$599,000Asking Price
55 Centre Avenue 703, Toronto C01, ON M5G 2H5 #703
Bay Street Corridor, Toronto
DOWNTOWN TORONTO LIVING AT ITS BEST - WELCOME TO CHESTNUT PARK! Discover unbeatable urban convenience in the highly sought-after Chestnut Park residence, perfect situated in the vibrant heart of downtown Toronto. This two bedroom + den/office suite offers over 1,000 square feet of well-designed living space, complete with two full bathrooms, in-suite laundry, and a spacious open concept layout - ideal for professionals, families, or investors seeking the ultimate city lifestyle. Your monthly condo fee of $1,228.83 covers common elements, building insurance, heat, water, and central air conditioning. With a perfect Walk Score of 100, everything you need is right at your doorstep. St. Patrick Subway Station on the Yonge-University line is just steps away, ensuring seamless transit access. Walk to the Eaton Centre, Bay Street's Financial District, University of Toronto, Toronto Metropolitan University (TMU), Ontario College of Art and Design, and Toronto's world-class hospitals along University Avenue. For students, Chestnut Park is unmatched - perfectly positioned between the University of Toronto and Ryerson University. For culture lovers, the Art Gallery of Ontario (AGO), Chinatown, Nathan Phillips Square, and City Hall are all within easy reach. This is a rare opportunity to own in one of downtown Toronto's most connected and dynamic locations. Live where everything happens - live at Chestnut Park! (some images contain virtual staging)
DOWNTOWN TORONTO LIVING AT ITS BEST - WELCOME TO CHESTNUT PARK! Discover unbeatable urban convenience in the highly sought-after Chestnut Park residence, perfect situated in the vibrant heart of downtown Toronto. This two bedroom + den/office suite offers over 1,000 square feet of well-designed living space, complete with two full bathrooms, in-suite laundry, and a spacious open concept layout - ideal for professionals, families, or investors seeking the ultimate city lifestyle. Your monthly condo fee of $1,228.83 covers common elements, building insurance, heat, water, and central air conditioning. With a perfect Walk Score of 100, everything you need is right at your doorstep. St. Patrick Subway Station on the Yonge-University line is just steps away, ensuring seamless transit access. Walk to the Eaton Centre, Bay Street's Financial District, University of Toronto, Toronto Metropolitan University (TMU), Ontario College of Art and Design, and Toronto's world-class hospitals along University Avenue. For students, Chestnut Park is unmatched - perfectly positioned between the University of Toronto and Ryerson University. For culture lovers, the Art Gallery of Ontario (AGO), Chinatown, Nathan Phillips Square, and City Hall are all within easy reach. This is a rare opportunity to own in one of downtown Toronto's most connected and dynamic locations. Live where everything happens - live at Chestnut Park! (some images contain virtual staging)
See MoreKey Info
- Other Condo
- 1 Parking
- University Avenue and Dundas Street West
- 1000-1199 Approximate Sq Feet
- 31-50 Years Approximate Age
- South-West Exposure
- No Balcony
- Ensuite Laundry
- No Locker
- Forced Air Gas Heating
- Central Air
Property
- $1,228 Monthly Condo Fees
- Includes: Heat, Water, Central A/C, Common Elements, Building Insurance.
- Excludes: Hydro, Cable TV, Parking
- Amenities: Concierge
- Taxes were $2,031 in 2024
- Possession: To Be Arranged
Details
- Elevator
- Brick/Concrete Exterior
- No Fireplace
- 1 Kitchen
- Designation: Accessibility
- Condo Corporation #868
- Condo Registry Office: MTCP No.
- MLS #C12371202
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 7.91' x 10.33' | Tile Floor, Stainless Steel Appliances, Granite Counters |
| 2 | Den | Main | 10.60' x 10.50' | Laminate, Window Floor to Ceiling |
| 3 | Bathroom | Main | 10.50' x 4.92' | 4-PieceEnsuite, Tile Floor |
| 4 | Bathroom | Main | 8.07' x 5.51' | 3-PieceBath, Tile Floor |
| 5 | Laundry | Main | Tile Floor | |
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom on Main Floor | |||
How Far is Too Far?
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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.
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.
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
8.8% from China
All-time
Birthplace - Recent
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.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
