901 - 55 Centre Avenue

Nestled in the vibrant heart of Downtown Toronto, this delightful one-bedroom condo apartment at 55 Centre Avenue, Toronto, is a gem you won't want to overlook. If you're on the hunt for an apartment for sale in Toronto , this property ticks all the boxes for those who crave city living. The Bay Street Corridor community is a bustling hub, perfectly positioned just a stone's throw away from a plethora of amenities and attractions.

As you step into this bright and spacious residence, you'll immediately feel the warmth and comfort it offers. The apartment boasts a well-thought-out layout with a total of four rooms, including a lovely main kitchen that’s just waiting for your culinary creations. While it’s unfurnished, this gives you the freedom to personalise the space to your own taste and style. Imagine transforming this apartment into your own sanctuary in the city!

The bedroom is generously sized, providing a peaceful retreat after a long day exploring the vibrant streets of Toronto. With one bathroom in the apartment, you’ll find it perfectly adequate for your needs. Although there is no den or family room, the open layout ensures that you can make the most of the space available. The absence of a fireplace might be a downside for some, but the central air conditioning will keep you cool during those hot summer months, making this apartment for sale in Toronto an appealing choice.

One of the standout features of this property is its prime location. Being situated at 55 Centre Avenue, Toronto, means you’re just a short walk from the University of Toronto, Toronto Metropolitan University (formerly Ryerson), George Brown College, and OCAD University. This makes it an ideal spot for students or professionals working in education. Additionally, you’ll be close to major hospitals, premier shopping areas, and the Financial District, which is perfect for those who thrive in a fast-paced urban environment.

The surrounding area is rich with culture and entertainment, with Chinatown, Yonge Street, and Yorkville all within easy reach. Whether you fancy a leisurely stroll through the neighbourhood or a night out at one of the many nearby restaurants, you’ll find that living in this apartment for sale in Toronto places you right in the centre of the action.

While the property does not come with a pool or garage space, the convenience of urban living means you’ll have access to public transport and various parking options nearby. It’s worth noting that there is no central vacuum system, and the building does not have a basement, but these minor details shouldn’t deter you from considering this fantastic opportunity.

For those who rely on the internet, you’ll be pleased to know that connectivity is available, allowing you to stay connected whether you’re working from home or simply enjoying some downtime. The heating system is forced air, ensuring that you’ll be warm and cosy during the colder months.

In summary, if you’re looking for an apartment for sale in Toronto, 55 Centre Avenue, Toronto, offers a fantastic opportunity to embrace the vibrant city lifestyle. With its spacious one-bedroom layout, prime location in the Bay Street Corridor, and proximity to educational institutions and major attractions, this condo apartment is a must-see. Don’t miss out on the chance to make this bright and inviting space your own. It truly embodies the essence of downtown living at an exceptional value. So, why wait? Come and explore this wonderful apartment for sale in Toronto today!

The Bay Street Corridor, situated in the heart of Toronto, is a vibrant and bustling geographic area known for its striking skyline and proximity to the city's financial district. This dynamic neighbourhood is characterised by a mix of towering condominiums, office buildings, and cultural institutions, offering residents a cosmopolitan lifestyle with easy access to a plethora of amenities. With its array of shops, restaurants, and entertainment options, as well as close proximity to public transport, the Bay Street Corridor provides an ideal setting for those seeking the convenience of urban living while being surrounded by the energy of one of Canada's most significant economic hubs. The area also boasts green spaces such as Nathan Phillips Square, adding a touch of nature amidst the urban landscape.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Orde Street Public School, just 0.6 km away, offering elementary education from Junior Kindergarten to Grade 8 with a solid rating of 7.1. Additionally, St. Michael Catholic School, also catering to JK to Grade 8, is 1.6 km away and shares the same rating of 7.1, providing a quality Catholic education. For older students, Kapapamahchakwew - Wandering Spirit School and St. Joseph's College School, both within 1.1 to 1.2 km, offer high school education, with St. Joseph's rated at 7.6. Lord Lansdowne Junior Public School, located 1.3 km away, offers French language instruction for younger students, though it currently has no rating. St. Mary Catholic School, also nearby, provides education in French for JK to Grade 4 and has a rating of 5.7. With a mix of public and Catholic options, as well as a variety of language programs, families will find a suitable educational environment for their children in this vibrant community.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,648 residents, with an average household size of 1.7. The demographic profile indicates a relatively young population, with an average age of 35.6 years. The average household income stands at $82,800, although 21.6% of the population falls under the low-income category. Housing prices are notable, with the average price of homes reaching $690,000. The community is predominantly single, with 60% of residents identifying as such, and only 21.43% of households include children. A significant portion of the population, 48.33%, are immigrants, contributing to the area's diversity. The rental market is strong, with 71.43% of residents renting their homes, and condos make up 59.79% of the housing stock. Education levels are high, with 76.33% of the population holding a college or university degree. However, a considerable 25.44% of residents are not in the labor force, which may reflect a variety of factors including students, retirees, or those unable to work. Overall, this area presents a vibrant community with a mix of demographics, educational attainment, and housing characteristics.