Avenue & Park Condos in Toronto

Name: Sales in Avenue & Park Condos started!
Start: 2020-10-23T12:08:09.198218+00:00
End: 2023-12-31T23:59:59+0000
Location: Avenue & Park Condos

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Project info

Object ID: 10021

Finished at	May 2020
Price, m²	From 13130$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 98.00 m²
Floors	7
Apartments	36
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Sheppard–Yonge 9 min North York Centre 10 min Finch 11 min Christie 12 min York Mills 12 min Bathurst 13 min Dupont 15 min Ossington 16 min Lawrence/West 16 min Spadina 18 min Eglinton/West 20 min
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Personal discount certificate 300$
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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

1,286,740$

Net profit

9,376$

Payback period

109.5 years

Avg property value increase per year

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About the project

Where instead of building a condominium, the idea was to create a collection of connected private residences so as to envision a vertical neighbourhood, where each spacious suite had its own distinctive personality, style and design.