$499,990 - 55 Charles Street Unit 1413, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed todayNeighbourhood: Church-Yonge Corridor
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- MLS Number
- C14109168
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $4,600
- Maintenance Fees
- $439/mo
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- DREAM HOME REALTY INC.
Welcome to 55C Condos at 55 Charles St E, a stylish 1 bedroom, 1 bathroom residence of thoughtfully designed living space in the heart of downtown Toronto. This newly built by MOD Development features an open-concept layout with sleek laminate flooring, soaring high ceilings, and floor-to-ceiling windows that flood the unit with natural light. The ensuite bathroom provides modern comfort, while the efficient floor plan maximizes every square foot for everyday living. Residents enjoy world-class amenities, including a fully equipped gym, yoga studio, steam and sauna rooms, rooftop BBQ terrace, party and dining rooms, media lounge, meeting space, pet spa, guest suites, and 24-hour concierge with advanced security access. Located just steps from Yonge-Bloor Subway Station, this address offers unmatched convenience with shops, restaurants, cafes, groceries, parks, and the University of Toronto all within walking distance. Ideal for first-time buyers, professionals, or investors, this move-in ready suite delivers a perfect blend of modern design, luxurious amenities, and unbeatable location, an exceptional opportunity to own in one of Toronto's most coveted neighborhoods. Some photos may have been virtually staged. Furniture and décor shown are for illustration purposes only and do not represent the current condition of the property.
Estimate your monthly payments for this property
Estimated Payment
$2,565.21/mo
Includes CMHC insurance ($13,950)
5-yr fixed avg.
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.
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
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.
55 Charles Street Unit 1413, Regent Park / Cabbagetown / St. James Town
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1000/sqft, this property is priced in line with current Cabbagetown market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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. The $439/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 500 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.