U.C. Tower Condominiums in Oshawa

Name: Sales in U.C. Tower Condominiums started!
Start: 2020-10-23T06:35:42.347206+00:00
End: 2023-12-31T23:59:59+0000
Location: U.C. Tower Condominiums

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Project info

Object ID: 9999

Finished at	May 2022
Price, m²	From 5860$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 46.00 m²
Floors	25
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

269,560$

Net profit

6,783$

Payback period

29.9 years

Avg property value increase per year

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About the project

After successfully launching UC, UC Towns, and UC Towns 2, we're pleased to introduce UC Tower! Nestled into the heart of Oshawas most vibrant area, UC Tower is where the action is. With a UOIT campus and Durham College just steps away, the area is buzzing with youthful energy. UC Tower is designed to help you enjoy life in your own neighbourhood.

Developer

Tribute Communities is a Builder/Developer with over 35 years experience who has built more than 30,000 homes across Southern Ontario. The c…
Details about Tribute Communities