$465,000

$489,000For salePrice drop↓ $24,000 (5%)

#501 36 Charlotte Street, Toronto (Waterfront Communities) - Single Family for Sale

#501 36 Charlotte Street, Toronto (Waterfront Communities), Ontario, M5V3P7

1 bed1 bath0 parking650 ft²$650/mo condo feeListed 29 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $465,000, it is attractively priced about 26% below the $629,900 median asking price in Toronto. It has been on the market 29 days, fresher than the Toronto average of 57 days.

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Description

Welcome to this bright, spacious 665 sq. ft. 1-bedroom suite at Charlotte Lofts, one of King West's most sought-after boutique buildings. This corner-style unit offers a larger footprint than most comparables in the area, with an open-concept living/dining space, a versatile den/office with walkout to a private patio, and a well-appointed kitchen with stone counters. Enjoy resort-style building amenities including a rooftop deck, gym, and party room, all just steps from the King and Spadina streetcars with direct access to the subway and Union Station in minutes. Walk to Toronto's waterfront and the Martin Goodman Trail in under 20 minutes, or explore nearby green space at Clarence Square and Canoe Landing Park. You're also steps from the Financial District, Entertainment District theatres and cinemas, and some of King West's best restaurants, cafés, and boutique shopping. With a Walk Score near 100 and a Transit Score to match, this is true urban living at your doorstep. Utilities included in maintenance fees for worry-free ownership. A rare opportunity to own more space in one of the city's most walkable neighbourhoods. (id:66096)

Property Details

MLS®: C13874208
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 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
Condo Fee: $650/mo
Fee Includes: Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,534/yr
Listed: 29 days ago

Rooms

Main level

Living room: 5.36 x 2.59 meters
Dining room: 2.41 x 3.1 meters
Kitchen: 2.74 x 3.1 meters
Bedroom: 3.81 x 3.1 meters
Bathroom: 1.57 x 2.87 meters
Other: 2.92 x 2.49 meters
Foyer: 1.88 x 1.5 meters

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

Features

Flooring: Hardwood
Exterior: Concrete, Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$716

List price

$465K

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) has been listed for 29 days, which is 28 days fresher than the city average of 57. Act while there is still low competition.

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Listed by COLDWELL BANKER THE REAL ESTATE CENTRE · AMOL KAPOOR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $465,000, about 5.1× the local median household income of $91,000.

Carrying it typically needs a household income of about $90,831 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$465,000· $716/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,250

Min 5%50%

Mortgage payment$2,449/mo

↳ CMHC premium ($17,670 capitalized)

Property tax (est.)$211/mo

Condo fee$650/mo

Total monthly$3,310

Cash Needed to Close

Down payment (5%)$23,250

Land transfer tax$11,550

Est. closing costs$3,895

Total cash needed$38,695

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