Looking for condos for sale in Toronto under 350K? Finding an affordable home in the city is possible with a variety of budget-friendly options. Whether you’re looking to buy or lease, these condos provide great investment potential and access to Toronto’s best amenities.

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901 55 Centre Avenue
Bay Street Corridor Toronto M5G 2H5

$349,900
Residential Condo & Other beds: 1 baths: 1.0

Main Photo: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 1: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 2: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 3: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 4: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 5: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 6: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 7: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 8: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 9: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 10: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 11: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 12: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 13: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 14: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 15: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Photo 16: 901 55 Centre Avenue in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12518694
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12518694
Bedrooms:
1
Bathrooms:
1
In the Heart of Downtown Toronto! Discover this bright and spacious one-bedroom residence in the highly desirable Chestnut Park community. Perfectly situated just steps from the University of Toronto, Toronto Metropolitan University (Ryerson), George Brown College, and OCAD University, as well as major hospitals, premier shopping, the Financial District, Chinatown, Yonge Street, and Yorkville. Experience the best of downtown living at an exceptional value. Don't miss this incredible opportunity!
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
500-599
Exposure:
North
Bedrooms:
1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
4
Rooms Below Grade:
1
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
9
Balcony:
None
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$639.76
Maintenance fees include:
Heat Included, Common Elements Included, Building Insurance Included, Water Included, CAC Included
Taxes:
$1,852.6 / 2024
Assessment:
$- / -
Toronto
Toronto C01
Bay Street Corridor
None
Concierge/Security
Yes-with Restrictions
All Elf, Stove, Dishwasher, Fridge, Washer & Dryer. Window Coverings.
Brick
Floor
Type
Size
Other
Main
Living Room
19'6¼" × 11'
Laminate
Main
Dining Room
19'6¼" × 11'
Laminate
Main
Primary Bedroom
11' × 6'4"
4 Pc Ensuite, Laminate
Main
Kitchen
8' × 6'1"
Main
Den
6'6¾" × 6'6¾"
Laminate
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Condo Corporation Number:
868
Property Management Company:
Brilliant Property Management 416-623-3477
Date Listed:
Nov 06, 2025
Original Price:
Previous Price:
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Listed by CENTURY 21 LEADING EDGE REALTY INC.
Data was last updated November 12, 2025 at 04:15 AM (UTC)
Area Statistics
Listings on market:
221
Avg list price:
$749,000
Min list price:
$349,900
Max list price:
$6,998,000
Avg days on market:
47
Min days on market:
1
Max days on market:
630
These statistics are generated based on the current listing's property type and located in Bay Street Corridor. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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Why Buy a Condo in Toronto Under 350K?

Buying or leasing a condo under $350K in Toronto comes with many benefits:

  • Affordable Homeownership – A budget-friendly entry into Toronto’s real estate market.
  • Prime City Location – Access to transit, shopping, entertainment, and job opportunities.
  • Great Investment Potential – High demand for rentals ensures strong resale value.
  • Low Maintenance Living – Enjoy modern amenities and hassle-free upkeep.

Top Areas with Condos for Sale in Toronto Under 350K

North York – Affordable & Well-Connected

A great option for buyers looking for budget-friendly condos with easy TTC access and local shopping.

Scarborough – Scenic & Cost-Effective

This area offers affordable waterfront and high-rise living, making it ideal for first-time buyers.

Etobicoke – Suburban Comfort in the City

A mix of modern condo developments and older units at competitive prices.

Find Condos for Sale & Lease in Toronto Under $350K

Browse available condos for sale in Toronto under $350K today. Whether you’re looking for a starter home, an investment property, or a rental, you’ll find a variety of options to suit your needs.

Explore More GTA Homes:

Each link provides updated listings and expert insights.Start exploring and find the condo that best suits your needs and preferences.

FAQs – Condos for Sale in Toronto Under 350K

1. Are there condos available in Toronto for under $350,000?
Yes, you can find studio and one-bedroom condos in select neighborhoods, especially in older buildings or developing areas.

2. Which areas in Toronto offer condos under $350K?
Look in neighborhoods like Scarborough, North York, and parts of Etobicoke for affordable condo options within this price range.

3. What are the typical features of condos under $350K?
These units often include open layouts, essential appliances, shared amenities, and are usually smaller in square footage.

4. Are condos under $350K good investment options?
Yes, affordable condos are great entry points for first-time buyers and can offer rental income potential due to high demand.

5. Do condos under $350K require high maintenance fees?
Maintenance fees vary by building. Some older buildings may have higher fees, so it’s essential to review before purchasing.