Chestnut Park Condos Condos in Toronto E09

55 Centre, Toronto C01

65

Total Units

0

For Sale

0

For Rent

8

Sold

29

Leased

$441K

Avg Price

36

Days (Sale)

25

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
65
Condo Demand:
High
Unit Availability:
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 1,199 SQFT
Property Management:
Brilliant Property Management Inc.

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$543K

Lowest Sale (12mo)

$335K

Median Maintenance

$892/mo

Year Built

Market statistics for Chestnut Park Condos will be published as transaction activity is recorded in this area.

Market Intelligence

Price per sqft analysis and trends

Chestnut Park Condos

Sale PSF

$633/sqft

7 sales

Lease PSF

$3.55/sqft/mo

27 leases

Bendale

Sale PSF

$567/sqft

8 sales

Lease PSF

$3.03/sqft/mo

15 leases

Toronto E09

Sale PSF

$553/sqft

18 sales

Lease PSF

$3.31/sqft/mo

1 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Price Per Sqft Trends

Avg:$650/sqft
Range: $444 - $861/sqft
$500$600$700$800Feb 24May 24Aug 24Nov 24Feb 25May 25Aug 25Nov 252024-02-26 Price: $717,000 Size: 1060 sqft PSF: $676.42/sqft2024-05-08 Price: $430,000 Size: 550 sqft PSF: $781.82/sqft2024-06-27 Price: $715,000 Size: 1100 sqft PSF: $650.00/sqft2025-01-03 Price: $689,000 Size: 1100 sqft PSF: $626.36/sqft2025-03-12 Price: $490,000 Size: 850 sqft PSF: $576.47/sqft2025-05-12 Price: $408,800 Size: 550 sqft PSF: $743.27/sqft2026-01-05 Price: $542,750 Size: 1100 sqft PSF: $493.41/sqftSale PSF ($)
Exact sqft
Estimated
Fallback
Avg

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Chestnut Park CondosThis Building
6333.55/mo727
Bendale
567+12%3.03/mo+17%815
Toronto E09
553+14%3.31/mo+7%181
Toronto
788-20%3.85/mo-8%8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Market Analysis

Sale prices at Chestnut Park Condos average $633/sqft, which is significantly above the Bendale community average of $567/sqft (+12%).

This represents good value compared to the broader Toronto area ($788/sqft).

Rental rates are strong at $3.55/sqft monthly, 17% above the community average, with strong rental yield of 6.7%.

The building has seen 7 sales and 27 leases in recent transactions, indicating moderate market activity.

Avg Sale PSF

$633

Avg Lease PSF

$3.55/mo

Gross Yield

6.7%

Transactions

34

Investment Analysis

Est. Monthly Rent

$2,723

Based on $3.55/sqft

Gross Yield

6.73%

Strong Yield

Before expenses

Net Yield

3.89%

Moderate Yield

After expenses

Years to Recover

14.9

Via rental income

vs Bendale
+0.32%

Bendale avg: 6.42%

vs Toronto E09
-0.45%

Toronto E09 avg: 7.18%

Avg. Monthly Operating Costs

Maintenance: $946/mo
Property Tax: $203/mo

Building PSF Range

$3Avg: $633/sqft$782

💡 Investment Insight: Chestnut Park Condos offers strong rental yield at 6.73%, making it attractive for cash flow investors. Operating costs reduce yield by 2.84% - consider maintenance fees when evaluating.

Parking & Locker Values

Parkingbuilding

Purchase

N/A

Monthly Lease

$200/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

Bike Storage
Concierge
Elevator
Party Room/Meeting Room
Rooftop Deck/Garden
Security System
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsHeatParkingWater

Building Reviews

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About Chestnut Park Condos Condos

Chestnut Park Condos is a premier condominium located at 55 Centre, Toronto C01 in Toronto E09. This 65-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 37 units available at Chestnut Park Condos, with prices averaging around $441K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Chestnut Park Condos stands out in Toronto E09's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at Chestnut Park Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: Bendale, Toronto E09 and the Toronto area.

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