Sold
$495,000
1bed|2bath|500-599sqft
0 parking|0 locker
Unit 2202
42 Charles Street E 2202, Toronto C08, ON M4Y 0B7
Residential Condo & Other|$495 fees|$3484 tax
MLS #C12526872
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Unit 1302 at CASA II Condos
Sold42 Charles Street E 1302, Toronto C08, ON M4Y 1N3
MLS #C7397866
$696,000
Sold on March 11, 2024
March 11, 2024
Originally listed at $599,000 35 days on market
About This Property
Cresford 5 Star Condo Living Casa || South-East View Corner Unit With 2 Bathrooms And 1 Parking. Modern Open Concept Kitchen, Floor To Ceiling Window With Lots Of Sunshine. Totally 826 Sqft(551+275 Large Balcony). Soaring 20 Foot Lobby, State Of The Art Amenities Floor Including Fully Equipped Gym, Rooftop Lounge And Outdoor Infinity Pool. Located In Most Sought After Yonge /Bloor Neighborhood, The Intersection Of 2 Subway Lines. Steps To Bloor-Yorkville Luxury Shops, Fine Dining & U Of T, Ryerson, Entertainment District
Investment Analysis
$2,579
Est. Monthly Rent
Based on $5/sqft
5.17%
Gross Yield
Before expenses
3.72%
Net Yield
After expenses
19.4
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($456/mo) and property tax ($3,193/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$1,087/sqftCASA II Condos
$1,158/sqft-6.1%
Church-Yonge Corridor
$849/sqft+28.1%
Toronto C08
$884/sqft
Building PSF Range
$969$1,395
Below Market Value
This unit is priced 6.1% below the building average of $1,158/sqft. With a 3.72% net yield after expenses, this could be a strong investment opportunity.
Analysis based on 17 sales and 310 leases in this building. Unit size estimated at 551 sqft.
Property Details
Bedrooms
1
Bathrooms
2
Square Feet
275 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2550
MLS Size500-599
Listed OnJan 11, 2024
Maintenance Fees$456/month
Property Tax$3,193/year
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Living Room(Flat) | 6.64 x 3.38 | 21.8 x 11.1 | - |
| Dining Room(Flat) | 6.64 x 3.38 | 21.8 x 11.1 | - |
| Kitchen(Flat) | 6.64 x 3.38 | 21.8 x 11.1 | - |
| Primary Bedroom(Flat) | 2.96 x 2.77 | 9.7 x 9.1 | - |
Room Dimensions Available
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Price History
Original List Price
$599,000
Listed on Jan 11, 2024
Sold Price
$696,000
Sold on Mar 11, 2024
+$97,000
16.2%
35 days on market
Price History Available
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0 parking|0 locker
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Unit 805
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Sold
$450,000
1bed|1bath|0-499sqft
0 parking|0 locker
Unit 2105
42 Charles Street E 2105, Toronto C08, ON M4Y 1T4
Residential Condo & Other|$395 fees|$2761 tax
MLS #C12310377
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 NameCASA II Condos
Address42 Charles, Toronto C01
Parking TypeUnderground
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About Unit 1302 at CASA II Condos
Unit 1302 is a residential condo & other with 1 bedroom, 2 bathrooms spanning approximately 500-599 square feet located at CASA II Condos, 42 Charles, Toronto C01. This unit is currently sold (sold for $696K).
About CASA II Condos
CASA II Condos is located at 42 Charles, Toronto C01 in Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
Church-Yonge Corridor Neighbourhood
This unit is located in Church-Yonge Corridor, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at CASA II 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 1302 CASA II Condos Toronto C08
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