CASA 2 (Yorkville) by Cresford
-LOCATED JUST SOUTH OF ULTRA-POPULAR YONGE & BLOOR
-FORMER SITE OF YMCA ON 42 CHARLES STREET EAST
-APPLICATION FOR 62 STOREY CONDOMINIUM
TALKCONDO WILL BE FIRST IN LINE WITH ALL THE DETAILS AND OPPORTUNITY TO PURCHASE AT CASA 2. REGISTER BELOW TO GET THE DETAILS AS SOON AS THEY BECOME AVAILABLE!
GENERAL INFORMATION |
42 Charles Street East (The development is currently un-named, we are referring to it as CASA Phase 2 to keep it simple for now) is a new development located atop the old YMCA at 42 Charles Street East. There is are currently very limited details available.
| Developer | Cresford |
| Address | 42 Charles Street East |
| District | Yorkville |
| Completion Date | May 30, 2016 |
| Approx Price/Sq.Ft. | From $650-$700 |
| Deposit Structure | 20% in 540 Days, 5% on Occupancy |
| Parking Cost | $65,000 |
| Maintenance Fees | $0.53 |
Details are currently very scarce for this project, however, we know that it will be a 64-storey tower located just south of One Bloor (which will stand 65 storeys). The builders reputation, location and stature of this project have made us stand up and take notice.
Located just opposite the immenseley popular Chaz on Charles (45 Charles East) and the first phase by Cresford, "CASA" (33 Charles East), this stretch of Charles Street is getting a major facelift.
While details are limited, TalkCondo is committed to being one of the first for all the details. Keep checking back and contact us below to get the details as soon as they become available.
IMAGES |
MAP |
 |
CASA2 |
 |
Similar Pre-Construction Developments |
 |
Similar Resale Developments |
PRICE ANALYSIS |
There is currently no pricing details for CASA2. Below is a chart of the current pre-construction developments being sold nearby.
| Development | Address | Price/Sq.Ft. | Occupancy | Mt.Fees/Sq.Ft | Parking | Deposit |
| CASA2 | 42 Charles St. E | TBA | TBA | TBA | TBA | TBA |
| Chaz on Charles | 45 Charles. St E | $650-$700 | June 2013 | $0.47 | $45,000 | 20%+5% |
| FIVE Condos | 5 St. Joseph | ~$650 | Fall 2014 | $0.55 | $45,000 | 20%+5% |
| One Bloor | 1 Bloor | ~$800 | Fall 2014 | $0.50 | $50,000 | 25%+1% |
Below is a chart of the current sales price and approximate appreciation rates of the other two Cresford Projects located nearby.
| Development | Price/Sq.Ft. | Approx Appreciation Rate |
| 33 Charles (CASA) | $575-$650 | 9-12% per year |
| 35 Hayden (BSN) | $575-$650 | 9-12% per year |
A full price analysis will be written once we get more details on this project. Stay tuned.
RENTAL MARKET |
This is where the rental market info goes
| Type | Rent |
| Studio | $1250-$1350 |
| 1 Bedroom | $1400-$1500. Some larger 1 bedrooms leasing as high as $1800 |
| 1+1 Bedroom | $1600-$1800 |
| 2 Bedroom | $2000+ |
This is where more rent text goes
ARTICLES ABOUT THIS DEVELOPMENT BY TALKCONDO |
- CASA2 Details Filter Through
- VIP Event: March – Cresford Development on Charles St. E
- Details on New Cresford Project on Charles St. E Emerge
- CASA2 Details Emerge from City Application
- 42 Charles Street East (CASA2) Minor Update
- CASA 2 Rendering Out in the Wild (FINALLY!)
- Top 10 New Condo Launches This Fall (Part 2)
- Looking Ahead: Most Anticipated Toronto Condo Projects of 2012
- A Look Back: What Was Hot in 2012?
by Roy Bhandari on March 15, 2011
by Roy Bhandari on March 1, 2011
by Roy Bhandari on January 29, 2011
by Roy Bhandari on May 20, 2011
by Roy Bhandari on June 2, 2011
by Roy Bhandari on January 28, 2012
by Roy Bhandari on July 28, 2011
by Roy Bhandari on February 3, 2012
by Roy Bhandari on January 18, 2013
CONTACT US |
If you are interested in receiving more information about this development including floorplans and detailed pricing, please fill out the contact form below or call Roy direct at 416-835-9436. If you would like TalkCondo to send you new developments as soon as they launch to your inbox, sign up to our newsletter here.
