monthly fees of $1,039/mo and coverage for Heat Included, CAC Included, Common Elements Included, Parking Included, Water Included, Building Insurance Included. The building is TSCC #868 and Chestnut Park Management 416-341-0005 managing the property. It is currently listed at $518,000. MLS® C13517504.

Condo FAQs for 1402-55 Centre Avenue, Toronto, ON , Bay Street Corridor , Central Toronto

What are the listing details for 1402-55 Centre Avenue, Toronto, ON?
1402-55 Centre Avenue, Toronto, ON is a Condo Apartment for sale in Central Toronto, in the Bay Street Corridor neighbourhood, Toronto. The current list price is $518,000. MLS number: C13517504.
How many bedrooms and bathrooms does this condo have?
1402-55 Centre Avenue, Toronto, ON is listed as a Condo Apartment with a ["Apartment"] style, featuring 2+1 bedroom(s) and 1 bathroom(s). The listed interior size range is 800-899 sq. ft..
What is the monthly condo fee for this listing?
The listed monthly maintenance fee is $1,039/mo. The listing shows the fee includes: ["Heat Included","CAC Included","Common Elements Included","Parking Included","Water Included","Building Insurance Included"].
What parking, locker, balcony, and exposure details are shown?
Total parking is listed as 1 space(s). Locker is listed as: Owned. Balcony type is listed as: None. Exposure is listed as: South.
What building or condo corporation details are listed?
Condo corporation number: 868. Property management company: Chestnut Park Management 416-341-0005.
Where is this condo located?
1402-55 Centre Avenue, Toronto, ON is located in the Bay Street Corridor neighbourhood of Central Toronto. The listed cross street is Dundas St & University Ave. Annual taxes are listed as $2,547 / 2026. The public listing page shows active listing information only and does not include sold prices in this FAQ.

FAQ content is based on current active condo listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.