42 Charles Street E 2302, Toronto C08

$595,000
42 Charles Street E 2302

$595,000

New
21d
Condo ApartmentApartment

42 Charles Street E 2302, Toronto C08

Total Monthly Obligation $3,599

Beds
1
Baths
2
Park
1
Sqft
500-599
DOM
21d
Score
16
Yield
4.7%
Cash on Cash
-10.0%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.5%
Property Type-Condo Apartment
MLS® Number-C13852874
Beds-1
Bathrooms-2
Size-500-599 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$4,043.72 (2026)
Maintenance-$662/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Welcome to the luxurious CASA II Condos at Yonge & Bloor, ideally situated in the heart of Downtown Toronto! This beautifully designed 1-bedroom, 2-bathroom suite offers a rare and highly desirable combination of 1 parking space and 1 locker-an exceptional find in the downtown core. Enjoy unbeatable convenience just steps from Yonge-Bloor Subway Station, wand only minutes from the University of Toronto, Toronto Metropolitan University, Yorkville, world-class shopping, dining, cafés, entertainment, and everyday essentials. CASA II offers an impressive collection of hotel-inspired amenities, including a state-of-the-art fitness centre, outdoor swimming pool with pool deck and BBQ area, rooftop lounge, games room, 24-hour concierge, and visitor parking. With two levels of thoughtfully designed luxury amenities and an outstanding downtown location, this residence offers the perfect combination of comfort, convenience, and vibrant urban living. A rare opportunity to own a 1-bedroom suite with 2 bathrooms, parking, and a locker in one of Toronto's most sought-after downtown locations!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$3,599/mo
Mortgage $2,400
Monthly Loss $2,967
Principal$632
Interest$1,768
Property Tax$337
Condo Fees$662
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.8%10
10-Year IRR
6.7%
Returns Index
6.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,888/yr
NOI
$10,711/yr
Net Cash Flow
-$1,507/mo
Cash Margin
-64.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
21.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 42 Charles Street E 2302

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.