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    55 Charles Street

    9for Sale
    13for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    50
    Number of Units:
    551
    Condo Completion:
    2024
    Condo Demand:
    Low
    Unit Size Range:
    360 - 3,618 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 55C

    Receive listing updates for Bay Street Corridor

    Amenities

    Party Room
    Sauna
    Rooftop Deck
    Gym Room
    Concierge

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 55 Charles Street55C

    Standing 50 storeys tall at 55 Charles Street — 55C is a high-rise by any definition. MOD Developments completed construction on the building in 2024, resulting in 551 Bay Street Corridor condo for sale. Suites start at 360 square feet and go up to 3618 square feet, and because of the number of units in the building, buyers have a good chance of finding Toronto condos for sale here.

    Maintenance fees are $0.63 per-square-foot, which is lower than the neighbourhood average of $0.90 per-square-foot.

    The Neighbourhood

    Living here means you’re just a 4-minute walk from Subway, Sushi Club and 7 West Cafe, making it easy to dazzle your taste buds without much effort. Get your caffeine jolt in the morning at nearby Aroma Espresso Bar, Starbucks and Tim Hortons.

    Grocery pick-ups are made easy thanks to Bloor Street Market, H Mart and Rabba Fine Foods within a 6-minute walk.

    55C is a great choice for residents who are money conscious — with banks like BMO Private Bank and BMO Bank of Montreal nearby.

    Getting some fresh air is a breeze when you live at 55 Charles Street because excellent green spaces like Saint Mary Street Parkette, Lester B. Pearson Garden for Peace and International Understanding and Orchard Parc, Inc. are walkable in under 6 minutes.

    Those who love to shop will appreciate all the options nearby with Cumberland Terrace, Ins Market and Canadian Tire just 13 minutes from here.

    Look forward to enjoying your free time close to home with Vitavie Gallery and C9 ART nearby. Cineforum is just a short drive away for movie nights.

    There are plenty of nearby school choices — da Vinci School, Westside Montessori School and Kensington Community School — with more in neighbouring areas so you can find the best school for your child’s needs.

    Transportation

    For transit users, the nearest light transit stop is Bay St At Charles St West South Side and is about a 0 minutes walk away. Transit riders will love living just 6 minutes from Bay.

    Reviews for 55C

    Hazel Machado
    January 15 2025
    5 out of 5
    Amazing view of the city. Truly a perfect place
    Asher A
    January 14 2025
    5 out of 5
    Amazing building with an unbeatable location, top amenities, modern designs and easy access to all the best parts of Toronto
    9

    Listings For Sale

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    13

    Listings For Rent

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    Explore Bay Street Corridor

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    55C vs The Bay Street Corridor Area

    Days on Strata

    Units at 55C spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    15%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    262
    Units were Rented over the past twelve months

    Best Value Rank

    55C offers the
    ?
    N/A
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    55C has the
    ?
    N/A
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    55C yields the
    ?
    N/A
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    55C is the
    ?
    N/A
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 55 Charles Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$616,000No DataNo DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo Data$442No DataNo DataNo DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo DataNo DataNo DataNo DataNo DataNo Data
    Ratio of Units in Building8%32%22%29%1%11%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor