Apartment for rent

17 Hours Ago

55 Centre Ave
55 Centre Ave, Toronto ON M5G 2H5, CAN

Monthly rent	$2,700
Beds	2
Baths	1
Sqft	750

Monthly rent	$2,700
Beds	2
Baths	1
Sqft	750

17 Hours Ago

Location

55 Centre Ave, Toronto ON M5G 2H5, CAN|Bay Street Corridor

Tour 55 Centre Ave

Amenities for 55 Centre Ave, Bay Street Corridor

Apartment Amenities

Air Conditioning	Central Heat
Furnished

Appliances

Dishwasher

In-Unit Laundry

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

About 55 Centre Ave

Home

Apartments in Toronto

Bay Street Corridor

55 Centre Ave, Toronto ON M5G 2H5, CAN

Sweet deal!

This listing is 16% below the median price for 2 bedroom apartments in Bay Street Corridor.

Starting on May 1st 2026. Within walking distance to the University of Toronto, TMU, St. Patrick subway station, and Eaton Centre. Near many amenities and restaurants. All large rooms. Partially furnished. Dishwasher, fridge, stove, and ensuite laundry set included. 12 months rental or 4 months for internship students. No pets. No smoking and no drugs. Employment letter and credit score please. Heating/cooling and water included. All other utilities not included.

Property highlights

How 55 Centre Avenue, Toronto, ON M5G 2H5, Canada compares to other nearby properties.

Positives

Images available: There are at least 10 photos of this address
Package service: More secure storage for delivery

Considerations

No covered parking: Garage or covered parking isn't listed as an amenity here
No elevator: Accessibility options are limited
No in-unit dishwasher: Dishwashers aren't available

Address details

Neighborhood	Bay Street Corridor
Post code	M5G 2H5
Type	Apartment for rent

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Rent trends in Bay Street Corridor

2-bedroom apartments at 55 Centre Ave cost about 16% less than the average rent price for 2-bedroom apartments in Toronto.

Median rents as of Mar 14 2026.

Bay Street Corridor

Toronto

A table of 2-bedroom apartment rental data trends in Toronto
Month	Median Rent
March 2024	$3,150
April 2024	$3,105
May 2024	$3,133
June 2024	$3,103
July 2024	$3,049
August 2024	$3,092
September 2024	$3,043
October 2024	$2,997
November 2024	$2,961
December 2024	$2,948
January 2025	$2,993
February 2025	$2,976
March 2025	$2,901
April 2025	$2,860
May 2025	$2,850
June 2025	$2,850
July 2025	$2,816
August 2025	$2,799
September 2025	$2,778
October 2025	$2,764
November 2025	$2,748
December 2025	$2,739
January 2026	$2,719
February 2026	$2,708
March 2026	$2,695

A table of 2-bedroom apartment rental data trends in Bay Street Corridor
Month	Median Rent
March 2024	$3,525
April 2024	$3,523
May 2024	$3,564
June 2024	$3,556
July 2024	$3,512
August 2024	$3,619
September 2024	$3,603
October 2024	$3,478
November 2024	$3,464
December 2024	$3,482
January 2025	$3,457
February 2025	$3,462
March 2025	$3,459
April 2025	$3,355
May 2025	$3,362
June 2025	$3,347
July 2025	$3,353
August 2025	$3,372
September 2025	$3,475
October 2025	$3,500
November 2025	$3,500
December 2025	$3,406
January 2026	$3,419
February 2026	$3,288
March 2026	$3,232

Affordability calculator

Can I afford to live at 55 Centre Ave?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$108,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $108,000 annually to afford this 2-bedrooms monthly rent price of $2,700.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 55 Centre Ave, Toronto, ON.
			Bath
3 years ago	$3,145	2 bed	2 bath
3 years ago	$3,595	2 bed	2 bath
4 years ago	$2,695	3 bed	2 bath
5 years ago	$1,550	1 bed	1 bath
6 years ago	$2,100	1 bed	1 bath
6 years ago	$2,500	2 bed	2 bath

Internet available near 55 Centre Ave

Neighborhood

Bay Street Corridor | Toronto, ON

NEIGHBORHOOD VIBE

Lively and energetic

You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Toronto ON M5G 2H5 near 55 Centre Ave

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

4/10

This area is accessible to thoroughfares and has ample parking options.

Cycling

9/10

Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 55 Centre Ave, Toronto ON M5G 2H5

Groceries

10/10

At least one supermarket within a 5-minute walk

Shopping

10/10

Exceptional variety of shops within a few minutes’ walk

Cafes

10/10

Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10

Exceptional variety of restaurants within a few minutes’ walk

Primary schools

8/10

At least one elementary school within a 10-minute walk

High schools

9/10

At least one high school within a 10-minute walk

Parks

10/10

Exceptionally large amount of park space within a few minutes’ walk

Nightlife

9/10

Wide variety of bars within a few minutes' walk

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Other units at this address

55 Centre Avenue, Toronto, ON M5G 2H5, Canada

55 Centre Avenue Toronto, ON

Occupied

1803

2 Beds

2 Baths

1,200 sqft

$3,145

In-Unit Laundry • Dishwasher • On-Site Laundry

Listed by Royal York Property Management

Days on market: 1413

2 Bedrooms+Den | 2 Bathrooms, Upgraded Kitchen, Stainless Steel Appliances, Dishwasher, Microwave, Stone Countertops, Laminate Floors, Ensuite Laundry. OPEN 24/7 - HAVE QUESTIONS? CALL/TEXT US ANY TIME: 905-385-8150 Note: The unit will be professionally cleaned by the owner prior to your occupancy. Close to Gardiner Expressway, St Patrick Subway Station, Queen St West at Niagara St Bus Stop, Shaw St at Queen St West Bus Stop, Orde Street Junior Public School, Keystone Schools, Grange Park, St. James Park, Art Gallery of Ontario, CF Toronto Eaton Centre, Hanlan's Point Beach. Use The Link Below to Schedule a Showing: https tinyurl com y3h88oys 1803-55 Centre Avenue, Toronto, Ontario M5G 2H5 Dundas Street West and University Avenue Seven Minutes Away From CN Tower!! Close to All Amenities!! Located at the Heart of Toronto!! ***DEN CAN BE USED AS A BEDROOM*** $3,150 Discounted Cable, Internet & Phone (Throughout the Term, at Additional Cost) UNIT AMENITIES: *2 Bedrooms+Den | 2 Bathrooms *This is a Newly Renovated Condo Apartment *Upgraded Kitchen *Upgraded Back Splash *Stainless Steel Appliances *Dishwasher *Microwave *Stone Countertops *Laminate Floors *Personal Thermostat *Roller Window Coverings *9 Feet Ceiling *His and Hers Closet *Ensuite Laundry *Upgraded Bathrooms *Ensuite Bathroom *Corner Unit *High Floor *Tons of Natural Light *Water, Gas, and Hot Water Tank are Included BUILDING AMENITIES: *24/7 Security and Concierge *Party Room *Meeting Room *Bicycle Storage *Visitor Parking Available on May 18th, 2022 ** OPEN 24/7 - HAVE QUESTIONS? CALL/TEXT US ANY TIME: 905-385-8150 ** Note: The unit will be professionally cleaned by the owner prior to your occupancy. Use The Link Below to Schedule a Showing: https tinyurl com y3h88oys Close to Gardiner Expressway, St Patrick Subway Station, Queen St West at Niagara St Bus Stop, Shaw St at Queen St West Bus Stop, Orde Street Junior Public School, Keystone Schools, Grange Park, St. James Park, Art Gallery of Ontario, CF Toronto Eaton Centre, Hanlan's Point Beach.

Occupied

3 Beds, 2 Baths

3 Beds

2 Baths

1,100 sqft

$2,695

Dishwasher • In-Unit Laundry • On-Site Laundry • High Ceilings • Air Conditioning

Listed by Royal York Property Management

Days on market: 1490

3 Bedrooms | 2 Bathrooms, Spacious High Floor Condo, White Appliances, Formica Countertops, Microwave, Dishwasher, Laminate Flooring, Ensuite Laundry, City and Conservation View, Tons of Natural Light. OPEN 24/7 - HAVE QUESTIONS? CALL/TEXT US ANY TIME: 905-385-8150 Note: The unit will be professionally cleaned by the owner prior to your occupancy. Close to Gardiner Expressway, St Patrick Subway Station, Queen St West at Niagara St Bus Stop, Shaw St at Queen St West Bus Stop, Orde Street Junior Public School, Keystone Schools, Grange Park, St. James Park, Art Gallery of Ontario, CF Toronto Eaton Centre, Hanlan's Point Beach. Use The Link Below to Schedule a Showing: https tinyurl com y3h88oys 2206-55 Centre Avenue, Toronto, Ontario M5G 2H5 Dundas Street West and University Avenue 7 Minutes Away From CN Tower!! Close to All Amenities!! Located at the Heart of Toronto!! $2,700 Discounted Internet, Cable & Phone (Throughout the Term, at Additional Cost) UNIT AMENITIES: *3 Bedrooms | 2 Bathrooms *Spacious Condo *White Appliances *Formica Countertops *Laminate Flooring *Microwave *Dishwasher *Window Coverings *Ensuite Primary Bathroom *Ensuite Laundry *Corner Unit *High Floor *9 Foot Ceiling *Unit Is Facing Northwest *City and Conservation View *Huge Private Terrace *Tons of Natural Light *Everything is Included, Except Hydro BUILDING AMENITIES: *Meeting Room *Party Room *Lobby/Lounge *Bicycle Storage *24/7 Security and Concierge Available Immediately!! ** OPEN 24/7 - HAVE QUESTIONS? CALL US ANY TIME: 905-385-8150 ** Note: The unit will be professionally cleaned by the owner prior to your occupancy. Use The Link Below to Schedule a Showing: https tinyurl com y3h88oys Close to Gardiner Expressway, St Patrick Subway Station, Queen St West at Niagara St Bus Stop, Shaw St at Queen St West Bus Stop, Orde Street Junior Public School, Keystone Schools, Grange Park, St. James Park, Art Gallery of Ontario, CF Toronto Eaton Centre, Hanlan's Point Beach.