Pearl Place Condos in Toronto

Name: Sales in Pearl Place Condos started!
Start: 2020-10-26T07:27:23.914453+00:00
End: 2023-12-31T23:59:59+0000
Location: Pearl Place Condos

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Project info

Object ID: 10037

Finished at	July 2021
Price, m²	From 8700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	34
Apartments	478
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Sheppard–Yonge 1 min North York Centre 1 min Finch 5 min York Mills 6 min Lawrence/West 13 min Eglinton/West 18 min Dupont 19 min Bathurst 20 min Davisville 20 min Spadina 21 min
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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

435,000$

Net profit

6,783$

Payback period

48.2 years

Avg property value increase per year

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About the project

Pearl Place embodies the very essence of perfection. You can see this in every square inch of this buildings spectacular modern form. Glass, steel and concrete combine to create a place of remarkable richness and prestige. Spacious balconies and intricate architectural elements provide a sense of cultivated distinction that is simply beyond comparison. Welcome to North York’s new home of elite luxury living.

Whether meeting friends for cocktails, enjoying a gourmet dinner, watching the latest big budget movie or relaxing in one of many neighbourhood parks, you can enjoy a truly complete lifestyle here. Now, just steps from Sheppard Subway Station in the heart of North York City Centre, Pearl Place Condominium Residences brings an elite standard of contemporary luxury living to this exceptional urban location.