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4502 - 50 Charles Street
Church-Yonge Corridor, Toronto
$390,000
Experience 5-star living at CASA III (50 Charles Street East), one of downtown Toronto's most prestigious luxury residences, ideally situated at the iconic Yonge & Bloor intersection in the heart of Yorkville. This bright and sun-filled South facing studio suite features an efficient open-concept layout with 9-foot ceilings, floor-to-ceiling windows, modern finishes and a stylish European-inspired kitchen with built-in stainless steel appliances. Enjoy abundant natural light and step out to a generously sized balcony with beautiful city views. Additional features include laminate flooring and a spacious ensuite laundry room with extra storage.Be impressed by the spectacular 20-foot lobby furnished with Hermès pieces, offering an elegant hotel-inspired atmosphere. Enjoy an exceptional selection of resort-style amenities, including 24-hour concierge and security, outdoor infinity pool and lounge deck, rooftop lounge, fully equipped fitness centre, yoga studio, spa and sauna, BBQ and outdoor dining pavilion, party room, guest suites, billiards and games room, media room and more.Unbeatable location just steps to Yonge-Bloor subway interchange, Yorkville's luxury shopping and designer boutiques, fine dining, University of Toronto, Toronto Metropolitan University, major hospitals and the Financial District. Enjoy convenient access to everything downtown Toronto has to offer.An outstanding opportunity for first-time buyers, young professionals, students or investors seeking a stylish urban residence in one of Toronto's most desirable neighbourhoods. Luxury, lifestyle and location all in one. A must-see!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,996
- Property tax
- $175
- Heat allowance
- $150
- Condo fees, half counted
- $167
- Housing costs
- $2,487 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$77,000
gross annual household income
- Payment at 4%
- $1,641 / mo
- Cash down
- $78,000
Assumes no other monthly debts · 25-yr amortization
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