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

Discussion in 'For Rent' started by wannabeplanner, Jan 24, 2010.

  1. wannabeplanner

    wannabeplanner New Member

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    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: Jan 24, 2010
    #1

  2. urbandreamer

    urbandreamer recession proof

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

    PinkLucy Senior Member

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    But would you want to?
     
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  4. urbandreamer

    urbandreamer recession proof

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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.
     
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  5. TorontoMike$$

    TorontoMike$$ Active Member

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    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
     
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  6. cdr108

    cdr108 Senior Member

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

    Toronto = negative cashflow on properties with speculative appreciation in prices
     
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  7. TorontoMike$$

    TorontoMike$$ Active Member

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    I guess it all depands on your investment objectives. Enjoy your positive cash! Good luck..
     
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  8. JayBee

    JayBee Senior Member

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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.
     
    #8
  9. Redroom Studios

    Redroom Studios Senior Member

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    yes, and most of them are just "Dreamers"...
     
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  10. kkgg7

    kkgg7 Banned

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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?
     
    #10
  11. ShonTron

    ShonTron Moderator

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    Agreed. I don't get around to the RE section much, but, yes, this is not the place for this type of discussion.
     
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  12. MisterDerp

    MisterDerp New Member

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    ...
     
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