2206-42 Charles Street, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C12954486
About this home
This beautiful condo is steps from Yonge and Bloor, minutes away from Yorkville with fine dining and premier shopping. It is at the hub of both subway lines with walking distance to the University of Toronto, Toronto Metropolitan University, Queen's Park and Yorkdale. Immaculate one owner never rented studio is ready for the next professional, dynamic couple or student to make it home. Situated on the 22nd floor the layout and ease of this unit allows for peace, calm and quiet in the midst of hustling bustling Toronto. With no direct neighbors on either side of the unit, you have serenity and privacy with a total of 456 square feet-inside 359 and 97 square foot balcony. Your lifestyle costs can be kept down with the onsite ample sized gym, party, meeting and games rooms as well as outdoor heated pool, bbq and entertaining areas. Security with a 24 hour concierge. This unit has the option of being fully furnished with no extra cost if so desired. Reach out and take a look-it will not disappoint.
Key facts
- Property type
- Condo Apartment, Bachelor/Studio
- MLS®
- C12954486
- Bathrooms
- 1
- Size
- 0-499
- Cross streets
- Charles St. East & Hayden Street
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other
- Foundation
- Not Applicable
- Roof
- Other
- Maintenance
- $322/mo
- Exposure
- South West
- Property tax
- $2,357 / 2025
- Days on market
- 106
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
4 pc bath · ceramic floor
b/i appliances · backsplash · laminate
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts 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. Yonge St at Charles St East is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homes105 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Church-Yonge Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Yonge St at Charles St East, about 172 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $294,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,571
- Property tax
- $196
- Condo / maintenance fees
- $322
- Heating
- $0
- Estimated monthly cost
- $2,089
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $3,995
- Toronto municipal land transfer tax
- $3,995
- Estimated closing costs
- $7,990
Plus your down payment of $73,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $94,262
- Principal paid down
- $37,492
- Interest paid
- $56,770
- Balance remaining
- $256,908
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.