55 Centre Avenue 1402, Toronto, ON M5G 2H5
Toronto C01, ON, M5G 2H5 · Bay Street Corridor
About this property
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 & Amenities
- Garage: Underground
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Apartment
- Construction: Brick
- Exposure: South
Property Details
| Property Type | Residential Condo & Other |
|---|---|
| Property Sub-Type | Condo Apartment |
| Architectural Style | Apartment |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Basement | None |
| Garage | Underground |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Annual Tax | $2,547 |
| Tax Year | 2026 |
| Association Fee | $1,039 / |
Interior Features
- Interior Features
- Carpet Free
- Laundry Features
- Ensuite
Exterior Features
- Balcony Type
- None
Building & Construction
- Architectural Style
- Apartment
- Construction Materials
- Brick
- Basement
- None
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Underground
- Garage
- Yes
- Parking Spaces
- 0
- Parking Total
- 1.00
- Parking Features
- Underground
- Covered Spaces
- 1
Community & Neighborhood
- Association Name
- MTCC
Financial & Tax
- Tax Annual Amount
- $2,547
- Tax Year
- 2026
- Association Fee
- $1,039
- Association Fee Includes
- Heat Included, CAC Included, Common Elements Included, Parking Included, Water Included, Building Insurance Included
- Possession Type
- Immediate
- Possession Details
- Flexible
Room Details
- Rooms Above Grade
- 1
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 2
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Partial
- Exposure
- South
- County Or Parish
- Toronto
- Cross Street
- Dundas St & University Ave
- Directions
- As per Google maps
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
55 Centre Avenue 1402, Toronto, ON M5G 2H5, Toronto C01, ON, M5G 2H5