1203-55 Charles Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13211712

$985,000
For Sale
Listed 56 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

An exceptional 3-bedroom, 2-bathroom residence in the heart of Church-Yonge Neighbourhood. This luxury condominium delivers elevated design, refined finishes, and a truly prestigious lifestyle. Designed for modern urban living, the suite features sophisticated interiors, premium materials, and a seamless blend of comfort and elegance throughout. From the moment you enter, the home makes a striking impression with its upscale aesthetic, high-end detailing, and polished contemporary feel. Every element has been curated to offer a sense of effortless luxury, making this residence both functional and beautiful. Included with the unit are 1 parking space and 1 locker for added convenience. Residents enjoy access to an extraordinary collection of luxury amenities, including multiple sky lounges that create an elevated living experience above the city. Set within one of Toronto's most iconic neighbourhoods, this address places you steps from designer boutiques, luxury automotive showrooms, acclaimed dining, and celebrated cultural destinations. A rare opportunity to experience sophisticated condo living in one of the city's most exclusive and internationally recognized enclaves.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13211712
Bedrooms
3
Bathrooms
2
Size
1000-1199
Cross streets
church st/ bloor st E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Maintenance
$882/mo
Exposure
North East
Property tax
$8,850 / 2025
Days on market
56
Listing brokerage
RE/MAX METROPOLIS REALTY
Our TakeTeam Asgarian · Broker
Above comparables
$910Kest. value

Listed at $985,000, and my independent estimate is about 8% above what comparable homes suggest.

In Church-Yonge Corridor lately, sellers get about 97% of asking; homes sell in ~33 days.

List price
$830KGreat deal$985KOverpriced

Total price vs nearby homes. Fair value about $910K, median of 50 comparables.

How this estimate is builtthe short version

I take the 50 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.51M, higher than the comparables and worth a second look.

Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($896/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Church-Yonge Corridor, so I widened the search to the surrounding area.

Based on 50 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$450kavg asking

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

907-10 Stonehill Court$450k808-25 Town Centre Court$550k1006-100 Dundalk Drive$350k

The 3 closest active listings nearby.

See all comparable homes
985kThis home450k550k350kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $679K
$896this home / sqft
55active listings nearby
56days on market
100sold nearby · 90 days
$673Kmedian sold price
97%of asking, on average

This home lists 6% below the area average of $953/sqft.

On the market now.

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.

Nearby neighbourhoods

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

Bay Street Corridor
$638K
Moss Park
$894K
Waterfront Communities C1
$578K
Niagara
$550K
Mimico
$524K

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
$4,489/mo
$216KIncome needed
4.6×Price ÷ income
$1,036Weekly 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.

73%mortgage
Mortgage $4,489Property tax $737Condo fee $882Total carry $6,109

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,205per month

Mortgage amount $788,000 · 4.14% over 25 years

$197,000Down payment (20.0%)
$788,000Loan before insurance
$0CMHC premium
$5,825Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,205
Property tax
$738
Condo / maintenance fees
$882
Heating
$0
Estimated monthly cost
$5,825

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

One-time closing costs

Ontario land transfer tax
$16,175
Toronto municipal land transfer tax
$16,175
Estimated closing costs
$32,350

Plus your down payment of $197,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,107/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

$473,518Total interest paid
$1,261,518Total of all payments
Principal $788,000 Interest $473,518
YearPrincipalInterestBalance
1$18,460$32,001$769,540
2$19,232$31,228$750,308
3$20,037$30,424$730,271
4$20,875$29,586$709,396
5$21,748$28,713$687,648
6$22,658$27,803$664,990
7$23,605$26,855$641,385
8$24,593$25,868$616,792
9$25,621$24,839$591,171
10$26,693$23,768$564,477
11$27,810$22,651$536,668
12$28,973$21,488$507,695
13$30,185$20,276$477,510
14$31,447$19,013$446,062
15$32,763$17,698$413,300
16$34,133$16,327$379,166
17$35,561$14,900$343,605
18$37,048$13,412$306,557
19$38,598$11,863$267,959
20$40,213$10,248$227,746
21$41,895$8,566$185,851
22$43,647$6,814$142,204
23$45,473$4,988$96,731
24$47,375$3,086$49,356
25$49,356$1,104$0

At the end of your 5-year term

Total paid over the term
$252,304
Principal paid down
$100,352
Interest paid
$151,952
Balance remaining
$687,648

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$3,400/mo
$40,800Gross annual rent
1.7%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.

4.1%
Gross yield
− Property tax $8,850− Condo fees $10,588− Insurance $600− Vacancy & upkeep $4,488Net operating income $16,275

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

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