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    11 Charlotte Street

    King Charlotte Condos
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    2for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    32
    Number of Units:
    232
    Condo Completion:
    2016
    Condo Demand:
    Medium
    Unit Size Range:
    382 - 1,000 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for King Charlotte Condos

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    Amenities

    Outdoor Pool
    Visitor Parking
    Bike Storage
    Concierge
    Party Room
    Gym Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 11 Charlotte StreetKing Charlotte Condos

    In the King West neighbourhood, tucked away at 11 Charlotte Street, is a condo building that tricks the eye. The edifice is comprised of stacked rectangular forms: a tinted glass base, a section of glass wrapped in white concrete above, and plenty of glass making up the tower portion.

    Surprisingly, higher levels overhang the sections below, creating quite the optical illusion. The uppermost block (which holds the amenities) also overhangs the tower below it, ever so slightly.

    Patterns also vary between the blocked sections that make up the King Charlotte Condos. The uppermost amenities portion of the building is covered in a lattice-patterned skin, while the aforementioned concrete-clad section features a barcode-like design along one of its faces.

    Completed in 2016 and built by Lamb Development Corp with Niche Development, the King Charlotte Condos reaches to 32 storeys high and is filled with 232 units. Peter Clewes of ArchitectsAlliance designed the ultramodern structure, which happens to include retail businesses on the ground level.

    As for that amenities space rooftop terrace we mentioned earlier, residents can head up there to make use of the building’s fitness facilities, or to spend time in the outdoor swimming pool. Plus, the area surrounding the pool has plenty of space for pre- or post-swim lounging.

    Those who plan to commute by bicycle can store their vehicles in the building’s bike parking, while residents who love playing host can invite friends and family to gather in the party room whenever the mood strikes. And just to make life a little easier, there’s a 24-hour concierge and security onsite.

    The Suites

    Although the units at the King Charlotte Condos vary in size, the atmosphere in every single one is elegant and refined, thanks to the interior design dreamt up by II by IV Design. Kitchens boast European-style cabinetry, stainless steel appliances, and stone countertops, and some even feature islands; bathrooms are finished with porcelain tiles and equipped with deep bathtubs and rain-style shower heads.

    Other common elements found throughout 11 Charlotte include open concept principal living spaces, exposed concrete walls, floor-to-ceiling windows, and frosted glass sliding doors. Those interested in Toronto condos for sale here can expect to find both concrete and hardwood flooring, depending on the unit and the room, while ceiling heights typically sit at 9-feet tall. The homes range from around 400 to approximately 1,000 square feet, and those with balconies also feature gas hookups for barbecues.

    The Neighbourhood

    The King Charlotte Condos is a well-situated building: it’s surrounded by luxurious businesses that reside in the King West area, and many diverse neighbourhoods beyond that. With entertainment venues like the TIFF Bell Lightbox, Princess of Wales Theatre, and Roy Thompson Hall just steps away, residents looking to be entertained don’t even need to worry about finding a good parking spot.

    Residents living at 11 Charlotte can also head up to Queen West to visit its eclectic range of shops — from brand name stores to locally-run vintage boutiques — or its equally assorted variety of restaurants. And Chinatown begins on Spadina Avenue, just north of Queen, where everything from late-night dim sum to inexpensive housewares can be found.

    As far as groceries go, residents of the King Charlotte Condos can walk just 2 minutes in order to reach the Fresh & Wild Food Market at the corner of King and Spadina (or the LCBO right across the street). Alternatively, an enormous Loblaws is a 12-minute walk away, at Queen and Portland.

    Transportation

    Living in the core of the city means owning a car is definitely optional. Those living at the King Charlotte Condos can walk just one block in order to reach stops for the King and Spadina streetcars, which carry passengers east and west or north and south, respectively. St. Andrew Station is also only 10 minutes away by foot, from which trains head north and south throughout the city.

    Those who prefer to drive, on the other hand, are equally well situated. Drivers living at 11 Charlotte can access the Gardiner Expressway in no time, and from there a connection to the Don Valley Parkway or the 427 is quick and painless.

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    Demographics

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

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    King Charlotte Condos vs The King West Area

    Days on Strata

    Units at King Charlotte Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    49
    Units were Rented over the past twelve months

    Best Value Rank

    King Charlotte Condos offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    King Charlotte Condos has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    King Charlotte Condos yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    King Charlotte Condos is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 11 Charlotte Street

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$530,000 - $615,000$753,000$788,000 - $850,000$940,000
    Avg. Cost Per Sqft$1,537$1,313$957$1,002
    Avg. Wait for Unit Availability38 Days167 Days50 Days135 Days
    Ratio of Units in Building53%15%27%7%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West