409-42 Charles Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13461670

$699,000
For Sale
Listed 36 days ago
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2Bedrooms
1Bathrooms
1Parking
600-699Sq Ft

About this home

Luxury 2 Bedroom Unit-Casa 2, With Rare Parking Spot And Wrap Around 307 Sf Terrace! Unbeatable Urban Location: Steps To Yonge And Bloor, 2 Subway Lines, Bloor Street Shopping, UofT, Yorkville, Restaurants And Grocery Stores!! Soaring 20Ft Lobby, State Of The Art Amenities Floor Including Fully Equipped Gym, Rooftop Lounge, And Outdoor Infinity Pool.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13461670
Bedrooms
2
Bathrooms
1
Size
600-699
Cross streets
Yonge / Bloor
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$634/mo
Exposure
South East
Property tax
$3,687 / 2025
Days on market
36
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

BedroomFlat2.75 × 2.67 m

Hardwood Floor

BedroomFlat2.70 × 2.80 m

Hardwood Floor

KitchenFlat0.00 × 0.00 m

open concept · hardwood floor · window floor to ceiling

Dining RoomFlat6.56 × 3.91 m

combined w/living · hardwood floor · window floor to ceiling

Living RoomFlat6.45 × 3.89 m

combined w/dining · hardwood floor · window floor to ceiling

Our TakeTeam Asgarian · Broker
Above comparables
$615Kest. value

Listed at $699,000, and my independent estimate is about 14% above what comparable homes suggest.

In Church-Yonge Corridor lately, sellers get about 96% of asking; homes sell in ~32 days.

List price
$585KGreat deal$699KOverpriced

Total price vs nearby homes. Fair value about $615K, median of 6 comparables.

How this estimate is builtthe short version

I take the 6 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 $572K, a close match.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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.

Based on 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$581kavg asking

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

3408-42 Charles Street$649k1512-85 Wood Street$600k509-42 Charles Street$499k2402-28 Ted Rogers Way$499k2913-77 Shuter Street$659k

The 5 closest of 8 active listings nearby.

See all comparable homes
699kThis home649k600k499k499k659kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $589K
$1,076this home / sqft
66active listings nearby
36days on market
99sold nearby · 90 days
$628Kmedian sold price
96%of asking, on average

This home lists 19% above the area average of $908/sqft.

35 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.

Nearby neighbourhoods

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

Annex
$2.03M
Waterfront Communities C1
$624K
Moss Park
$784K
Waterfront Communities C8
$575K
Niagara
$575K

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
$3,186/mo
$147KIncome needed
4.8×Price ÷ income
$735Weekly 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.

77%mortgage
Mortgage $3,186Property tax $307Condo fee $634Total carry $4,127

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)
$2,984per month

Mortgage amount $559,200 · 4.14% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,925Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,984
Property tax
$307
Condo / maintenance fees
$634
Heating
$0
Estimated monthly cost
$3,925

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,624/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

$336,030Total interest paid
$895,230Total of all payments
Principal $559,200 Interest $336,030
YearPrincipalInterestBalance
1$13,100$22,709$546,100
2$13,648$22,161$532,452
3$14,219$21,590$518,233
4$14,814$20,995$503,419
5$15,433$20,376$487,986
6$16,079$19,730$471,907
7$16,751$19,058$455,155
8$17,452$18,357$437,703
9$18,182$17,627$419,521
10$18,943$16,866$400,578
11$19,735$16,074$380,843
12$20,561$15,249$360,283
13$21,421$14,389$338,862
14$22,317$13,493$316,546
15$23,250$12,559$293,296
16$24,222$11,587$269,073
17$25,236$10,573$243,838
18$26,291$9,518$217,546
19$27,391$8,418$190,155
20$28,537$7,272$161,619
21$29,730$6,079$131,888
22$30,974$4,835$100,914
23$32,270$3,540$68,645
24$33,619$2,190$35,026
25$35,026$784$0

At the end of your 5-year term

Total paid over the term
$179,046
Principal paid down
$71,214
Interest paid
$107,832
Balance remaining
$487,986

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
1.4%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.

3.5%
Gross yield
− Property tax $3,687− Condo fees $7,608− Insurance $600− Vacancy & upkeep $2,706Net operating income $9,999

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

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