Observatory Hill in Toronto

Name: Sales in Observatory Hill started!
Start: 2020-10-26T07:15:40.084883+00:00
End: 2023-12-31T23:59:59+0000
Location: Observatory Hill

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Project info

Object ID: 10036

Finished at	August 2020
Price, m²	From 3700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 280.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Finch 18 min North York Centre 20 min Sheppard–Yonge 21 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

1,036,000$

Net profit

9,376$

Payback period

88.1 years

Avg property value increase per year

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Promos and discounts for Observatory Hill

About the project

The Conservatory Group is excited to introduce Observatory Hill. A spectacular new master planned community located adjacent to the historic David Dunlap astronomical Observatory in Richmond Hill. Boasting a wonderful collection of luxury homes and an incredible location at Bayview and 16th Avenue, you can discover a universe of convenient family living at Richmond Hill’s best location.

Modern conveniences abound, including numerous top-rated shopping destinations just moments away on Yonge St. such as Hillcrest Mall, South Hill Shopping Centre, Richmond Centre and more. Plus, easy access to GO Transit, VIVA Transit and Hwys. 404 and 407 make it easy to get to all of the GTA’s top destinations when you call Observatory Hill home.