3609-42 Charles Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C12825316

$485,000
For Sale
Listed 141 days ago
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft

About this home

Welcome to the Luxurious CASA 2 Condo at Yonge & BloorLocated in the heart of downtown Toronto.This stunning condo offers unmatched convenience and lifestyle.Just steps to the Yonge-Bloor Station, providing easy access to both subway lines. Enjoy world-class shopping and dining in the nearby Yorkville area. The location is ideal for students and professionals, with University of Toronto and Toronto Metropolitan University just minutes away. Residents enjoy an impressive selection of hotel-inspired amenities, including:Fully equipped state-of-the-art fitness centre Outdoor swimming pool with pool deck and BBQ area , Rooftop lounge, perfect for entertaining . Game room, 24-hour concierge service, Visitor parking.CASA 2 features two levels of luxury amenities, designed to provide residents with a comfortable and vibrant urban lifestyle.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12825316
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Yonge & Bloor
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$430/mo
Exposure
East
Property tax
$3,179 / 2025
Days on market
141
Listing brokerage
JDL REALTY INC.

Rooms

Dining RoomMain4.95 × 3.05 m

laminate · open concept · combined w/living

KitchenMain4.95 × 3.05 m

laminate · corian counter · combined w/dining

Primary BedroomMain3.25 × 2.74 m

laminate · large closet · sliding doors

Living RoomMain4.95 × 3.05 m

laminate · east view · picture window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$399Kest. value

Listed at $485,000, this home is about 22% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 17 similar homes nearby, adjusted for size, beds, and baths.Median of 17 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $623K, higher than the comparables and worth a second look.

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 $435K
  • Adjusts to $435K

That comparable adjusts to $435K; the $399K estimate above is the median of all 17 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$364KGreat deal$485KOverpriced

Total price vs nearby homes. Fair value about $399K, median of 17 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
$455kavg asking

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

2611-77 Shuter Street$489k3105-28 Wellesley Street$460k1101-89 Church Street$449k4110-252 Church Street$440k706-28 Wellesley Street$438k

The 5 closest of 8 active listings nearby.

See all comparable homes
485kThis home489k460k449k440k438kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $399K
$1,944this home / sqft
17active listings nearby
141days on market

This home lists 22% above the area average of $1,593/sqft.

140 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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
$929K
Waterfront Communities C1
$765K
Mimico
$872K
Willowdale East
$489K
Bayview Village
$748K

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
$2,210/mo
$105KIncome needed
4.6×Price ÷ income
$510Weekly 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.

76%mortgage
Mortgage $2,210Property tax $265Condo fee $430Total carry $2,905

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,071per month

Mortgage amount $388,000 · 4.14% over 25 years

$97,000Down payment (20.0%)
$388,000Loan before insurance
$0CMHC premium
$2,765Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,071
Property tax
$265
Condo / maintenance fees
$430
Heating
$0
Estimated monthly cost
$2,765

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

One-time closing costs

Ontario land transfer tax
$6,175
Toronto municipal land transfer tax
$6,175
Estimated closing costs
$12,350

Plus your down payment of $97,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,515/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

$233,154Total interest paid
$621,154Total of all payments
Principal $388,000 Interest $233,154
YearPrincipalInterestBalance
1$9,090$15,757$378,910
2$9,470$15,376$369,441
3$9,866$14,980$359,575
4$10,278$14,568$349,297
5$10,708$14,138$338,588
6$11,156$13,690$327,432
7$11,623$13,223$315,809
8$12,109$12,737$303,700
9$12,616$12,230$291,084
10$13,143$11,703$277,941
11$13,693$11,153$264,248
12$14,266$10,580$249,982
13$14,863$9,984$235,119
14$15,484$9,362$219,635
15$16,132$8,714$203,503
16$16,807$8,039$186,696
17$17,510$7,336$169,186
18$18,242$6,604$150,944
19$19,005$5,841$131,939
20$19,800$5,046$112,139
21$20,628$4,218$91,510
22$21,491$3,355$70,019
23$22,390$2,456$47,629
24$23,327$1,519$24,302
25$24,302$544$0

At the end of your 5-year term

Total paid over the term
$124,231
Principal paid down
$49,412
Interest paid
$74,819
Balance remaining
$338,588

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$2,300/mo
$27,600Gross annual rent
3.2%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.

5.7%
Gross yield
− Property tax $3,179− Condo fees $5,160− Insurance $600− Vacancy & upkeep $3,036Net operating income $15,625

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

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