5North Condos in Oakville

Name: Sales in 5North Condos started!
Start: 2020-10-17T08:02:46.929318+00:00
End: 2023-12-31T23:59:59+0000
Location: 5North Condos

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Property for sale in 5North Condos — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9906

Finished at	April 2022
Price, m²	From 6950$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 47.00 m²
Floors	6
Apartments	150
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

326,650$

Net profit

6,783$

Payback period

36.2 years

Avg property value increase per year

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About the project

Discover our newest Boutique Condos in the heart of our established Preserve community. You will have plenty of choice between charming Studio designs, up to large 2 Bedroom plans, plus 5North's building amenities, which usher in the utmost convenience and comfort. You will always have peace of mind knowing 5North is constructed of durable concrete and steel. Come explore where prestige meets urban splendour with restaurant and shopping just a stone's throw away and scenic trails where you can go for a jog or just enjoy a morning coffee - all you need is right outside your front door in 5North The Preserve.

Developer

Years ago, founder Peter Gilgan took a look around and saw an opportunity to create something unique in a world of uniformity. We got to whe…
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