2104 - 55 Centre Avenue

Welcome to this well-kept condo apartment located at 55 Centre Avenue, Toronto, a prime spot in the vibrant Bay Street Corridor. This apartment for sale in Toronto offers a bright and functional layout that is sure to appeal to both first-time buyers and investors alike. With its modern design and convenient location, this property is a fantastic opportunity for those looking to immerse themselves in the heart of downtown living.

As you enter the apartment at 55 Centre Avenue, Toronto, you are greeted by an open living and dining area that is perfect for entertaining guests or enjoying a quiet evening at home. The space is adorned with modern light fixtures that enhance the contemporary feel of the apartment. The well-designed layout comprises a total of five rooms, including a spacious bedroom that features floor-to-ceiling windows, allowing natural light to flood the space and providing stunning views of the bustling city below.

The kitchen is a highlight of this apartment for sale in Toronto, boasting upgraded quartz countertops and a stylish backsplash that adds a touch of elegance. It is equipped with all the essentials, making it a practical space for cooking and meal preparation. However, it is important to note that there is no additional kitchen or family room in this unit, ensuring that the layout remains open and inviting.

The apartment features one bedroom and one bathroom, making it ideal for individuals or couples seeking a comfortable living space. The bathroom is well-appointed, and while there is no den or additional rooms, the overall design maximises the available space. Central air conditioning ensures that the apartment remains cool and comfortable during the warmer months, while the forced air heating system provides warmth during the colder seasons.

Parking is a significant advantage of this property, as it includes one underground garage space, a rare find in downtown Toronto. However, it is worth mentioning that there is no additional land or parking space available. This apartment for sale in Toronto is unfurnished, allowing you the freedom to personalise the space to your liking and create a home that reflects your style.

Situated at 55 Centre Avenue, Toronto, this condo apartment is surrounded by an array of amenities and attractions. You will find yourself just steps away from major hospitals, St. Patrick Station, the Eaton Centre, and renowned educational institutions such as the University of Toronto and Ryerson University. The financial district is also within easy reach, making this location ideal for professionals working in the area.

In addition to its proximity to educational and professional hubs, this apartment for sale in Toronto is close to a variety of restaurants, art galleries, and cultural landmarks, including Nathan Phillips Square. The Bay Street Corridor is known for its vibrant atmosphere, offering a blend of urban convenience and cultural richness that is hard to match.

While this property does not feature a pool or a fireplace, its prime location and modern amenities more than compensate for these aspects. Internet access is readily available, ensuring that you stay connected in this digital age.

In summary, if you are in the market for an apartment for sale in Toronto, look no further than this impressive unit at 55 Centre Avenue, Toronto. With its bright layout, modern features, and unbeatable location, this condo apartment presents an excellent opportunity to enjoy the best of downtown living. Don’t miss your chance to make this exceptional property your new home!

The Bay Street Corridor, nestled in the heart of Toronto, is a vibrant and dynamic geographic area renowned for its striking skyline and bustling urban atmosphere. This neighbourhood is characterised by a mix of towering skyscrapers, luxury condominiums, and historic buildings, all interspersed with a variety of shops, restaurants, and cultural venues. As a hub of business and finance, it attracts professionals and residents alike, offering easy access to public transport and proximity to key attractions such as the Eaton Centre and the Art Gallery of Ontario. With its lively streets and diverse population, the Bay Street Corridor presents an exciting urban lifestyle, making it an appealing choice for those seeking the quintessential city experience.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent 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. Another nearby option is St. Michael Catholic School, located 1.6 km from the property, also catering to elementary students and sharing the same rating of 7.1. For older students, Kapapamahchakwew - Wandering Spirit School and St. Joseph's College School are available within a 1.2 km and 1.1 km radius, respectively, with St. Joseph's rated at 7.6, providing a strong secondary education. Additionally, Lord Lansdowne Junior Public School and St. Mary Catholic School are within a short distance, offering diverse language programs in both English and French. Overall, the area boasts a mix of public and Catholic schools, ensuring quality education options for children of all ages, which can significantly enhance the appeal of this property to prospective buyers looking for a family-friendly neighborhood.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 1,648 residents. The average household size is relatively low at 1.7, indicating a significant number of single-person households, which comprise 60% of the population. The average age is 35.6 years, suggesting a youthful demographic. The average household income stands at $82,800, though 21.6% of the population is classified as low-income. The housing market is characterized by an average property price of $690,000, with a notable 71.43% of residents renting their homes, and 59.79% living in condominiums. Families with children represent 21.43% of households, while a substantial 48.33% of the population consists of immigrants, highlighting the area's cultural diversity. Education levels are high, with 76.33% of residents holding a college or university degree. However, 25.44% of the population is not in the labor force, indicating potential economic challenges. Overall, this area presents a vibrant mix of young professionals and families, with a strong emphasis on education and rental living.