511-45 Charles Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13580982

$1,148,000
For Sale
Listed 4 days ago
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4Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to an exceptional opportunity at The Chaz- a rarely offered, expansive 3-bedroom + den corner suite that seamlessly blends luxury, space, and location. Spanning approximately 1253 with an intelligently designed layout, this bright southeast-facing unit boasts large 9 floor-to-ceiling windows that flood the living spaces with natural light throughout the day while overlooking the serene courtyard, offering a peaceful retreat in the heart of downtown. Recently refreshed and meticulously maintained by its original owner, the suite features newly upgraded flooring, fresh paint, & a large foyer with a versatile den space. The open-concept living & dining area is perfect for entertaining, leading into a modern chefs kitchen complete with a luxurious built-in paneled double-door fridge, stainless steel built-in appliances, quartz countertops, and an oversized island with breakfast bar w/ chic pot lighting. The oversized great room offers a flexible space ideal for gatherings or relaxing after a busy day. Retreat to the expansive primary bedroom featuring three double closets, an unobstructed south-facing view, and a spa-inspired custom 4-piece ensuite bathrm. The two additional bedrms are equally generous in size, each w/ large windows and ample closet space- an extremely rare find in a downtown condo. Enjoy a quiet living experience in a rare spacious condo, away from elevators and garbage chutes, offering the comforts of a house with the ease of condo living. This suite also comes with a premium locker & parking conveniently located on P2. Residents have exclusive access to first-class amenities including the private Chaz Club on the 36/37 floors with panoramic city & lake views, a fully equipped gym, billiards rm, theatre, party rm, pet spa, BBQ courtyard, and 3 luxurious guest suites. All of this in a AAA location- just steps to TTC subway, Yorkville's upscale boutiques, world-class dining, U of T, TMU & everything the vibrant Yonge-Bloor corridor has to offer!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13580982
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Yonge St and Bloor St E
Parking
1 garage (none)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,171/mo
Exposure
South East
Property tax
$7,343 / 2026
Days on market
4
Listing brokerage
THE KEY MARKET INC.

Rooms

Dining RoomFlat7.10 × 4.80 m

open concept · combined w/living · overlooks garden

Bedroom 3Flat3.40 × 2.40 m

large window · large closet

BathroomFlat0.00 × 0.00 m

4 pc bath · tile floor

BathroomFlat0.00 × 0.00 m

4 pc ensuite · tile floor

Bedroom 2Flat3.90 × 3.30 m

large window · large closet

KitchenFlat4.00 × 2.30 m

b/i appliances · panelled · quartz counter

FoyerFlat0.00 × 0.00 m

open concept · overlooks living · separate room

Primary BedroomFlat4.30 × 3.20 m

his and hers closets · 4 pc ensuite · large window

DenFlat0.00 × 0.00 m

open concept · vinyl floor

Living RoomFlat7.10 × 4.80 m

window floor to ceiling · w/o to balcony · sliding doors

Moe’s TakeTeam Asgarian · Broker
Above comparables
$863Kest. value

Listed at $1,148,000, this home is about 33% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Church-Yonge Corridor lately, sellers have been getting about 97% of asking and homes sell in about 32 days.

Based on 12 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 12 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.34M, higher than the comparables and worth a second look.

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 $776K
  • Size difference +$257K
  • Bedrooms +$27K
  • Adjusts to $1.06M

That comparable adjusts to $1.06M; the $863K estimate above is the median of all 12 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.

List price
$740KGreat deal$1.15MOverpriced

Total price vs nearby homes. Fair value about $863K, median of 12 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$880kavg asking

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

1504-12 York Street$879k1708-4101 Sheppard Avenue$458k101-1200 Don Mills Road$1.06M401-3 Southvale Drive$1.63M1511-320 Dixon Road$380k

The 5 closest of 6 active listings nearby.

See all comparable homes
1.15MThis home879k458k1.06M1.63M380kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $720K
$883this home / sqft
5active listings nearby
4days on market
100sold nearby · 90 days
$680Kmedian sold price
97%of asking, on average

This home lists 10% above the area average of $804/sqft.

3 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.

Bay Street Corridor
$506K
Moss Park
$528K
Waterfront Communities C8
$615K
Waterfront Communities C1
$616K
Niagara
$534K

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
$5,232/mo
$245KIncome needed
4.7×Price ÷ income
$1,207Weekly 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.

75%mortgage
Mortgage $5,232Property tax $612Condo fee $1,171Total carry $7,015

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,901per month

Mortgage amount $918,400 · 4.14% over 25 years

$229,600Down payment (20.0%)
$918,400Loan before insurance
$0CMHC premium
$6,684Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,901
Property tax
$612
Condo / maintenance fees
$1,171
Heating
$0
Estimated monthly cost
$6,684

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

One-time closing costs

Ontario land transfer tax
$19,435
Toronto municipal land transfer tax
$19,435
Estimated closing costs
$38,870

Plus your down payment of $229,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,953/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

$551,877Total interest paid
$1,470,277Total of all payments
Principal $918,400 Interest $551,877
YearPrincipalInterestBalance
1$21,515$37,296$896,885
2$22,415$36,396$874,470
3$23,352$35,459$851,118
4$24,329$34,482$826,788
5$25,347$33,464$801,442
6$26,407$32,404$775,034
7$27,512$31,299$747,523
8$28,662$30,149$718,860
9$29,861$28,950$688,999
10$31,110$27,701$657,888
11$32,412$26,399$625,477
12$33,767$25,044$591,709
13$35,180$23,631$556,529
14$36,651$22,160$519,878
15$38,185$20,627$481,693
16$39,782$19,029$441,912
17$41,446$17,365$400,466
18$43,179$15,632$357,286
19$44,985$13,826$312,301
20$46,867$11,944$265,434
21$48,828$9,984$216,606
22$50,870$7,941$165,736
23$52,998$5,813$112,739
24$55,215$3,597$57,524
25$57,524$1,287$0

At the end of your 5-year term

Total paid over the term
$294,055
Principal paid down
$116,958
Interest paid
$177,097
Balance remaining
$801,442

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$4,100/mo
$49,200Gross annual rent
1.9%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.

4.3%
Gross yield
− Property tax $7,343− Condo fees $14,055− Insurance $600− Vacancy & upkeep $5,412Net operating income $21,790

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE KEY MARKET INC.. MLS®/PropTx.

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