$499,000
Toronto
#1001 55 Charles Street East, Toronto (Church-Yonge Corridor), Ontario, M4Y0J1
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $499,000, it is attractively priced about 15% below the $588,000 median asking price in Toronto. It has been on the market 24 days, fresher than the Toronto average of 63 days.
Experience elevated downtown living in this exceptional one-bedroom residence at the coveted 55 Charles. This thoughtfully crafted suite features a spectacular private terrace that seamlessly extends your living space outdoors. Inside, soaring 9-foot ceilings and expansive floor-to-ceiling windows fill the home with natural light while showcasing stunning city views. The Cecconi Simone kitchen is beautifully appointed with integrated appliances, quartz countertops, and a custom built-in dining banquette, creating a sophisticated focal point for everyday living and hosting alike. The spacious bedroom is complemented by a well-designed semi-ensuite bathroom, offering both convenience and privacy. Additional upgrades include electric blinds throughout. Completed in 2024 by Mod Developments, 55 Charles delivers over 20,000 square feet of exceptional amenities. Residents enjoy 24-hour concierge service, a pet spa, state-of-the-art fitness, weight and spin studios, a yoga room, co-working spaces, elegant resident lounges, an event space with indoor and outdoor entertaining areas, barbecue terraces, tanning deck, guest suite, and the spectacular rooftop C-Lounge featuring a catering kitchen, dining area, and panoramic city views. Ideally situated just steps from Yorkville and Bloor Street's world-renowned boutiques, fine dining, and cafés, this premier address places the very best of Toronto at your doorstep. Enjoy convenient access to the Bloor-Yonge subway station, the Eaton Centre, Yonge-Dundas Square, the University of Toronto, Toronto Metropolitan University, George Brown College, Queen's Park, the hospital district, and Toronto's financial and entertainment centres. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 24 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Toronto (Church-Yonge Corridor) has been listed for 24 days, which is 39 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 8.0× the local median household income of $62,400.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 56% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4Y)
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