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    Toronto / Downtown / King West

    507 - 8 Charlotte St

    For SaleCharlie
    $895,000
    1 Bed + 1
    2 Bath
    1 Parking
    800 - 899 SQFT
    1 Day on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $878/mth
    Taxes:
    $3,884 (2024)
    Cost Per Sqft:
    $996 - $1,119/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Other
    Heating
    Forced Air

    Room Dimensions

    Den
    9.68 x 8.01ft
    Bedroom
    11.16 x 8.76ft
    Dining
    10.66 x 19.33ft

    About this Listing

    Conveniently located at King/Spadina in the heart of Toronto's Entertainment & Fashion District. 2 bedroom + 2 bathroom converted into 1+ 1 open space concept that is easily revertible (see floorplan). 9 ft ceilings, located in the low-rise tower which has exclusive access to 4th elevator corner unit with windows along entire north and east walls. Upgraded, black burnt wood-grain texture laminated flooring planks. Award winning contemporary interior design of lobby and piano room by Cecconi Simone. Amenities include: yoga room and fully stocked fitness room ( including free weights, smith machine, cable cross over machine, deadlift bar, treadmills , stair masters, rowing machines, upper body and leg machines etc) outdoor swimming pool and patio with BBQs, pool lounge and sauna, piano room and media meeting room, concierge service and security. 42 sq ft patio, parking spot and locker.

    ExtrasFridge, Stove, Dishwasher, Microwave, Washer/Dryer*For Additional Property Details Click The Brochure Icon Below*

    ici source real asset services inc.MLS® #C11900626

    Amenities

    Sauna
    Visitor Parking
    Concierge
    Games Room
    Gym Room
    Outdoor Pool

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

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

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Charlie vs The King West Area

    Building Trends At Charlie

    Days on Strata

    Units at Charlie spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    55th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    34
    Units were Rented over the past twelve months

    Best Value Rank

    Charlie offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Charlie has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Charlie yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Charlie is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 8 Charlotte Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$650,000$620,000 - $748,000$739,000 - $1,115,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$1,172$1,004$1,145No DataNo DataNo Data
    Avg. Wait for Unit Availability826 Days127 Days45 Days66 Days198 Days977 DaysNo Data
    Ratio of Units in Building2%14%44%30%11%2%1%

    Transactions vs Inventory

    Total number of units listed and sold in King West