55 Centre Avenue #1402
Toronto, ON M5G 2H5
$518,000
Beds:
3
Baths:
1
Sq. Ft. Range:
800-899
Type:
Condo
Listing #C13517504
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 Features
Community:
Bay Street Corridor
Area:
Toronto
Cross Street:
Dundas St & University Ave
Toronto Municipality:
Toronto C01
City Area:
Toronto C01
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Interior:
Carpet Free
Primary Bedroom Description:
Large Closet, Bay Window
Full Baths:
1
Den Description:
Large Window
Living Room Description:
Laminate
Kitchen Description:
B/I Appliances, Galley Kitchen, Tile Floor
Has Fireplace:
No
Heating:
Forced Air
Heating Fuel:
Gas
Cooling:
Central Air
Laundry:
Ensuite
Basement Description:
None
Style:
Apartment
Stories:
14
Construction:
Brick
Balcony Type:
None
Parking Description:
Underground
Has Garage:
Yes
Garage Spaces:
1
Total Parking Spaces:
0
Exposure Faces:
South
Garage Description:
Underground
Has Waterfront:
No
Possession:
Flexible
Property Type:
CND
Property SubType:
Condo Apartment
Parcel Number:
118680054
Status:
Active
HOA Fee:
$1,039.05
HOA Includes:
Heat Included, CAC Included, Common Elements Included, Parking Included, Water Included, Building Insurance Included
Pets:
Yes-with Restrictions
Tax Year:
2026
Tax Amount:
$2,547.47
Condo Corp Number:
868
Property Management Company:
Chestnut Park Management 416-341-0005
Transaction Type:
For Sale
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
Listing Courtesy of CENTURY 21 ATRIA REALTY INC.
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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate, of the type being offered via this website. Data is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board (TRREB). In Canada, the trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
TRREB - Toronto data last updated at July 24, 2026, 7:13 PM ET
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