Year Built
2024
High-Rise Condo
55C
by MOD Developments
55-61 Charles St, Toronto, ON M5S 2W9
Total Units
551
Avg $/sqft
$1,051
Storeys
50
Available Units in 55C
0
Units for sale
0
Units for rent
Live MLS · Updated daily
Overview
Standing 50 storeys tall at 55-61 Charles St — 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 366 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 $0.79 per-square-foot, which is lower than the neighbourhood average of $0.95 per-square-foot.
Developer
MOD Developments
Year Built
2024
Property Type
High-Rise Condo
Storeys
50
Total Units
551
Management
Melbourne Property Management
Amenities
Indoor Pool
Guest Suites
Fitness Centre
Rooftop Garden
Theatre Room
Party Room
24/7 Concierge
Price History
498 recordsLoading history…
Market Stats
Prices in 55C are up 64.3% compared to last year.
$1,051
Avg $/sqft
+64.3%
YoY change
58
Avg days on market
Location & Walkability
Walk Score
—/100
Daily errands on foot
Transit Score
—/100
TTC, GO, subway access
Bike Score
—/100
Bike lanes & infrastructure
Neighbourhood in Toronto
Bay Street Corridor
urban walkable convenient
Bay Street Corridor is a vibrant neighbourhood in Toronto. It offers a mix of urban living with easy access to amenities.
Median sale price is $468,000 Only one condo for sale No rental listings available
Toronto, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
What it costsAffordability
Median asking price
In Ontario
$716,900
Median monthly rent
In Ontario
$2,499
On the marketMarket snapshot
For sale
0
For rent
0
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Affordable compared to city median
- Great location for walking
- Access to good schools
Keep in mind
- Limited housing options for rent
- Prices are lower than city median but still significant
The feel of the placeLifestyle
Daily life here is active and convenient, with many services nearby. Residents enjoy a lively city atmosphere.
Great for first-time buyers young professionals
Within the boundaryWhat's nearby
The boundary
1.8 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
46
Parks
9
Playgrounds
67
Transit stations
16
Grocery stores
180
Restaurants
131
Cafés
16
Gyms
7
Libraries
21
Pharmacies
Counted across all 1.8 km² of Bay Street Corridor. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
7.2/10
Average rating of the 1 rated school in this area
4
Elementary
5
Secondary
St Joseph's College School
Catholic · Grades 9–12 · Toronto CDSB
7.2/107.6 over 5 yrs178th of 742 Ontario secondary schools
545 students · EQAO 2024-2025
Hospital for Sick Children - Eating
Public · Grades 9–12 · Toronto DSB
Not rated
Hospital for Sick Children - Medical EL
Public · Grades JK–8 · Toronto DSB
Not rated
Hospital for Sick Children-Substance Abu
Public · Grades 9–12 · Toronto DSB
Not rated
HSC Medical - SEC
Public · Grades 9–12 · Toronto DSB
Not rated
HSC Seizure Disorder
Public · Grades K–8 · Toronto DSB
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Bay Street Corridor, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
30,479
Population (2021)
1.8 km²
Area
16,677
People per km²
32
Median age
$64,561
Median income
31%
Own their home
1.6
People per household
18,040
Households
Every age
- Children (under 15)5.8%
- Working age (15–64)84.2%
- Seniors (65+)10.0%
What is built here
- Low-rise apartments1.1%
- High-rise apartments98.6%
Own or rent
31%Owners
69%Renters
Across 18,040 households
When it was built
Mostly 2016–2021
- 1960 or earlier3%
- 1961–198010%
- 1981–199014%
- 1991–200011%
- 2001–20056%
- 2006–201013%
- 2011–201519%
- 2016–202124%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 43.1%
- Born outside Canada
- 69.4%
- Hold a degree or higher
- 59.2%
- Employment rate
- 22.5%
- Commute by transit
- 22.3%
- Commute by car
- 1.4
- Children per family
- $56,864
- Median income after tax
- $97,834
- Average household income
- 27%
- Living on a low income
- $2,032/mo
- Renters pay, per month
- $1,910/mo
- Owners pay, per month
- $836,655
- Median home value at census
- 58.8%
- Renters spending 30%+ of income on housing
- 47.7%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 22 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
