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Tridel at The Well in Toronto

Name: Sales in Tridel at The Well started!
Start: 2020-10-23T08:14:42.413826+00:00
End: 2023-12-31T23:59:59+0000
Location: Tridel at The Well

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Project info

Object ID: 10007

Finished at	December 2022
Price, m²	From 11470$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 115.00 m²
Floors	38
Apartments	760
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Museum 5 min St. George 6 min Queen's/Park 7 min Bay 8 min St. Patrick 9 min St. Clair/West 9 min Spadina 9 min Summerhill 10 min Osgoode 10 min Rosedale 10 min Davisville 11 min St. Andrew 12 min Bloor-Yonge 13 min Eglinton/West 13 min Dupont 13 min Wellesley 14 min College 15 min Union 17 min Bathurst 17 min Dundas 17 min Lawrence/West 18 min Queen 19 min King 20 min
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,319,050$

Net profit

9,376$

Payback period

112.2 years

Avg property value increase per year

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About the project

Tridel is proud to introduce Toronto’s most anticipated condominium lifestyle: The Well. A bold reflection of the city’s energy and diversity, and an extension of the urban vibrancy of King West, The Well offers urban living along Front and boutique signature living along Wellington.

Developer

We’ve come a long way since Jack DelZotto, the founder of our company built our first home in 1934. We think it’s important we introduce yo…
Details about Tridel