$1,649,000 - 55 Charles Street Unit TH10, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 3 days agoNeighbourhood: Church-Yonge Corridor
- MLS Number
- C13523718
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX ELITE REAL ESTATE
A truly rare opportunity to own one of the limited luxury townhomes at the prestigious 55C Bloor-Yorkville Residences. Downtown Toronto townhomes are an exceptionally scarce offering, combining the privacy and spaciousness of a house with the convenience and the luxury condominium living. This 2-year spectacular 2-storey residence offers 1,323 sq. ft. of thoughtfully designed living space with 2 spacious bedrooms, 3 elegant bathrooms, soaring 9-foot ceilings, and a functional open-concept layout.The contemporary European-inspired kitchen is beautifully appointed with integrated built-in appliances, sleek porcelain slab countertops and backsplash, soft-close cabinetry, and custom open shelving with integrated lighting. Floor-to-ceiling windows flood the home with natural light. Both of two bedrooms feature upgraded walk-in closet organizers, maximizing storage while adding a touch of luxury. The primary bedroom also offers a spa-inspired ensuite complete with a glass-enclosed rain shower and designer matte dark fixtures. Residents enjoy an exceptional collection of world-class amenities, including an elegant lobby, state-of-the-art fitness centre, co-working and party rooms, an outdoor lounge with BBQs, 24-hour concierge, and the spectacular top-floor C-Lounge featuring soaring ceilings, a caterer's kitchen, outdoor terrace, and breathtaking panoramic city skyline views. Perfectly positioned in the heart of Bloor-Yorkville, just steps to world-class shopping, fine dining, and the Yonge/Bloor subway interchange, U of T, Metropolitan University, financial district, and much more.
Estimate your monthly payments for this property
Estimated Payment
$7,294.08/mo
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 TH10, Regent Park / Cabbagetown / St. James Town
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Rental income estimator & ROI calculator
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
Premium Pricing
At $1374/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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. We'll want to verify the monthly fees and what they include.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.
Investment Perspective
Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,871 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.