$563,000

For sale

#2404 11 Charlotte Street, Toronto (Waterfront Communities) - Single Family for Sale

#2404 11 Charlotte Street, Toronto (Waterfront Communities), Ontario, M5V0M6

1 bed1 bath0 parking$505/mo condo feeListed 291 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale. Listed at $563,000, it is attractively priced about 11% below the $629,900 median asking price in Toronto.

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Description

Welcome to King Charlotte Condos in the heart of Torontos vibrant Entertainment District! This modern 1-bedroom suite on the 24th floor combines sleek design with unbeatable location, perfect for professionals, first-time buyers, or investors seeking strong rental appeal.The open-concept layout maximizes functionality, with floor-to-ceiling windows that fill the space with natural light and offer sweeping city views. The contemporary kitchen features stainless steel appliances, stone countertops, and a stylish backsplash, flowing seamlessly into the living area for effortless entertaining or cozy nights in. The bedroom is thoughtfully designed with room for a queen bed and storage, while the spa-inspired bathroom includes premium fixtures and finishes. In-suite laundry and efficient heating/cooling systems add everyday convenience.Residents of King Charlotte enjoy exceptional building amenities, including a rooftop outdoor pool with stunning skyline views, a well-equipped fitness centre, party room, concierge service, and secure entry. Maintenance fees cover essentials, and annual property taxes are reasonable.Situated at King & Spadina, this address places you steps from the city's best dining, nightlife, theatres, shopping, and transit. With a near-perfect Walk Score, everything you need is at your doorstep.Whether you're searching for a stylish home in the core or a high-demand investment property, this condo delivers the ultimate downtown lifestyle in one of Torontos most sought-after neighbourhoods. (id:66096)

Property Details

MLS®: C12707732
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $505/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,325/yr
Listed: 291 days ago

Features

Appliances: Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

291d

Toronto (Waterfront Communities) listings, avg age

57d

List price

$563K

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.

Haho

This 1-bed single family in Toronto (Waterfront Communities) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RARE REAL ESTATE · SAMUEL GALLOWAY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $563,000, about 6.2× the local median household income of $91,000.

Carrying it typically needs a household income of about $109,974 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$563,000

For sale

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Full Cost Breakdown

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Down Payment5.56% · $31,300

Min 5.56%50%

Mortgage payment$2,948/mo

↳ CMHC premium ($21,268 capitalized)

Property tax (est.)$194/mo

Condo fee$505/mo

Total monthly$3,647

Cash Needed to Close

Down payment (5.56%)$31,300

Land transfer tax$15,470

Est. closing costs$4,189

Total cash needed$50,959

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice