55 Centre Ave 1402

Bay Street Corridor, Toronto
$518K For Sale

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

Features

  • Facing: South
  • Bedrooms: 2+1
  • Bathrooms: 1
  • Garages: 1
  • Kitchens: 1

Details

  • Space: 800-899
  • Maintenance: $ 1039.05
  • Tax: $ 2547.47
  • C13517504
  • Listing contracted with: CENTURY 21 ATRIA REALTY INC.
Room Size(M) Description
Foyer2.54x1.98

Large Closet, Tile Floor

Kitchen2.59x1.75

B/I Appliances, Galley Kitchen, Tile Floor

Living Rm4.88x4.42

Laminate

Primary B4.42x3.51

Large Closet, Bay Window

2nd Br4.57x3.51

Large Window

Den4.10x3.20

Large Window



Bathroom Pieces Level
1xBath4 pcs

Main



Property Summary

Located close to the intersection of Dundas St & University Ave, #1402-55 Centre Ave is a 2+1 bedrooms 1 washrooms Condo Apt. The unit has a Single Underground Parking Space with a Locker. The property has many nice features including Carpet Free. Foyer, Kitchen, Living Room Rm, Primary B, second bedroom and Den are on the Main floor.

Chestnut Park

55 Centre Ave was developed by real estate developer Chestnut Park Residences Inc. The age of the residential building is approximately 37 years. It has about 22 levels and 138 units. Chestnut Park offers amenities such as Gym, Concierge and Visitor Parking. The monthly maintenance fee includes Heat, Water and Air Conditioning. There are total 2 units for sale and 4 for lease in 55 Centre Ave.


School Information

  • elementary schools
    Orde Street Public School (Grade:JK-8) 169/3037
  • secondary schools
    Jarvis Collegiate Institute (Grade:9-12) 651/739
  • elementary schools
    St. Michael Catholic School (Grade:JK-8) 1195/3037
  • elementary schools
    Ryerson Community School (Grade:JK-8) 2413/3037
  • elementary schools
    King Edward Junior and Senior Public School (Grade:JK-8) 1119/3037
  • elementary schools
    Lord Lansdowne Junior Public School (Grade:0-6) 548/3037


Commute Information

St. Patrick Subway Station (0.1km)
Union Go Train Station (1.1km)

Location



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