| Heat Included | |
| Water Included | |
| Common Elements Included | |
| Building Insurance Included |





















2304 - 55 Centre Avenue
Bay Street Corridor, Toronto
$369,000
**An Affordable Opportunity In The Heart Of Downtown Toronto!** Welcome to 55 Centre Ave #2304, where downtown ownership is within reach. Located in the sought-after Bay Street Corridor, this approximately 589 sq. ft. suite offers a functional layout with hardwood floors, bright bedrooms with a large bay window, good size living area, a separate dining area, galley kitchen, 4-piece bath and in-suite laundry. Currently configured with two compact bedrooms, the flexible layout offers options to suit your needs, whether you're looking for a downtown home, a work-from-home setup or an investment opportunity. Prefer a more open feel? Remove the existing partition wall to create a more spacious one-bedroom layout. An unbeatable central location just steps to St. Patrick subway station, U of T, Toronto Metropolitan University, the Financial District, major hospitals, Chinatown, Eaton Centre, restaurants and everyday conveniences. Enjoy the best of downtown living with the freedom to make the space your own. A great opportunity for first-time buyers and investors alike!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 31-50 |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $676 |
| Locker | None |
| Balcony | None |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,010 |
| mls© Number | C13849934 |
| Listed By | KELLER WILLIAMS PORTFOLIO REALTY |
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%
- $1,889
- Property tax
- $168
- Heat allowance
- $150
- Condo fees, half counted
- $338
- Housing costs
- $2,544 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$78,000
gross annual household income
- Payment at 4%
- $1,553 / mo
- Cash down
- $73,800
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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