Art on Main in Milton

Name: Sales in Art on Main started!
Start: 2020-10-31T08:44:36.452516+00:00
End: 2023-12-31T23:59:59+0000
Location: Art on Main

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Project info

Object ID: 10147

Finished at	December 2020
Price, m²	From 5600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 75.00 m²
Floors	10
Apartments	177
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Spa Fitness Pool 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

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

420,000$

Net profit

8,283$

Payback period

39.6 years

Avg property value increase per year

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About the project

Art on Main is an ultra-contemporary condominium residence that blends modern chic with inviting and functional suite layouts to create spaces that are at once remarkably liveable and supremely stylish. Everything, from the exquisite architecture to the impressive open-concept floor plans has been carefully considered to give residents the ultimate experience in designer condominium living.

But the lifestyle at Art on Main goes well beyond the suites themselves. There’s also retail shops at street level and an exceptional residents only amenities complex that includes a pool, fitness centre, lounge, party room, home theatre, billiards room, rooftop terrace and more. It’s the total package designer condo lifestyle, and it’s yours to discover at Art on Main.

Developer

At Fernbrook Homes we believe that taking care of our customers is our first and most important priority. From the moment you walk into one …
Details about Fernbrook Homes