Chestnut Park Residence

55 Centre Ave, Toronto. 2 condos for sale and 2 condos for rent in this building right now. In Bay Street Corridor.

For sale
2
For rent
2
Asking price per sq ft
$669
Typical rent
$2,850/mo
Maintenance fee per sq ft
$1.28
Storeys
23

About the building

Address
55 Centre Ave, Toronto
Building name
Chestnut Park Residence
Age
31-50 years
Pets
No
Property manager
Brillant Property Management 416-341-0005
Units seen listed
84

Amenities

  • Party Room/Meeting Room
  • Rooftop Deck/Garden
  • Visitor Parking

From the listings in this building; details can vary by unit and change over time.

For sale in this building

For rent in this building

Recent sales and rentals

182 past sales and rentals in this building, with prices. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 St. Patrick Subway2 min walk
  • 🚇 TMU Subway8 min walk
  • 🚆 Toronto Union Station GO1.4 km

Within a 10-minute walk: 23 grocery stores, 518 cafés and restaurants, 28 parks, 31 pharmacies. Nearest grocery: Petra Ave Market (150 m). Nearest park: Children's Healing Garden (250 m).

Schools nearby

Elementary

  • Orde Street Public School
    EQAO: Gr 6 reading 89%, math 64%
    8 min walk
  • Cornerstone Preparatory School Private9 min walk
  • Beverley School11 min walk
  • Saint Michael's Choir School Catholic12 min walk

Secondary

  • Contact Alternative School5 min walk
  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%
    10 min walk
  • Subway Academy II Private11 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5G

Owners / renters
30% / 70%
Median household income
$67,500
Average age
34
Children under 15
8%
Homes
0% detached, 99% high-rise
Commute by transit
21%
Population
9,751

Languages spoken most at home besides English: Mandarin 9.1%, Yue (Cantonese) 2.9%, Arabic 2.8%, Korean 1.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Yonge-Bay Corridor (2025): 247% above the Toronto average, about the same from the year before.

  • Assault338% above average
  • Break and enter191% above average
  • Auto theft28% below average
  • Robbery283% above average
  • Theft from vehicles90% above average
  • Shootings47% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 24 active

  • 99 GERRARD ST W · 250 m
    Site Plan · Application Received · applied 2026
    Proposed interior alterations to repurpose the existing building to create 249 purpose built rental units.
    Application details
  • 206 SIMCOE ST · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposed development for the Canada Life Campus include: Retention of the existing office buildings with minor alterations at 330 University Avenue, 180 Simcoe…
    Application details
  • 67 ELM ST · 200 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposed 18 storey building containing 234 hotel suites and retail space.
    Application details
  • 130 ELIZABETH ST · 100 m
    Site Plan · NOAC Issued · applied 2025
    Site Plan Approval for a 15-storey building at 604-610 Bay Street and a 43-storey building at 130 Elizabeth Street. The proposed development integrates the…
    Application details
  • 250 DUNDAS ST W · 250 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Combined Official Plan Amendment (OPA) & Zoning By-law Amendment (ZBA) application for an increase in height from 49 to 57-storeys, a reduction in the required…
    Application details
  • 234 SIMCOE ST · 350 m
    Plan of Condominium · Draft Plan Approved · applied 2024
    Standard Draft Plan of Condominium for 17 non-residential units.
    Application details

32 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

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