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2304 - 55 CENTRE AVENUE, Toronto (Bay Street Corridor) — listed at $369,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
**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! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 1.57 x 2.45 meters |
| Dining room | Main level | 1.75 x 2.38 meters |
| Living room | Main level | 3.01 x 2.99 meters |
| Primary Bedroom | Main level | 2.22 x 3.32 meters |
| Bedroom 2 | Main level | 2.42 x 2.85 meters |
| Bathroom | Main level | 1.56 x 2.5 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,010.35, a condo/maintenance fee of $676.36/mo, heating is natural gas, coil fan. Always verify the latest figures with your agent before making an offer — these change yearly.
Who is 2304 - 55 CENTRE AVENUE best suited for?+
With 2 bedrooms and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Is this a good starter home?+
At $369,000, this is priced in starter-home territory for Toronto (Bay Street Corridor). With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What do the condo/maintenance fees cover?+
The $676.36/mo fee covers: Common Area Maintenance, Heat, Water, Insurance.
What's the parking situation?+
This property includes 0 spaces — Garage, Underground.
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