



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$499,990
Toronto
#1413 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 $499,990, it is attractively priced about 15% below the $588,000 median asking price in Toronto. It has been on the market 14 days, fresher than the Toronto average of 63 days.
Welcome to 55C Condos at 55 Charles St E, a stylish 1 bedroom, 1 bathroom residence of thoughtfully designed living space in the heart of downtown Toronto. This newly built by MOD Development features an open-concept layout with sleek laminate flooring, soaring high ceilings, and floor-to-ceiling windows that flood the unit with natural light. The ensuite bathroom provides modern comfort, while the efficient floor plan maximizes every square foot for everyday living. Residents enjoy world-class amenities, including a fully equipped gym, yoga studio, steam and sauna rooms, rooftop BBQ terrace, party and dining rooms, media lounge, meeting space, pet spa, guest suites, and 24-hour concierge with advanced security access. Located just steps from Yonge-Bloor Subway Station, this address offers unmatched convenience with shops, restaurants, cafes, groceries, parks, and the University of Toronto all within walking distance. Ideal for first-time buyers, professionals, or investors, this move-in ready suite delivers a perfect blend of modern design, luxurious amenities, and unbeatable location, an exceptional opportunity to own in one of Toronto's most coveted neighborhoods. Some photos may have been virtually staged. Furniture and décor shown are for illustration purposes only and do not represent the current condition of the property. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 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 14 days, which is 49 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 $499,990, about 8.0× the local median household income of $62,400.
Carrying it typically needs a household income of about $97,666 (20% down, 25-yr amortization, stress-tested) — roughly 57% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4Y)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice