$1,049,900

For sale

#3904 55 Charles Street East, Toronto (Church-Yonge Corridor) - Single Family for Sale

#3904 55 Charles Street East, Toronto (Church-Yonge Corridor), Ontario, M4Y0J1

2 beds2 baths0 parking750 ft²$653/mo condo feeListed 49 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 49 days, fresher than the Toronto average of 63 days.

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Description

Absolutely stunning brand new 2-bedroom, 2-bathroom modern condo in the prestigious 55C Bloor Yorkville Residences.** Live steps away from the vibrant Yonge and Yorkville area at this award-winning address. The building boasts a lavish lobby, state-of-the-art fitness center, co-working and party rooms, and a serene outdoor lounge complete with BBQs and fire pits. The top-floor C-Lounge impresses with soaring ceilings, a caterer's kitchen, and an outdoor terrace offering breathtaking city skyline views. Additional amenities include guest suites and close proximity to TTC, Bloor and Yonge stations. Minutes from the University of Toronto, Metropolitan Toronto University, Don Valley Parkway, hospitals, the ROM, Kensington Market, Queen's Park, restaurants, retail, and entertainment. (id:66096)

Property Details

MLS®: C13793390
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $653/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $6,658.59/yr
Listed: 49 days ago

Rooms

Main level

Living room: 9.84 x 12.07 meters
Primary Bedroom: 8.1 x 13.5 meters
Bathroom
Bedroom 2: 8.8 x 8.8 meters
Bathroom

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Window Coverings
Flooring: Porcelain Tile
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$1,401

List price

$1.05M

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 49 days, which is 14 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RE/MAX PREMIER INC. · SHAHEEN SHAUKAT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $1,049,900, about 16.8× the local median household income of $62,400.

Carrying it typically needs a household income of about $205,082 (20% down, 25-yr amortization, stress-tested) — roughly 229% 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)

$1,049,900· $1,401/ft²

For sale

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Full Cost Breakdown

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Down Payment7.62% · $79,990

Min 7.62%50%

Mortgage payment$5,377/mo

↳ CMHC premium ($38,796 capitalized)

Property tax (est.)$555/mo

Condo fee$653/mo

Total monthly$6,586

Cash Needed to Close

Down payment (7.62%)$79,990

Land transfer tax$34,946

Est. closing costs$5,650

Total cash needed$120,586

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