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modified
5+ Days Ago

Location

55 Centre Avenue #2502, Toronto, ON M5G 2H5, CA|Bay Street Corridor

Tour 55 Centre Avenue #2502

Contact

Xiaomiao Lan-Pidhainy

(844) 335-5536 ext. 7014

Amenities for 55 Centre Avenue #2502, Bay Street Corridor

Apartment Amenities

Air ConditioningCentral Heat
FurnishedHardwood Floor
High Ceilings

Appliances

DishwasherIn-Unit Laundry

Building

Controlled AccessElevator
Onsite LaundryWheelchair Accessible

Services

Concierge ServiceOn-Site Management
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

Application Fee

One-time. Agent application fee

$35

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Base Rent

Monthly rent payment

$2,350

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 55 Centre Avenue #2502

HomeApartments in TorontoBay Street Corridor 55 Centre Avenue #2502, Toronto, ON M5G 2H5, CA

Partially furnished downtown condo. Sunny, bright, large corner unit (820 sq Ft). Prime downtown location in a boutique building. 5-10 minutes walking distance to everything: University of Toronto, Hospitals, Ryerson University, City Hall, Eaton Centre, Art Gallery of Ontario, Ocad, Osgoode Law School, Dental School, China town, Four Seasons Center for the Performing Arts, the new Court House, financial district, subways, restaurants. Walk Score 100 (no car needed). 1 bedroom + 1 solarium. The solarium can be used as a second bedroom. New laminated floor, new dish washer, Large built-in bookshelf in living room. Large windows, sliding glass doors, electric light fixtures, ceiling fan, Jacuzzi bath, ensuite washer & dryer, 7 large closets. Video surveillance and 24/7 concierge. Furniture includes: Queen size bed 2 night stands Vertical mirror Small bed side table Black table Small granite table Low rectangular wood table with glass center 2 dressers Tenant pays own hydro bill (water + electricity), approximately $50-70/month, depending on your usage. Tenant pays for own internet, cable and phone. No pets, no smoking, one-year lease (two year also possible). Ideal for a professional couple or students (maximum 3). Available: December 1, 2025 Required: the first and last month rent, good credit, and proof of employment Note: The actual furniture arrangements in the condo will be different from what are shown in the pictures as tenants are currently occupying the unit. Current tenants will move out on November 15, 2025. If you need to move in earlier, you will get half a month rent-free from November 15-30.


Lease Terms
1 year

55 Centre Avenue #2502 is great for:

Work-from-home

  • High speed internet is an amenity
  • Large windows for natural lighting
  • Quiet environment with little noise pollution

Eco living

  • Public transit available nearby
  • You can get around by foot in this area

Address details

NeighborhoodBay Street Corridor
Post codeM5G 2H5
TypeCondo for rent

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Rent trends in Bay Street Corridor

1-bedroom apartments at 55 Centre Avenue #2502 cost about 9% less than the average rent price for 1-bedroom apartments in Bay Street Corridor.

Median rents as of Oct 11 2025.
Bay Street Corridor
Toronto
A table of 1-bedroom apartment rental data trends in Toronto
MonthMedian Rent
October 2023$2,548
November 2023$2,501
December 2023$2,488
January 2024$2,450
February 2024$2,450
March 2024$2,438
April 2024$2,400
May 2024$2,400
June 2024$2,399
July 2024$2,386
August 2024$2,384
September 2024$2,366
October 2024$2,347
November 2024$2,312
December 2024$2,300
January 2025$2,300
February 2025$2,303
March 2025$2,300
April 2025$2,281
May 2025$2,257
June 2025$2,242
July 2025$2,222
August 2025$2,200
September 2025$2,193
October 2025$2,186
A table of 1-bedroom apartment rental data trends in Bay Street Corridor
MonthMedian Rent
October 2023$2,765
November 2023$2,698
December 2023$2,666
January 2024$2,550
February 2024$2,531
March 2024$2,550
April 2024$2,583
May 2024$2,590
June 2024$2,552
July 2024$2,587
August 2024$2,694
September 2024$2,719
October 2024$2,636
November 2024$2,672
December 2024$2,673
January 2025$2,656
February 2025$2,652
March 2025$2,674
April 2025$2,644
May 2025$2,601
June 2025$2,601
July 2025$2,589
August 2025$2,589
September 2025$2,597
October 2025$2,590

Affordability calculator

Can I afford to live at 55 Centre Avenue #2502?

Bedrooms

1 bedroom

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

$94,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $94,000 annually to afford this 1-bedroom monthly rent price of $2,350.
For more information on rent affordability, visit our rent calculator.
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Internet available near 55 Centre Avenue #2502

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 near 55 Centre Avenue #2502

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 Avenue #2502, Toronto

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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