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    313 - 50 McCaul St

    For SaleForm
    $998,000
    2 Beds
    2 Bath
    1 Parking
    861 SQFT
    11 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $906/mth
    Taxes:
    $4,499 (2024)
    Cost Per Sqft:
    $1,159/sqft
    Locker:
    Owned
    Outdoor Space:
    Juliet Balcony
    Exposure:
    South
    Possession Date:
    October 8, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, South View
    19.26 x 10.66ft
    Dining
    Laminate, Combined with Living, Large Window
    19.26 x 10.66ft
    Kitchen
    Built-in Appliances, O/Looks Dining, Laminate
    8.33 x 7.42ft

    About this Listing

    Loft Living at Its Finest! Location, location, location! This is your opportunity to own a rare 2-bedroom, 2-bathroom loft in a boutique Tridel-built building, complete with one parking spot and one locker.Situated in the heart of the city's vibrant arts and culture district, this luxurious unit at the prestigious Form Condo offers a bright, open-concept design with floor-to-ceiling windows, flooding the space with natural light. The contemporary interior features LED lighting, smooth ceilings, and laminate flooring throughout. The modern kitchen is equipped with Granite & Quartz countertops and high-end stainless steel appliances, including an oversized fridge, stove, oven, and built-in microwave. Frameless glass showers and spacious walk-in closets add to the units allure.Located just steps from University Avenue and Dundas Street, this prime location puts you within a 2-minute walk of OCAD University and Grange Park, a 3-minute walk to the Art Gallery of Ontario (AGO), and a 5-minute walk to the nearest subway station and hospitals. In just 8 minutes, you can reach the University of Toronto. Heading south, a 3-minute walk brings you to Queen Street, where you can enjoy top-tier dining and boutique shopping. The property offers quick access to two subway stations and major highways, ensuring easy connectivity across the city. Perfect for young professionals, couples, and families seeking a dynamic urban lifestyle, this loft also presents a fantastic investment opportunity for generating rental income. Don't miss out, submit your offer today! Enjoy state-of-the-art amenities, including an outdoor patio, fully-equipped gym, yoga room, party room, concierge service, and more.

    re/max imperial realty inc.MLS® #C9306896


    Amenities

    Rooftop Deck
    Rec Room
    Bike Storage
    Games Room
    Security System
    Gym Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,191
    Average Individual Income
    $60,939
    Average Household Size
    2 persons
    Average Age
    45
    Average Household Income
    $88,765
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    31%
    35 - 49
    19%
    50 - 64
    17%
    65+
    17%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    53%
    Detached
    29%
    Semi Detached
    9%
    Low Rise Apartment
    5%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    68%
    Mandarin
    13%
    Cantonese
    11%
    Tamil
    3%
    Telugu
    2%
    Tagalog
    1%
    Hindi
    1%
    Korean
    1%
    Education
    University and Above
    41%
    High School
    23%
    College
    16%
    None
    13%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    16%
    Social Sciences
    12%
    Math & Computer Sciences
    11%
    Health & Related Fields
    9%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Form vs The Kensington Market Area

    Days on Strata

    Units at Form spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Kensington Market

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 7 condos in the Kensington Market area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    29
    Units were Rented over the past twelve months

    Best Value Rank

    Form offers the
    ?
    best value out of 7 condos in the Kensington Market neighbourhood

    Appreciation Rank

    Form has the
    ?
    highest ROI out of 7 condos in the Kensington Market neighbourhood

    Rental Yield

    Form yields the
    ?
    highest rent prices out of 7 condos in the Kensington Market neighbourhood

    High Demand

    Form is the
    ?
    most popular building out of 7 condos in the Kensington Market neighbourhood

    Transaction Insights at 50 McCaul Street

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$660,000No Data$868,000No Data
    Avg. Cost Per Sqft$1,236No Data$1,258No Data
    Avg. Wait for Unit Availability649 Days119 Days199 Days456 Days
    Ratio of Units in Building34%33%25%11%

    Transactions vs Inventory

    Total number of units listed and sold in Kensington Market