For Sale: 1402-55 Centre Avenue, Toronto, ON - REW
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$518,000
2 + 1 bd • 1 ba • 800 - 899 sf • Apt/Condo
1402-55 Centre Avenue
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$518,000
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1402 - 55 Centre AvenueToronto, ON, M5G 2H5

Bay Street Corridor
  • 2 + 1 Bed
  • 1 Bath
  • 800 - 899 Sqft
  • Apt/Condo

About this home

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
Listed by: Vassil Staykov, Salesperson, CENTURY 21 ATRIA REALTY INC.

Home facts and features

Price details
List Price
$518,000
Get Pre-Approved
Gross Taxes for 2026
$2,547
Strata Maintenance Fees
$1,039
Home facts
Bedrooms
2 + 1
Full Bathrooms
1
Parking Spaces
1
Parking Details
Underground
Property Type
Apt/Condo
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Features
Ensuite
Amenities
Building Insurance Included, CAC Included, Common Elements Included
Community
Agent details
Primary Agent
Vassil Staykov
Primary Broker
CENTURY 21 ATRIA REALTY INC.
Listing details
Days on REW
18 Days
Property Views
13
MLS® Number
C13517504
Source
Toronto Real Estate Board
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Building Information

Chestnut Place Condos, Apt/Condo in Bay Street Corridor
Units:
n/a
Floors:
26
Built in:
1989
Active Listings:
2

Mortgage Calculator

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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Orde Street Public School
  • Public
  • JK - 8
Cornerstone Montessori Prep School - Toronto
  • Private
  • PS - 12
Heydon Park Secondary School
  • Public
  • 9 - 12
Youthdale Schools
  • Private
  • 1 - 12
Ronald McDonald House Charities Toronto
  • Private
  • JK - 12
St Michael's Choir Junior School
  • Catholic
  • 1 - 8
Beverley School
  • Public
  • JK - 8
Subway Academy II
  • Public
  • 9 - 12
St Michael's Choir Senior School
  • Catholic
  • 9 - 12
Abelard Centre for Education
  • Private
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-20.
Call Agent
Salesperson
Vassil Staykov
Phone:
416-738-5012
Office:
905-883-1988
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.