Milan Condominiums in Toronto

Name: Sales in Milan Condominiums started!
Start: 2020-10-26T07:54:55.183158+00:00
End: 2023-12-31T23:59:59+0000
Location: Milan Condominiums

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Property for sale in Milan Condominiums — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 10040

Finished at	August 2017
Price, m²	From 8680$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 63.00 m²
Floors	37
Apartments	322
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Bloor-Yonge 1 min Rosedale 2 min Wellesley 4 min St. Patrick 4 min Bay 4 min Osgoode 4 min Summerhill 4 min College 4 min Queen's/Park 4 min St. Andrew 5 min St. Clair/West 7 min Museum 7 min Dundas 7 min Union 8 min Queen 9 min King 11 min Sherbourne 11 min Davisville 12 min St. George 14 min Eglinton/West 15 min Spadina 18 min Bayview 19 min Lawrence/West 20 min Castle Frank 20 min
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

546,840$

Net profit

7,813$

Payback period

54.1 years

Avg property value increase per year

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About the project

Where innovation, passion, and sophistication converge, a world-ranking residence rises. A space of promise. A place of exhilaration. Milan is where the now and the next are invented. In the heart of downtown Toronto, Rosedale elegance and Yorkville energy meet with the enchantment of Milan, creating a dynamic synthesis of culture and style. Seductive, timeless design. The essence of European haute couture swirled with the soul-fire of Toronto, in an intriguing elixir of good taste. This is Milan. A glass sculpture that transcends the ordinary. Milan: defining good taste.