Maintenance Fees
Chestnut Park vs The Bay Street Corridor Area
706 - 55 Centre Ave
For RentChestnut Park
28 Days on Strata
$3,800/mth
3 Beds + 1
2 Bath
0 Parking
1,067 SQFT
Listing History
2025 - Mar 10
for rent$3,800
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Unit Highlights
Property Type:
Condo
Possession Date:
March 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
None
Furnished:
Partially
Exposure:
North West
Locker:
None
Amenities
Visitor Parking
Party Room
Concierge
Security System
Indoor Parking
Bike Storage
About this Listing
3 Decent Bedrooms + Separate Entrance Solarium (could be the 4th Bed) + Living Room + Dining Room +2 Full Bathrooms. Lots of Storage/Closet Space. Suitable for 4 people to share a sizable living. Refrigerator, Stove, Dish Washer, Microwave, Washer/Dryer. 24Hrs Concierge. Visitor Parking. Heating, Water and A/C included, Tenants only pay Hydro. Furniture and Dining ware are provided as-is. Steps to St Patrick Subway, U of T, TMU/Ryerson, OCAD, Hospitals, Financial District, Queens Park, New Ontario Court House, Dundas Square, City Hall, Art Gallery, Eaton Center, Canadian Tire, Best Buy, Grocery, Chinatown, Restaurants, Entertainments. Walk Score 10/10.*For Additional Property Details Click The Brochure Icon Below*
ExtrasHeating, Water and A/C included,
ici source real asset services inc.MLS® #C12011823
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Bedroom
11.48 x 10.66ft
Bedroom
9.29 x 8.96ft
Bedroom
8.96 x 6.99ft
4th Bedroom
10.01 x 10.01ft
Kitchen
8.53 x 7.87ft
Dining
14.76 x 9.84ft
Living
14.76 x 9.84ft
Foyer
8.2 x 8.2ft
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore Bay Street Corridor
Commute Calculator
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.
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
