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Unit 911 at Linx Condos

Sold

286 Main Street 911, Toronto E02, ON M4C 0B3

MLS #E8122428

$570,000

Sold on June 2, 2024

June 2, 2024

Originally listed at $579,900 71 days on market

About This Property

BRAND NEW Linx Condos by Tribute Communities Reserve Collection. This spacious one-bedroom plus den unit has a contemporary open layout with high-end finishes. Enjoy plenty of natural light from big windows in the living room & main bedroom. The suite features sleek quartz countertops, quality laminate floors, and full-sized stainless steel appliances. The building offers excellent amenities, including a 24-hour concierge, gym, visitor parking & much more. With the subway and Danforth GO station just across the street, and various shops and restaurants within walking distance, it's an ideal location to explore Toronto's lively neighborhoods like the Danforth, Greektown, and the Beaches, providing a vibrant lifestyle!

Investment Analysis

$2,386
Est. Monthly Rent
Based on $4/sqft
4.94%
Gross Yield
Before expenses
4.13%
Net Yield
After expenses
20.3
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($389/mo). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$892/sqft
Linx Condos
$904/sqft-1.3%
East End-Danforth
$738/sqft+20.8%
Toronto E02
$940/sqft
Building PSF Range
$700$1,090

Fair Market Price

This unit is priced in line with the building average of $904/sqft. Expected net yield of 4.13% after maintenance and taxes.

Analysis based on 22 sales and 270 leases in this building. Unit size estimated at 650 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

600-699 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-286
MLS Size600-699
Listed OnMar 6, 2024
Maintenance Fees$389/month
0

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Unit 911 History

Complete transaction history for this unit

Leased

Leased: Oct 31, 2024

$2,250/mo

-$150 (-6.3%)

Listed: $2,40021 days on marketLease
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Transaction History Available

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Price History

Original List Price

$579,900

Listed on Mar 6, 2024

Sold Price

$570,000

Sold on Jun 2, 2024

-$9,900

-1.7%

71 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameLinx Condos
Address286 Main St, Toronto
Parking TypeNone

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About Unit 911 at Linx Condos

Unit 911 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 600-699 square feet located at Linx Condos, 286 Main St, Toronto. This unit is currently sold (sold for $570K).

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 911 Linx Condos Toronto E02

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