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Thread: For Rent - One Bedroom plus den Brand New condo at CASA

  1. Default For Rent - One Bedroom plus den Brand New condo at CASA

    Hi,

    I have a one bedroom plus den well designed unit at CASA for rent available immediately for $1490/ month plus hydro. One Locker included, no parking.. For more info visit:

    www.therealinfo.ca/33charles
    Last edited by wannabeplanner; 2010-Jan-24 at 17:05.


  2. #2

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    $1500 for a one bedroom? For that price, I could own 3 Hamilton homes....

  3. #3

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    But would you want to?

  4. #4

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    Hmm. Although Casa is a really nice looking building by aA, would I really want to live at Yonge and Bloor either? Probably not, although Manulife building nearby I can sort of understand, especially in the winter.

    So I guess 3 Hamilton homes rented out providing me with perhaps $15-20k net income would be the better choice.

  5. Default

    That's a good price.. Market rent for this should be around $1600.

    As for Hamilton, prices have not moved in 15 years. Downtown 50% in 5 years depending on area. Hamilton prices will be the same for another 10 years

  6. #6
    Join Date
    Apr 2008
    Location
    Toronto
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    4,532

    Default

    Quote Originally Posted by TorontoMike$$ View Post
    That's a good price.. Market rent for this should be around $1600.

    As for Hamilton, prices have not moved in 15 years. Downtown 50% in 5 years depending on area. Hamilton prices will be the same for another 10 years

    Hamilton = positive cashflow on properties with moderate appreciation in prices;

    Toronto = negative cashflow on properties with speculative appreciation in prices

  7. Default

    Quote Originally Posted by cdr108 View Post
    Hamilton = positive cashflow on properties with moderate appreciation in prices;

    Toronto = negative cashflow on properties with speculative appreciation in prices
    I guess it all depands on your investment objectives. Enjoy your positive cash! Good luck..

  8. #8

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    Is this discussion really necessary in this thread? Mods should not allow replies to these threads because it's always filled with people who complain about the price/rent and others defending it.

  9. #9

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    yes, and most of them are just "Dreamers"...

  10. #10

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    One plus den at Casa is completely reasonable. There is an old apartment building just a few steps south at 33 Isabella, which charges $1200 for a 450sf one bedroom no den and no locker. And apparently you can't compare the quality and amenities of these two buildings.

    As to Hamilton, has anyone ever made much money in real estate there?

  11. #11

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    Quote Originally Posted by JayBee View Post
    Is this discussion really necessary in this thread? Mods should not allow replies to these threads because it's always filled with people who complain about the price/rent and others defending it.
    Agreed. I don't get around to the RE section much, but, yes, this is not the place for this type of discussion.

  12. Default

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