Welcome to 42 Charles Street East, Unit 3408! This luxurious 2-bedroom corner suite offers an exceptional blend of style, comfort, and breathtaking city views. Featuring soaring 9-ft ceilings, southeast exposure, and an abundance of natural light, the suite is freshly painted and move-in ready. Step outside to enjoy an impressive 307 sq. ft. of wraparound balcony space-perfect for entertaining or taking in the stunning Toronto skyline. Total 932 sq.ft. (625 sq.ft. Suite + 307 sq.ft. Balcony). Ideally located in the heart of downtown near Yonge & Bloor, with easy access to U of T, Toronto Metropolitan University, upscale shopping, renowned restaurants, cafés, and the Entertainment District. Enjoy an impressive array of resort-style amenities, including a fully equipped fitness centre, billiards/games room, rooftop lounge, outdoor infinity pool with pool deck and BBQs, and 24-hour security. A rare opportunity to enjoy luxury downtown living in one of Toronto's most sought-after locations!
2 bedrooms, 1 bathroom, about 600 sq ft, works out to roughly $1,082 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 42 Charles St E #3408
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
42 Charles St E #3408 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,188
/mo
based on the purchase price of $649,000
$129,800 cash
$519,200 financed
$437,303 total interest
Principal54%$519,200
Interest46%$437,303
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $649K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,317Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale · 4 for rent at 42 Charles St E — plus its sale and lease history.
42 Charles St E #3408 is listed at $649,000 (MLS® C13765616). Summitly updates the price as soon as the MLS® record changes.
Is $649,000 a good price for 42 Charles St E #3408?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 42 Charles St E #3408 changed?
No — 42 Charles St E #3408 is still listed at its original asking price of $649,000.
How many bedrooms and bathrooms does 42 Charles St E #3408 have?
42 Charles St E #3408 has 2 bedrooms and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 42 Charles St E #3408 close to transit?
The nearest rapid-transit station is Bloor-Yonge Station (Line 1, Line 2), about 200 m (about a 3-minute walk) in a straight line. Wellesley Station is about 420 m (about a 5-minute walk), and Bay Station is about 500 m (about a 6-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 42 Charles St E #3408?
About $3,188 a month — principal and interest on $649,000 with 20% down ($129,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 42 Charles St E #3408 compare with other homes in Toronto?
Its asking price of $649,000 is about 23% below the median sold price in Toronto over the last 90 days, $840,000, across 9,511 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 42 Charles St E #3408 been sold before?
Yes — Summitly has 2 earlier MLS® listings of 42 Charles St E #3408 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 42 Charles St E #3408?
42 Charles St E #3408 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 42 Charles St E #3408 been on the market?
46 days — 42 Charles St E #3408 was listed on September 10, 2026.
What is the price per square foot of 42 Charles St E #3408?
About $928 to $1,082 per square foot: the asking price of $649,000 over the 600–699 sq ft the listing gives as its size range.
Does 42 Charles St E #3408 have a basement, and is it finished?
The listing says 42 Charles St E #3408 has no basement.
