11 Charlotte Street Unit 2404, Toronto C01

Price: $563,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C12707732

Welcome to King Charlotte Condos in the heart of Torontos vibrant Entertainment District! This modern 1-bedroom suite on the 24th floor combines sleek design with unbeatable location, perfect for professionals, first-time buyers, or investors seeking strong rental appeal.The open-concept layout maximizes functionality, with floor-to-ceiling windows that fill the space with natural light and offer sweeping city views. The contemporary kitchen features stainless steel appliances, stone countertops, and a stylish backsplash, flowing seamlessly into the living area for effortless entertaining or cozy nights in. The bedroom is thoughtfully designed with room for a queen bed and storage, while the spa-inspired bathroom includes premium fixtures and finishes. In-suite laundry and efficient heating/cooling systems add everyday convenience.Residents of King Charlotte enjoy exceptional building amenities, including a rooftop outdoor pool with stunning skyline views, a well-equipped fitness centre, party room, concierge service, and secure entry. Maintenance fees cover essentials, and annual property taxes are reasonable.Situated at King & Spadina, this address places you steps from the city's best dining, nightlife, theatres, shopping, and transit. With a near-perfect Walk Score, everything you need is at your doorstep.Whether you're searching for a stylish home in the core or a high-demand investment property, this condo delivers the ultimate downtown lifestyle in one of Torontos most sought-after neighbourhoods.

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$563,000 - 11 Charlotte Street Unit 2404, Downtown Toronto

Condo for Sale in Downtown Toronto

160 days on market

Neighbourhood: Waterfront Communities C1

1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C12707732
Property Type
Condo
Status
active
Days on Site
160
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RARE REAL ESTATE
Description

Welcome to King Charlotte Condos in the heart of Torontos vibrant Entertainment District! This modern 1-bedroom suite on the 24th floor combines sleek design with unbeatable location, perfect for professionals, first-time buyers, or investors seeking strong rental appeal.The open-concept layout maximizes functionality, with floor-to-ceiling windows that fill the space with natural light and offer sweeping city views. The contemporary kitchen features stainless steel appliances, stone countertops, and a stylish backsplash, flowing seamlessly into the living area for effortless entertaining or cozy nights in. The bedroom is thoughtfully designed with room for a queen bed and storage, while the spa-inspired bathroom includes premium fixtures and finishes. In-suite laundry and efficient heating/cooling systems add everyday convenience.Residents of King Charlotte enjoy exceptional building amenities, including a rooftop outdoor pool with stunning skyline views, a well-equipped fitness centre, party room, concierge service, and secure entry. Maintenance fees cover essentials, and annual property taxes are reasonable.Situated at King & Spadina, this address places you steps from the city's best dining, nightlife, theatres, shopping, and transit. With a near-perfect Walk Score, everything you need is at your doorstep.Whether you're searching for a stylish home in the core or a high-demand investment property, this condo delivers the ultimate downtown lifestyle in one of Torontos most sought-after neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,888.48/mo

Includes CMHC insurance ($15,708)

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5-yr fixed avg.

Principal: $506,700Interest: $344,137
Mortgage Amount$522,408
Total Interest$344,137
Est. Property Tax$399/mo
Total Cost$866,545

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Waterfront Communities C1

Discover Waterfront Communities C1

Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Waterfront Communities C1

  • Convenient location in Downtown Toronto / Waterfront
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

11 Charlotte Street Unit 2404, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$399
Insurance (est.)-$117
Net Cash Flow+$869

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Negotiation Opportunity

At 160 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Waterfront Communities C1

I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,346 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    11 Charlotte Street Unit 2404 | $563,000 | Battaglia Team