55 Centre Ave, Toronto

1 
For Sale
6 
For Rent
Melissa Mepham
Melissa Mepham
Sales Representative
Property.ca Inc., Brokerage
Chestnut Park hero image
+4
549 sqft - 2253 sqft
Avg $710 per square foot
Built in 1990
22 floors/ 137 units
High-Rise condo

Overview
Found on Centre Ave off Dundas Street West and one black east of University, Chestnut Park is a conventional concrete and glass condo tower that offers affordability, strong management, and a great location.
The 22-storey building was completed in 1990, and since then it has been offering over 130 Toronto condos for sale and for rent, just steps from the Eaton Centre, City Hall, Financial District, and major Hospitals, making it perfect for investors, working professionals and first-time buyers. The suites range from bachelor and junior one-bedroom apartments to two-bedrooms plus den, with select penthouse units that feature a large family room. Chestnut Park offers less fancy amenities compared to some of the newer Toronto condos, but the suites are very roomy, the building is safe, and the central location gives residents access to some of the city’s finest art galleries, including the Art Gallery of Ontario, Ontario College of Art and Design, and Village by the Grange.

Most Notable Features
Ideal for students: Chestnut Park is located right between University of Toronto and Ryerson University, making it an ideal residence for students seeking a downtown home for the school year. With suites from bachelor to two-bedrooms plus den, Chestnut Park can cater to all lifestyles whether you want to live alone or share a place with friends.
Central location: Located one street east of University Avenue, homeowners at Chestnut Park will love the prime downtown locale, just steps from St. Patrick subway station on the Yonge-University line and within walking distance to Yonge Street’s Eaton Centre, Bay Street’s Financial District, and Toronto’s Hospital hub along University Avenue.
Visitor parking: Chestnut Park has fewer amenities compared to other downtown Toronto condos, but the property does offer visitor parking. An often overlooked extra, visitor parking makes having friends and family over so much easier, especially in a busy downtown core. Forget the hassle of non-guaranteed street parking, and simply tell your guests to drive straight to your door.

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1
Concierge
1
Visitor Parking
1
Parking Garage
1
Pet Restriction
1
Security System
1
Security Guard
1
Bike Storage
1
Meeting Room

Included in Maintenance Fees

1
Common Element
1
Heat
1
Building Insurance
1
Water
1
Air Conditioning
Corp
MTCC-868
Date Registered
Jan 23, 1990
434
th
Price Per Sqft Rank: 434th

Highest price per sqft out of 455 condos in Downtown

-
6.9
%
condo Values : -6.9%

Year over year change in values at 55 Centre Ave, Toronto

$
710
/sqft
Avg. Price per Sqft : $710/sqft

Based on 5 recent sales at 55 Centre Ave, Toronto

$
4.08
/sqft
Avg. Rent Price per Sqft : $4.08/sqft

Based on 9 recent rentals at 55 Centre Ave, Toronto

-
32.4
%
Area Comparison : -32.4%

Less expensive than The Core condos for sale

24
days
Avg. days on Market : 24 days

At the Chestnut Park

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Melissa Mepham
Melissa Mepham
Sales Representative
Property.ca Inc., Brokerage

About 55 Centre Ave, Toronto


With a home at 55 Centre Avenue, you’ll discover a lot of great places to grab a bite, such as Avenue Café and Bistro or Cafe Plenty. If you walk a bit further you can enjoy some eats at Hong Shing Chinese Restaurant or Ali Baba's. Fine dining can be found at Lai Wah Heen, about three-minutes away, or keep on walking another couple of minutes to the Eaton Centre for a wide range of eating and shopping options.
For all the groceries and ingredients you might need for a dinner party, you can swing by Longo’s on Elizabeth Street, The Kitchen Table and Lucky Moose Food Mart.
Although you’re in Toronto’s core, you’re just a short walk from Grange Park to the west where you can let your dog run around, as well as Queen’s Park to the north where you can go for a jog or sit under an ancient tree with your favourite novel.

Transit riders take note, 55 Centre Ave is only steps away to the closest TTC BusStop (DUNDAS ST WEST AT CHESTNUT ST) with (Bus) route 505 Dundas. ST PATRICK STATION - SOUTHBOUND PLATFORM Subway is also nearby. For drivers, the closest highway is Gardiner Expressway and is within a 4-minute drive from Chestnut Park, making it easier to get into and out of the city using Yonge St ramps.