2305-50 Charles Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C12731702

$669,000
For Sale
Listed 171 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Casa III - Stunning 2-Bedroom Southwest Corner Unit with a Massive Wrap-Around Balcony! Total 964 Sq. Ft. (690 Sq. Ft. Suite + 274 Sq. Ft. Balcony). Located on a High Floor Offering Breathtaking Southwest Views Filled with Natural Light and Sunshine. Freshly Painted Throughout, Featuring Floor-to-Ceiling Windows, 9-Ft Ceilings, and a Modern Kitchen. Enjoy Premium Amenities Across Two Floors Including a Rooftop Pool, BBQ Area, Fitness Centre, and 24/7 Concierge. Steps to Yorkville, Bloor Street Shops, U of T, TMU (Ryerson), DVP, and Two Subway Lines. One Parking Space Included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12731702
Bedrooms
2
Bathrooms
1
Size
600-699
Cross streets
Yonge St & Bloor St E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$830/mo
Exposure
South West
Property tax
$4,313 / 2025
Days on market
171
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenFlat3.89 × 4.65 m

laminate · open concept · stainless steel appl

Primary BedroomFlat2.94 × 2.87 m

laminate · window · closet

Bedroom 2Flat2.56 × 3.23 m

laminate · window · closet

Living RoomFlat3.89 × 4.65 m

laminate · combined w/dining · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$581Kest. value

Listed at $669,000, this home is about 15% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 30 similar homes nearby, adjusted for size, beds, and baths.Median of 30 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $679K, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $499K
  • Adjusts to $499K

That comparable adjusts to $499K; the $581K estimate above is the median of all 30 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Bloor St East at Church St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$499KGreat deal$669KOverpriced

Total price vs nearby homes. Fair value about $581K, median of 30 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$634kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

4908-101 Charles Street$680k3408-42 Charles Street$649k3302-28 Wellesley Street$620k5905-197 Yonge Street$613k220-92 King Street$610k

The 5 closest of 8 active listings nearby.

See all comparable homes
669kThis home680k649k620k613k610kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $599K
$1,030this home / sqft
61active listings nearby
171days on market

This home lists 13% above the area average of $908/sqft.

170 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Church-Yonge Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

88/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Bloor St East at Church St, about 170 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Annex
$1.39M
Waterfront Communities C8
$998K
Waterfront Communities C1
$688K
Banbury-Don Mills
$500K
Mimico
$800K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Jesse Ketchum Junior and Senior Public School
87%
Jesse Ketchum Junior and Senior Public SchoolPublic · Elementary · 0.8 km awayHigher-rated than most nearby · 87% meet the provincial standard

Affordability & Mortgage

Affordability
$3,049/mo
$147KIncome needed
4.5×Price ÷ income
$704Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

72%mortgage
Mortgage $3,049Property tax $359Condo fee $830Total carry $4,238

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,856per month

Mortgage amount $535,200 · 4.14% over 25 years

$133,800Down payment (20.0%)
$535,200Loan before insurance
$0CMHC premium
$4,045Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,856
Property tax
$359
Condo / maintenance fees
$830
Heating
$0
Estimated monthly cost
$4,045

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$9,855
Toronto municipal land transfer tax
$9,855
Estimated closing costs
$19,710

Plus your down payment of $133,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,469/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$321,608Total interest paid
$856,808Total of all payments
Principal $535,200 Interest $321,608
YearPrincipalInterestBalance
1$12,538$21,734$522,662
2$13,062$21,210$509,600
3$13,609$20,664$495,991
4$14,178$20,094$481,813
5$14,771$19,501$467,042
6$15,389$18,883$451,653
7$16,033$18,240$435,621
8$16,703$17,569$418,918
9$17,402$16,871$401,516
10$18,130$16,143$383,386
11$18,888$15,384$364,498
12$19,678$14,594$344,820
13$20,501$13,771$324,319
14$21,359$12,914$302,960
15$22,252$12,020$280,708
16$23,183$11,089$257,525
17$24,153$10,120$233,372
18$25,163$9,109$208,210
19$26,215$8,057$181,994
20$27,312$6,960$154,682
21$28,454$5,818$126,228
22$29,645$4,628$96,583
23$30,885$3,388$65,699
24$32,176$2,096$33,522
25$33,522$750$0

At the end of your 5-year term

Total paid over the term
$171,362
Principal paid down
$68,158
Interest paid
$103,204
Balance remaining
$467,042

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
1.0%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.7%
Gross yield
− Property tax $4,313− Condo fees $9,958− Insurance $600− Vacancy & upkeep $2,706Net operating income $7,022

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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