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Unit 516 at Linx Condos

Sold

286 Main Street 516, Toronto E02, ON M4C 0B3

MLS #E9348497

$1,025,000

Sold on January 28, 2025

January 28, 2025

Originally listed at $1,048,000 100 days on market

About This Property

Rarely available, stunning and expansive 3 bedroom corner unit with an oversized terrace! Experience urban luxury like never before at the brand-new Linx Condos by Tribute Communities. Situated in East Torontos vibrant Danforth neighborhood, you'll enjoy a wide variety of dining options, eclectic shops, and unbeatable transit access. Step inside unit 516 to find an inviting, (never-before-mls listed and sold directly by builder) 3-bedroom, 2-bathroom "bungalow in the sky". This beautiful corner unit offers 1,090 sq.ft. of living space with unparalleled panoramic views of the city skyline, lake and sunset from its grand terrace and wrap-around, floor-to-ceiling windows. Features include an open-concept floor plan with 9 ft. ceilings, chic, and tranquil finishes; oversized living and dining areas with abundant natural light and walk-out to terrace; a modern kitchen with an eat-in island, quartz countertops, sleek cabinetry with ample storage, neutral tile backsplash and full-size stainless steel appliances, including an integrated dishwasher; a primary bedroom with large windows, double-door closet, and a private 3-piece ensuite: two additional spacious bedrooms, both with ample closet space; proper entry with foyer &mirrored coat closet; full-size front load washer & dryer++ Perfect for families or those in need of extra space. Every night, you'll have a front-row seat to stunning sunsets from the comfort of your home. This unit comes complete with owned parking space, and is ideally located just steps from Main St. Subway, the 506 Streetcar, and the Danforth GO, making commuting and exploring the city effortless. Linx Condos seamlessly connects you to the best of Toronto and beyond. City living has never been easier! Your perfect urban sanctuary awaits.

Investment Analysis

$4,037
Est. Monthly Rent
Based on $4/sqft
4.62%
Gross Yield
Before expenses
3.78%
Net Yield
After expenses
21.6
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($734/mo). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$953/sqft
Linx Condos
$904/sqft+5.4%
East End-Danforth
$738/sqft+29.1%
Toronto E02
$940/sqft
Building PSF Range
$700$1,090

Premium Pricing

This unit is priced 5.4% above the building average. This may reflect premium features, views, or floor level.

Analysis based on 22 sales and 270 leases in this building. Unit size estimated at 1100 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

1000-1199 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-3034
MLS Size1000-1199
Listed OnSep 12, 2024
Maintenance Fees$734/month
0

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)6.38 x 4.1120.9 x 13.5-
Living Room(Main)6.38 x 4.1120.9 x 13.5-
Dining Room(Main)6.38 x 4.1120.9 x 13.5-
Dining Room(Main)6.38 x 4.1120.9 x 13.5-
Kitchen(Main)3.12 x 2.6910.2 x 8.8-
Kitchen(Main)3.12 x 2.6910.2 x 8.8-
Primary Bedroom(Main)3.61 x 311.8 x 9.8-
Primary Bedroom(Main)3.61 x 311.8 x 9.8-
Bedroom 2(Main)3.02 x 2.649.9 x 8.7-
Bedroom 2(Main)3.02 x 2.649.9 x 8.7-
Bedroom 3(Main)3.02 x 2.649.9 x 8.7-
Bedroom 3(Main)3.02 x 2.649.9 x 8.7-

Room Dimensions Available

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Price History

Original List Price

$1,048,000

Listed on Sep 12, 2024

Sold Price

$1,025,000

Sold on Jan 28, 2025

-$23,000

-2.2%

100 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 TypeUnderground

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About Unit 516 at Linx Condos

Unit 516 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 1000-1199 square feet located at Linx Condos, 286 Main St, Toronto. This unit is currently sold (sold for $1025K).

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 516 Linx Condos Toronto E02

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