77 Charles Street Unit 1603, Toronto C01

Price: $6,650,000

3 bedrooms, 4 bathrooms

2,750 sqft

Property Type: Condo

MLS#: C12796864

Luxury Living in the Prestigious Yorkville/Bloor Neighborhood of Toronto. Unique Double Unit 2782sq ft. Exquisite style and impeccable finishings throughout make this residence sophisticated and luxurious. Custom Built-in and Walk-in Closets, Hardwood Floors Throughout. The Open Living and Dining Area offers Breath taking view through floor to ceiling windows

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$6,650,000 - 77 Charles Street Unit 1603, Downtown Toronto

Condo for Sale in Downtown Toronto

108 days on market
3Beds
4Baths
2,750Sq Ft
Condo
Property Details
MLS Number
C12796864
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
3
Bathrooms
4
Square Feet
2,750 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
South West
Balcony
Terrace
Listing Brokerage
DISTINCTION REALTY LIMITED
Description

Luxury Living in the Prestigious Yorkville/Bloor Neighborhood of Toronto. Unique Double Unit 2782sq ft. Exquisite style and impeccable finishings throughout make this residence sophisticated and luxurious. Custom Built-in and Walk-in Closets, Hardwood Floors Throughout. The Open Living and Dining Area offers Breath taking view through floor to ceiling windows

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$29,415.19/mo

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5-yr fixed avg.

Principal: $5,320,000Interest: $3,504,558
Mortgage Amount$5,320,000
Total Interest$3,504,558
Est. Property Tax$4,710/mo
Total Cost$8,824,558

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.

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Neighbourhood Guide: Downtown Toronto / Waterfront

Discover Downtown Toronto / Waterfront

Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront

  • Convenient location in Downtown Toronto / Waterfront
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Downtown Toronto / Waterfront 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.

70
Walk Score
Varies
Price Range

77 Charles Street Unit 1603, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,160/mo
Range: $3,536 - $4,784
Cap Rate (ROI)
-0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,160
Maintenance Fees-$1,788
Property Tax (est.)-$4,710
Insurance (est.)-$1,385
Net Cash Flow-$3,723

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $2418/sqft, this property is priced above the Downtown Toronto 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.

Negotiation Opportunity

At 108 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Larger Home Realities

At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 4 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.

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    77 Charles Street Unit 1603 | $6,650,000 | Battaglia Team