| Water Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |








2307 - 55 Centre Avenue
Bay Street Corridor, Toronto
$499,900
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.
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| Type | Condo Apartment |
| Style | Multi-Level |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $996 |
| Locker | None |
| Balcony | None |
| Exposure | North East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,576 |
| mls© Number | C13859328 |
| Listed By | Royal Heritage Realty Ltd. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,559
- Property tax
- $215
- Heat allowance
- $150
- Condo fees, half counted
- $498
- Housing costs
- $3,421 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$105,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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