Sold
$446,000
1bed|1bath|500-599sqft
0 parking|1 locker
Unit 808
286 Main Street 808, Toronto E02, ON M4C 4X5
Residential Condo & Other|$418 fees|$2473 tax
MLS #E12586658
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Unit 1804 at Linx Condos
Sold286 Main Street 1804, Toronto E02, ON M4C 0B3
MLS #E9231596
$490,000
Sold on October 2, 2024
October 2, 2024
Originally listed at $499,900 60 days on market
About This Property
Premium East Exposure Gem In Brand New Boutique Linx Condos * This Light Filled 1-Bedroom Suite Is A True Definition of Function, Style & Comfort * Approx 593 Sq. Ft. Of Well Designed Floor Plan + Balcony w/North/South & East Views * Beautiful Principal Room Will Impress You With Spacious Open Concept Uninterrupted Flow * Ultra Sleek Kitchen Features Quarts Counter, Ceramic Backsplash, Paneled Fridge & More * Primary Bedroom Overlooking Balcony Is Fitted W/ Double Closet * Spa 4-Pc Bath w/Soaker Tub* Foyer w/Double Closet * Ensuite Laundry * Very Reasonable Maintenance Fees * Bloor-Danforth subway line and Danforth Go Station Streetcar * Close to Parks, Green Spaces, Sobeys, Shoppers Drug Mart, Restaurants and lots MORE! Building Amenities Include: Meeting Room, Massive Outdoor Terrace W/BBQ Area, Party Room & Lounge, Media Room, Children's Playroom, Fully Equipped Gym & Fitness Area, Bike Storage, 24Hr Concierge & Security & Management Office On-Site * 2-Outdoor Roof-Top Terraces
Investment Analysis
$2,176
Est. Monthly Rent
Based on $4/sqft
5.22%
Gross Yield
Before expenses
4.26%
Net Yield
After expenses
19.1
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($400/mo). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$843/sqftLinx Condos
$904/sqft-6.8%
East End-Danforth
$738/sqft+14.2%
Toronto E02
$940/sqft
Building PSF Range
$700$1,090
Below Market Value
This unit is priced 6.8% below the building average of $904/sqft. With a 4.26% net yield after expenses, this could be a strong investment opportunity.
Analysis based on 22 sales and 270 leases in this building. Unit size estimated at 593 sqft.
Property Details
Bedrooms
1
Bathrooms
1
Square Feet
593 sqft
Property Type
Residential Condo & Other
ParkingNo
Parking TypeUnderground
LockerNo
Heating TypeWater
StyleApartment
Ensuite LaundryYes
Corp #TSCC-3034
MLS Size500-599
Listed OnJul 29, 2024
Maintenance Fees$400/month
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Foyer(Main) | 4.93 x 1.83 | 16.2 x 6.0 | - |
| Foyer(Main) | 4.93 x 1.83 | 16.2 x 6.0 | - |
| Living Room(Main) | 4.19 x 3.25 | 13.7 x 10.7 | - |
| Living Room(Main) | 4.19 x 3.25 | 13.7 x 10.7 | - |
| Dining Room(Main) | 4.19 x 3.25 | 13.7 x 10.7 | - |
| Dining Room(Main) | 4.19 x 3.25 | 13.7 x 10.7 | - |
| Kitchen(Main) | 2.26 x 4.15 | 7.4 x 13.6 | - |
| Kitchen(Main) | 2.26 x 4.15 | 7.4 x 13.6 | - |
| Primary Bedroom(Main) | 3.96 x 2.97 | 13.0 x 9.7 | - |
| Primary Bedroom(Main) | 3.96 x 2.97 | 13.0 x 9.7 | - |
| Bathroom(Main) | 2.51 x 1.55 | 8.2 x 5.1 | - |
| Bathroom(Main) | 2.51 x 1.55 | 8.2 x 5.1 | - |
| Other(Main) | 6.22 x 1.27 | 20.4 x 4.2 | - |
| Other(Main) | 6.22 x 1.27 | 20.4 x 4.2 | - |
Room Dimensions Available
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Price History
Original List Price
$499,900
Listed on Jul 29, 2024
Sold Price
$490,000
Sold on Oct 2, 2024
-$9,900
-2.0%
60 days on market
Price History Available
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Similar Sold Units in This Building
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$505,000
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1 parking|1 locker
Unit 807
286 Main Street 807, Toronto E02, ON M4C 0B3
Residential Condo & Other|$498 fees|$3201 tax
MLS #E12372420
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Sold
$515,000
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0 parking|1 locker
Unit 1108
286 Main Street 1108, Toronto E02, ON M4C 0B3
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Sold
$512,000
1bed|1bath|500-599sqft
0 parking|0 locker
Unit 708
286 Main Street E 708, Toronto E02, ON M4C 0B3
Residential Condo & Other|$396 fees0
MLS #E11916323
View complete sale history and details
OQ
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OVAIS QASSIM
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Building Information
Building NameLinx Condos
Address286 Main St, Toronto
Parking TypeUnderground
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About Unit 1804 at Linx Condos
Unit 1804 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 500-599 square feet located at Linx Condos, 286 Main St, Toronto. This unit is currently sold (sold for $490K).
About Linx Condos
Linx Condos is located at 286 Main St, Toronto in Toronto E02. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
East End-Danforth Neighbourhood
This unit is located in East End-Danforth, part of Toronto E02 in the Toronto area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at Linx Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
Keywords: Unit 1804 Linx Condos Toronto E02
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