$649,000

For sale

#3408 42 Charles Street East, Toronto (Church-Yonge Corridor) - Single Family for Sale

#3408 42 Charles Street East, Toronto (Church-Yonge Corridor), Ontario, M4Y0B7

2 beds1 bath0 parking650 ft²$561/mo condo feeListed 57 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 57 days, fresher than the Toronto average of 63 days.

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Description

Welcome to 42 Charles Street East, Unit 3408! This luxurious 2-bedroom corner suite offers an exceptional blend of style, comfort, and breathtaking city views. Featuring soaring 9-ft ceilings, southeast exposure, and an abundance of natural light, the suite is freshly painted and move-in ready. Step outside to enjoy an impressive 307 sq. ft. of wraparound balcony space-perfect for entertaining or taking in the stunning Toronto skyline. Total 932 sq.ft. (625 sq.ft. Suite + 307 sq.ft. Balcony). Ideally located in the heart of downtown near Yonge & Bloor, with easy access to U of T, Toronto Metropolitan University, upscale shopping, renowned restaurants, cafés, and the Entertainment District. Enjoy an impressive array of resort-style amenities, including a fully equipped fitness centre, billiards/games room, rooftop lounge, outdoor infinity pool with pool deck and BBQs, and 24-hour security. A rare opportunity to enjoy luxury downtown living in one of Toronto's most sought-after locations! (id:66096)

Property Details

MLS®: C13765616
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $561/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,112.79/yr
Listed: 57 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$999

List price

$649K

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 2-bed single family in Toronto (Church-Yonge Corridor) has been listed for 57 days, which is 6 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · KAMBIZ FARSIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $649,000, about 10.4× the local median household income of $62,400.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 103% above the area median.

Median household income: $62,400
Population: 36,319
Median age: 33.2
Owner / renter: 29% / 72%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA M4Y)

$649,000· $999/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$343/mo

Condo fee$561/mo

Total monthly$4,281

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$18,910

Est. closing costs$4,447

Total cash needed$63,257

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