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$719,900Asking Price

55 Centre Avenue 2206, Toronto C01, ON M5G 2H5 #2206

Bay Street Corridor, Toronto

Condo
3 + 1
Bedrooms
2
Baths
1
Parking
Days on Market

Welcome to this spacious 3 bedroom + den corner unit in the heart of Downtown Toronto. This prime location offers exceptional value - ideal for first-time buyers, couples or families looking to own rather than rent. It's also a fantastic turnkey investment opportunity, perfectly suited for young professionals or students. The 3rd bedroom was constructed as part of an earlier renovation to the property. Featuring a modern IKEA kitchen with butcher block countertops, white ceramic backsplash, stainless steel refrigerator and stove, plus a dishwasher. Luxury vinyl flooring flows throughout, complemented by the convenience of ensuite laundry. The generous primary bedroom boasts a 4-piece ensuite and a large closet. Water, heat, A/C and parking included. Enjoy 24-hour concierge service and a perfect 100 Walk Score! Just steps to St. Patrick Subway, World Renowned Hospital Row, AGO, OCAD, UofT, TMU, Dental School, Eaton Centre, Nathan Phillips Square, City Hall, Chinatown, and the Financial District.

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Tour this home:

Welcome to this spacious 3 bedroom + den corner unit in the heart of Downtown Toronto. This prime location offers exceptional value - ideal for first-time buyers, couples or families looking to own rather than rent. It's also a fantastic turnkey investment opportunity, perfectly suited for young professionals or students. The 3rd bedroom was constructed as part of an earlier renovation to the property. Featuring a modern IKEA kitchen with butcher block countertops, white ceramic backsplash, stainless steel refrigerator and stove, plus a dishwasher. Luxury vinyl flooring flows throughout, complemented by the convenience of ensuite laundry. The generous primary bedroom boasts a 4-piece ensuite and a large closet. Water, heat, A/C and parking included. Enjoy 24-hour concierge service and a perfect 100 Walk Score! Just steps to St. Patrick Subway, World Renowned Hospital Row, AGO, OCAD, UofT, TMU, Dental School, Eaton Centre, Nathan Phillips Square, City Hall, Chinatown, and the Financial District.

Key Info

  • Apartment Condo
  • 1 Parking
  • University & Dundas
  • 1000-1199 Approximate Sq Feet
  • North-West Exposure
  • No Balcony
  • No Ensuite Laundry
  • No Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $1,302 Monthly Condo Fees
  • Includes: Heat, Water, Central A/C, Common Elements, Building Insurance, Parking.
  • Excludes: Hydro, Cable TV
  • Amenities: Concierge, Visitor Parking
  • Taxes were $2,842 in 2025
  • Possession: Immediate

Details

  • Brick Front Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #868
  • Condo Registry Office: MTCC
  • MLS #C12341999
  • RE/MAX ULTIMATE REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Flat 8.04' x 10.66' Updated, Vinyl Floor
2 Foyer Flat 8.30' x 7.22' Closet, Vinyl Floor, 3-PieceBath
Washroom1 4-Piece Bathroom in Flat
Washroom1 3-Piece Bathroom in Flat

Who lives here?

Bay Street Corridor, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads and business, science, health and education, law & public sector professionals. It has a higher than average population of immigrants from China, and Arabic and Mandarin speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.

Families

Kids Per Family

0.6

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

62% of residents are
single and loving it.

62% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

68% of residents
are renters.

68% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

78% of residents are
university grads.

78% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$99K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Government 13%
Business 12%
Sciences 9%
Sales 9%
Health 8%

Immigrants

42% of residents were
born outside of Canada.

42% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 8.8% of immigrants.
India 3.1%
South Korea 3.1%
Iran 2.0%
Taiwan 1.7%

8.8% from China
All-time

Birthplace - Recent

China was once home to 3.6% of immigrants.
India 1.2%
Iran 0.9%
Pakistan 0.6%
USA 0.5%

3.6% from China
Recent

Foreign Languages

Foreign Languages

Mandarin 15%
Arabic 5%
Cantonese 5%
Korean 4%
Persian 3%

Religions

Religions

Christian 38%
Muslim 10%
Jewish 4%
Hindu 4%
Buddhist 4%

Social Housing

Social Housing Buildings

3

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)