Maintenance Fees
Chestnut Park vs The Bay Street Corridor Area
2001 - 55 Centre Ave
$2,1501 bd1 ba0 pk550 sqft
For RentChestnut Park
2 Days on Strata
$2,150/mth
1 Bed
1 Bath
0 Parking
550 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
To Be Arranged
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
None
Furnished:
No
Exposure:
East
Locker:
None
Amenities
Party Room
Bike Storage
Visitor Parking
Concierge
Security System
Indoor Parking
About this Listing
Location, Location, Location! Enjoy This One Of A Kind, Bright & Spacious 1 Bdrm Unit w/ A Custom Layout In The Heart Of The Downtown Core! Approx 550 Sq Ft In The Sought After Chestnut Park Residence. Plenty Of Renovations To Enjoy! Boasting An Expanded Kitchen Area w/ Potlights, S/s Appliances, Renovated Kitchen Cabinets, Backsplash, Expanded Living Room Space & Custom Bathroom Entrance! Surrounded By Amenities & Cultural Hubs, Located Near The Eaton Centre, Financial District, UofT, OCAD, Mt Sinai Hospital, TTC, Toronto Metropolitan University & So Much More. Tenant Only Pays For Hydro! Dont Miss Out On This Opportunity!
ExtrasJacuzzi Tub, S/s Fridge, S/s Stove, S/s Microwave Range, Washer & Dryer, Living Room Mirror, ELFs
keller williams referred urban realtyMLS® #C12080775
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Laminate
18.73 x 10.17ft
Dining
Combined with Living, Laminate
18.73 x 10.17ft
Kitchen
Ceramic Floor, Galley Kitchen
8.01 x 5.32ft
Primary
Laminate
11.09 x 8.53ft
Solarium
Laminate
7.22 x 7.05ft
Renter's Market
Balanced
Landlord's Market
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10/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
The bike lane starts to feel like a second home.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
15,057
Average Individual Income
$63,504
Average Household Size
3 persons
Average Age
43
Average Household Income
$103,909
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
45%
Semi Detached
23%
Detached
21%
Low Rise Apartment
6%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
74%
Mandarin
13%
Cantonese
7%
Tagalog
2%
Telugu
1%
Arabic
1%
Hindi
1%
Spanish
1%
Education
University and Above
46%
High School
20%
College
15%
None
12%
Apprenticeship
2%
University Below Batchelor
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
20%
Health & Related Fields
11%
Social Sciences
11%
Math & Computer Sciences
10%
Humanities
6%
Physical Sciences
5%
Education
3%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At Chestnut Park
Days on Strata
Units at Chestnut Park spend an average of
35
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
9.9
YEARS before being sold againProperty Value
-16%
Decrease in property value within the past twelve months
Price Ranking
34th
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
2
Units were Sold over the past twelve months
Rented Units
12
Units were Rented over the past twelve months
Best Value Rank
Chestnut Park offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Chestnut Park has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Chestnut Park yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
Chestnut Park is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at Chestnut Park
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | No Data | $490,000 | No Data | $689,000 | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $632 | No Data | $619 | No Data |
| Price Range | $2,400 | $2,100 - $2,290 | $2,000 - $3,500 | $3,300 | $3,100 - $4,000 | No Data |
| Avg. Wait for Unit Availability | No Data | 148 Days | 253 Days | 1122 Days | 151 Days | No Data |
| Avg. Wait for Unit Availability | 414 Days | 72 Days | 147 Days | No Data | 130 Days | No Data |
| Ratio of Units in Building | 2% | 34% | 32% | 6% | 26% | 2% |
Market Inventory
Total number of units listed and leased in Bay Street Corridor
