50 Charles St E 404
Church-Yonge Corridor, Downtown Toronto, M4Y 0C3
FOR SALE
$425,000
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Property Description
Choose Charles! First timers, your search is over and the choice is clear: this is the one you've been holding out for! Sitting at the corner of cute and practical, #404 is the junior 1 bedroom that checks all the boxes. It's bright (south facing!), functional (separate living/working, cooking and sleeping areas), has a bedroom **with a window** (rare!), 1 locker (a necessity!), 9 foot tall ceilings (nice!), a custom moveable kitchen island (to stretch at home!), and a super-large south facing balcony (fun!). ***** Its amenities are superb: 50 Charles is a luxury building with outdoor salt water pool, gym, outdoor BBQs, games room (foosball, ping pong, billiards), bike storage and friendly & helpful concierge. ***** This is your perfect entry into home ownership, at a lower price than renting!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-10 | 2024-09-05 | 57 | $525,000 | - | Terminated |
| 2024-05-09 | 2024-07-09 | 61 | $525,000 | - | Terminated |
| 2024-05-01 | 2024-05-09 | 8 | $525,000 | - | Terminated |
Extras
All this in the premium Yonge & Bloor neighbourhood - only a few minutes' walk to Bloor Yonge Subway, Yorkville, U of T, and Church Wellesley Village. And near Toronto's best food places to fit all budgets. Don't miss it!
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,938 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.17' x 8.23' | W/O To Balcony, Window Flr to Ceil, Laminate |
| Kitchen | Flat | 7.25' x 10.50' | Eat-In Kitchen, Stainless Steel Appl, Stone Counter |
| Br | Flat | 6.33' x 9.58' | Closet, Window Flr to Ceil, Laminate |
| Other | Flat | 17.91' x 4.59' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
50 Charles St E 404 is a 1-bedroom 1-bathroom condo listed for sale at $425,000, which is $141,077 (24.9%) lower than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Sage Real Estate Limited
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