PH 5502-50 Charles Street, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C13493642
About this home
Refined Luxury Above the City - Discover elevated living in this impeccably designed penthouse corner suite featuring over 1,700 sq. ft. of curated interiors and two sweeping terraces totalling 1,610 sq. ft. a perfect blend of grand entertaining and tranquil escape. With 10-foot ceilings and floor-to-ceiling windows framing captivating skyline views, the residence exudes sophistication through a bespoke chef's kitchen, custom finishes, and a gas fireplace. Steps from Yonge & Bloor, U of T, luxury boutiques, and transit, this home offers access to premier amenities including an infinity-edge pool, state-of-the-art fitness studio, and 24-hour concierge. Two parking spaces and two storage lockers complete this rare offering of urban elegance.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13493642
- Bedrooms
- 2
- Bathrooms
- 3 (1 half)
- Size
- 1600-1799
- Cross streets
- Yonge / Bloor
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,828/mo
- Exposure
- North West
- Property tax
- $13,144 / 2026
- Days on market
- 27
- Listing brokerage
- ROYAL LEPAGE/J & D DIVISION
Rooms
hardwood floor · double closet · window floor to ceiling
hardwood floor · combined w/living · window floor to ceiling
hardwood floor · walk-in closet(s) · 5 pc ensuite
hardwood floor · gas fireplace · w/o to terrace
marble counter · w/o to terrace · b/i appliances
marble floor · double closet · open concept
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.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 9% above the area average of $1,018/sqft.
On the market now.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,511,040 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,063
- Property tax
- $1,095
- Condo / maintenance fees
- $1,828
- Heating
- $0
- Estimated monthly cost
- $10,987
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,251
- Toronto municipal land transfer tax
- $34,251
- Estimated closing costs
- $68,502
Plus your down payment of $377,760. 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
- $483,808
- Principal paid down
- $192,431
- Interest paid
- $291,377
- Balance remaining
- $1,318,609
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 ROYAL LEPAGE/J & D DIVISION. MLS®/PropTx.