1001-55 Charles Street, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C13029678
About this home
Elevate your lifestyle with this truly unique one-bedroom residence, featuring a magnificent private terrace that brings the outdoors in. This home is an entertainer's dream. The open-concept living space is accentuated by 9-foot ceilings and floor-to-ceiling windows that frame iconic city views. At the heart of the home is a stunning Cecconi Simone kitchen with streamlined appliances, quartz countertops, and a built-in dining bench. The tranquil bedroom adjoins a clever 4-piece "Jack and Jill" semi-ensuite bathroom, perfect for couples with busy mornings. As a resident of 55C, you'll have access to over 20,000 square feet of world-class amenities, from the state-of-the-art fitness centre to the rooftop lounge and 24/7 concierge. Just a 5-minute walk to the Bloor-Yonge subway, you are perfectly connected to everything Toronto has to offer.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13029678
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- CHURCH AND CHARLES ST E
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $449/mo
- Exposure
- South West
- Days on market
- 92
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
stainless steel appl · laminate · combined w/living
laminate · w/o to balcony · open concept
4 pc bath · semi ensuite
laminate · window · double closet
Listed at $549,900, this home is about 13% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Below comparable homes on total price, yet the price per square foot ($1,001/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
In Church-Yonge Corridor lately, sellers have been getting about 96% of asking and homes sell in about 32 days.
There were not many closely comparable homes right in Church-Yonge Corridor, so I widened the search to the surrounding area.
Based on 3 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 3 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.
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, sold for $630K
- Adjusts to $630K
That comparable adjusts to $630K; the $630K estimate above is the median of all 3 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
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.
Total price vs nearby homes. Fair value about $630K, median of 3 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.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 3% below the area average of $1,032/sqft.
91 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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $439,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,348
- Property tax
- $344
- Condo / maintenance fees
- $449
- Heating
- $0
- Estimated monthly cost
- $3,140
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,473
- Toronto municipal land transfer tax
- $7,473
- Estimated closing costs
- $14,946
Plus your down payment of $109,980. 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
- $140,855
- Principal paid down
- $56,024
- Interest paid
- $84,831
- Balance remaining
- $383,896
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.