$518,000
Unit 1402 - 55 Centre Ave
Toronto C01, ON M5G 2H5
Unit 1402 - 55 Centre Ave, Toronto C01 — Listed at $518,000. 3 bedroom, 1 bathroom Apartment. MLS® C13517504.
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Description
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
Property Details
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Listing Courtesy of: CENTURY 21 ATRIA REALTY INC.
MLS® #C13517504
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HouseIndex Take: Unit 1402 - 55 Centre Avenue
This condo apartment (Apartment) is located in the Bay Street Corridor neighbourhood of Toronto.
The home offers 3+1 bedrooms, 1 bathroom.
Features include 1 parking space including a 1-car garage.
Listed at $518,000 CAD with annual property taxes of $2,547.47 (2026).
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About Toronto Real Estate
This Condo Apartment is located in the Bay Street Corridor community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Condos in Toronto are popular with young professionals and downsizers seeking low-maintenance urban living with amenities.