55 Centre Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $513,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
The Beautifully Renovated Oversized One-bedroom plus Solarium suite offers sophisticated urban living at its finest.Freshly painted and move-in ready, the Expansive Open-concept Living and Dining area flows seamlessly into a bright solarium featuring floor-to-ceiling windows and laminate flooring - perfect as a Home Office, Reading Nook, or potential Second Bedroom.The newly renovated condo features a brand-new bathroom, new laminate flooring, and fresh paint throughout. The building itself has also been recently upgraded with newly renovated elevators, adding to the convenience and appeal of this well-maintained residence. Situated at the corner of University Avenue and Dundas Street, this exceptional home is just steps from public transit, the Eaton Centre, Hospital Row, U of T, Toronto Metropolitan University, and an endless selection of shops, cafés, and restaurants - offering the very best of downtown living.
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Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, School
Interior Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Centre Avenue 1702, Toronto C01, ON M5G 2H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $513,999 in Toronto, the legal minimum down payment is $26,400 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,755 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,755 also applies, bringing the total estimated land transfer taxes to $13,510.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
