55 Charles Street E 1501, Toronto C08

$508,761
55 Charles Street E 1501

$508,761

New
2d
Condo ApartmentApartment

55 Charles Street E 1501, Toronto C08

Total Monthly Obligation $3,130

Beds
1
Baths
2
Park
0
Sqft
500-599
DOM
2d
Score
19
Yield
6.5%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-C14104596
Beds-1
Bathrooms-2
Size-500-599 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$5,002.2 (2026)
Maintenance-$460.89/mo
Locker-None
Parking-Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-HIRSCH AND ASSOCIATES REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Brand New, never lived in and includes the ENHR rebate off the price (buyer eligibility to be independently confirmed). Own at the award-winning 55C Bloor Yorkville Residences. This 1-bedroom, 1.5-bath suite has a thoughtfully designed open-concept layout with floor-to-ceiling windows and a large balcony spanning the full width of the suite, perfect for outdoor dining and entertaining. A standout feature is the built-in bench seating with custom dining table, maximizing both functionality and design. The signature-designed bathroom offers true flexibility: an ensuite with vanity and glass-enclosed shower, and a sliding door that creates a separate powder room with an additional vanity and toilet, ideal for guests. High-end, top-quality finishes throughout, including imported Italian kitchen cabinetry with built-in storage solutions and soft-close drawers and cabinets, complemented by a porcelain tile countertop and full-height backsplash. Premium Panasonic built-in appliances include integrated refrigerator, dishwasher, oven, microwave, and induction cooktop. Both vanities feature custom imported Italian cabinetry with integrated storage, soft-close drawers, and a large mirror with built-in lighting. The spa-inspired shower includes a rain shower head, handheld spray, and tiled niche. Full Tarion New Home Warranty included. Exceptional amenities include a 9th-floor fitness centre with cardio, weights, training area and yoga studio; co-work and lounge spaces with wrap-around outdoor terrace featuring lounge, dining and BBQ areas. The rooftop C Lounge offers high-ceiling co-work and lounge space with caterer kitchen, large dining table, and outdoor terrace with BBQs and lounge seating, all with breathtaking city and lake views. Guest suite available for overnight visitors. Ideally located within walking distance to TTC, shops, restaurants, universities, and more.

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$
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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$418,405($11,396 CMHC)
Land Transfer Taxes$6,650
Legal Fees (Est.)
$
Total cash required for closing$109,902

Total Monthly Obligation

$3,187/mo
Mortgage $2,110
Monthly Loss $2,632
Principal$555
Interest$1,555
Property Tax$417
Condo Fees$461
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.9%1
5-Year IRR
8.4%26
10-Year IRR
10.2%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,916/yr
NOI
$16,692/yr
Net Cash Flow
-$719/mo
Cash Margin
-26.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
82.2%14
Vacancy Buffer
3.0 mo50
Risk Index
24.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 55 Charles Street E 1501

Time

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Data last updated within the past 24 hours.