43.6546° N · 79.3867° W — Bay Street Corridor, Toronto — MLS® #C13849934
2304-55 Centre Ave
$349,900
Bay Street Corridor, Toronto, Ontario M5G 2H5
- 1+1
- BedroomsBeds
- 1
- BathroomsBaths
- 500-599 sqft500-599
- SizeSq ft
Inquire about this listing
In short · from the listing record
2304-55 Centre Ave is a 1+1-bedroom, 1-bathroom condo in Bay Street Corridor, Toronto, listed for sale at an asking price of $349,900 (MLS® C13849934).
**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!
Listing readings
How it measures up
Scores from the listing record and the market around it.
66Fair
Condition score
4 condition-related facts documented
Listing age, structured features and disclosed update language; not an inspection.
83Strong
Cash flow quality
+$559/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 108 condos with 2 bedrooms for lease in Bay Street Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $2,010 / 2026
- MLS® number
- C13849934
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Time on market
- Size
- 500-599 sqft
- Listed on
- Parking
- Underground, 0 Parking
Listing history
Listing activity for 2304-55 Centre Ave, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $349,900 | N/A | Pc | C13849934 |
Inside
Room by room
From the listing.
- Kitchen2.45 × 1.57 mCeramic Floor, B/I Dishwasher
- Dining2.38 × 1.75 mCombined W/Living, hardwood floor
- Living2.99 × 3.01 mhardwood floor, Combined W/Dining
- Primary3.32 × 2.22 mLarge Window, hardwood floor
- 2nd Br2.85 × 2.42 mLarge Window, Closet
- Bathroom2.5 × 1.56 mCeramic Floor, 4 Pc Bath
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Bay Street Corridor
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Fan Coil
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Patrick Station | TTC subway: Line 1 Yonge-University | 150 m |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 400 m |
| TMU Station | TTC subway: Line 1 Yonge-University | 500 m |
| Queen Station | TTC subway: Line 1 Yonge-University | 600 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Around it
Condo Apt in Bay Street Corridor
Active listings only, today.
Condos for sale in Bay Street Corridor right now
- For sale now
- 177
- Median asking price
- $658K
- New in 7 days
- 16
- Price cuts
- 21%
Middle half: $520K to $899K
68 in 28 days
37 listings
This home is asking 47% below the median, lower than three quarters of them.
See all homes in Bay Street CorridorAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- Heritage and ravineNone foundNot found on the Heritage Register
- Heritage and ravineNone foundNot in a mapped Heritage Conservation District
- Heritage and ravineNone foundNot in the mapped ravine protection area
- ZoningCR 7.8 (c4.5; r7.8) SS1 (x2309)Commercial Residential zone (CR) · Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2309)
- Permits4 clearedOther(BA) Issued April 30, 2024 · Garage Repair/Reconstruction Issued July 11, 2019 · Certified Tents Issued May 7, 2013 · Certified Tents Issued May 9, 2012
- Signals nearby6 to note63 CENTRE AVE, Site plan, 20 m away · 189 DUNDAS ST W, Site plan, 40 m away · 187 DUNDAS ST W, Site plan, 40 m away · 191 DUNDAS ST W, Site plan, 40 m away · 195 DUNDAS ST W, Site plan, 40 m away · 183 DUNDAS ST W, Site plan, 40 m away
None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
Land transfer tax on this home
- Ontario land transfer tax
- $3,724
- Toronto municipal land transfer tax
- $3,724
- Total land transfer tax
- $7,448
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$7,448
- Total for first-time buyers
- $0
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $349,900
- $1,499
- Ontario total
- $3,724
Toronto’s municipal tax uses the same brackets at this price, so it adds another $3,724.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Orde Street Public SchoolToronto DSBPublic · grades JK–882%Grade 6 average650 m
- St Michael's Choir (Jr) SchoolToronto CDSBCatholic · grades 1–8 · French Immersion99%Grade 6 average750 m
- Beverley SchoolToronto DSBPublic · grades JK–8—750 m
- École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–696%Grade 6 average1.2 km
SecondaryGrade 9 math 2024–25
- Heydon Park Secondary SchoolToronto DSBPublic · grades 9–128%Grade 9 math650 m
- St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–1296%Grade 9 math700 m
- Subway Academy IIToronto DSBPublic · grades 9–12—750 m
- Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–1286%Grade 9 math1.2 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$2,441
- Mortgage$1,597
- Property tax$168
- Condo or maintenance fee$676
A planning figure, not a quote.
Land transfer tax
$7,448
$0 for first-time buyers; Toronto adds its own tax.
Rent, similar homes
$3,000
a month, median asking rent of 108 similar homes in Bay Street Corridor.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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