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    Toronto / Downtown / Bay Street Corridor

    1406 - 55 Charles St

    For Sale55C
    $1,345,000
    Price Cut: $1,450,000
    3 Beds
    2 Bath
    1 Parking
    1,000 - 1,199 SQFT
    75 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $839/mth
    Taxes:
    $0 (2024)
    Cost Per Sqft:
    $1,122 - $1,345/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    To Be Arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Large Window, Combined with Dining, Walkout To Balcony
    17.26 x 13.98ft
    Prim Bdrm
    Large Window, Double Closet, Ensuite Bath
    8.99 x 8.99ft
    Bathroom
    Stone Counter, 4 Piece Bath
    5.97 x 5.97ft

    About this Listing

    Experience a rare opportunity to live at Charles Streets most coveted address. Developed by the award-winning MOD Developments and designed by architects Alliance, this luxurious residence is just steps from Yonge & Yorkville, with high-end shopping minutes away. This thoughtfully designed three-bedroom suite features 9' smooth-finish ceilings, a spacious balcony, and upgraded custom sunshade and blackout blinds. Enjoy individually controlled heating and cooling for your comfort. Building amenities include an expansive lobby, 24-hour concierge service, a parcel room, and a pet spa. Stay active in the impressive 20,000 sq. ft. fitness facility, complete with a yoga studio, cardio and training areas, steam rooms, and change facilities. Take in the stunning views from the 55C Sky Lounge, featuring 20 ft. ceilings, outdoor seating, a Zen garden, a BBQ area, and a guest suite.

    union capital realtyMLS® #C9391056

    Amenities

    Concierge
    Party Room
    Sauna
    Gym Room
    Rooftop Deck

    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    55C vs The Bay Street Corridor Area

    Building Trends At 55C

    Days on Strata

    Units at 55C spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    15%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    195
    Units were Rented over the past twelve months

    Best Value Rank

    55C offers the
    ?
    N/A
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    55C has the
    ?
    N/A
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    55C yields the
    ?
    N/A
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    55C is the
    ?
    N/A
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 55 Charles Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$616,000No DataNo DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo Data$442No DataNo DataNo DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo DataNo DataNo DataNo DataNo DataNo Data
    Ratio of Units in Building8%33%22%26%1%12%1%

    Transactions vs Inventory

    Total number of units listed and sold in Bay Street Corridor