Theatre District Tower in Toronto

Name: Sales in Theatre District Tower started!
Start: 2020-10-24T12:23:46.083676+00:00
End: 2023-12-31T23:59:59+0000
Location: Theatre District Tower

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Project info

Object ID: 10029

Finished at	November 2021
Price, m²	From 11100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 78.00 m²
Floors	51
Apartments	461
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Queen's/Park 3 min St. Patrick 4 min Museum 4 min Bay 4 min Osgoode 5 min Rosedale 7 min Summerhill 7 min St. Andrew 7 min St. Clair/West 8 min Bloor-Yonge 8 min St. George 9 min Wellesley 10 min College 10 min Davisville 11 min Union 12 min Dundas 12 min Spadina 13 min Queen 14 min Eglinton/West 14 min King 15 min Dupont 17 min Sherbourne 17 min Lawrence/West 19 min Bathurst 21 min
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

865,800$

Net profit

8,283$

Payback period

81.6 years

Avg property value increase per year

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About the project

Located in the heart of the world-class theatre district, this new property is just moments from elegant dining, convenient shopping, and of course, Canada’s best live theatre.