42 Charles Street Unit 2206, Toronto C08

Price: $368,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C12954486

This beautiful condo is steps from Yonge and Bloor, minutes away from Yorkville with fine dining and premier shopping. It is at the hub of both subway lines with walking distance to the University of Toronto, Toronto Metropolitan University, Queen's Park and Yorkdale. Immaculate one owner never rented studio is ready for the next professional, dynamic couple or student to make it home. Situated on the 22nd floor the layout and ease of this unit allows for peace, calm and quiet in the midst of hustling bustling Toronto. With no direct neighbors on either side of the unit, you have serenity and privacy with a total of 456 square feet-inside 359 and 97 square foot balcony. Your lifestyle costs can be kept down with the onsite ample sized gym, party, meeting and games rooms as well as outdoor heated pool, bbq and entertaining areas. Security with a 24 hour concierge. This unit has the option of being fully furnished with no extra cost if so desired. Reach out and take a look-it will not disappoint.

42 Charles Street Unit 2206 - Condo photo 1 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 2 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 3 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 4 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 5 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 6 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 7 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 8 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 9 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 10 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 11 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 12 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 13 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 14 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 15 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 16 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 17 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 18 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 19 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
42 Charles Street Unit 2206 - Condo photo 20 of 20 in Regent Park / Cabbagetown / St. James Town, Ontario
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$368,000 - 42 Charles Street Unit 2206, Cabbagetown

Condo for Sale in Cabbagetown

96 days on market

Neighbourhood: Church-Yonge Corridor

0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C12954486
Property Type
Condo
Status
active
Days on Site
96
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
South West
Balcony
Terrace
Listing Brokerage
RIGHT AT HOME REALTY
Description

This beautiful condo is steps from Yonge and Bloor, minutes away from Yorkville with fine dining and premier shopping. It is at the hub of both subway lines with walking distance to the University of Toronto, Toronto Metropolitan University, Queen's Park and Yorkdale. Immaculate one owner never rented studio is ready for the next professional, dynamic couple or student to make it home. Situated on the 22nd floor the layout and ease of this unit allows for peace, calm and quiet in the midst of hustling bustling Toronto. With no direct neighbors on either side of the unit, you have serenity and privacy with a total of 456 square feet-inside 359 and 97 square foot balcony. Your lifestyle costs can be kept down with the onsite ample sized gym, party, meeting and games rooms as well as outdoor heated pool, bbq and entertaining areas. Security with a 24 hour concierge. This unit has the option of being fully furnished with no extra cost if so desired. Reach out and take a look-it will not disappoint.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,888.03/mo

Includes CMHC insurance ($10,267)

$
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5-yr fixed avg.

Principal: $331,200Interest: $224,942
Mortgage Amount$341,467
Total Interest$224,942
Est. Property Tax$261/mo
Total Cost$566,409

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: Church-Yonge Corridor

Discover Church-Yonge Corridor

Church-Yonge Corridor 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 Church-Yonge Corridor

  • Convenient location in Regent Park / Cabbagetown / St. James Town
  • 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

Church-Yonge Corridor 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

42 Charles Street Unit 2206, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$261
Insurance (est.)-$77
Net Cash Flow+$1,447

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 96 days on site, this property has exceeded the typical selling timeline for Cabbagetown. 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 Church-Yonge Corridor

I know Church-Yonge Corridor 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.

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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    42 Charles Street Unit 2206 | $368,000 | Battaglia Team