Observatory Hill in Toronto

Name: Sales in Observatory Hill started!
Start: 2020-10-26T09:07:25.401030+00:00
End: 2023-12-31T23:59:59+0000
Location: Observatory Hill

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Project info

Object ID: 10046

Finished at	November 2019
Price, m²	From 7860$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 135.00 m²
Floors	3
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 19 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

1,061,100$

Net profit

9,376$

Payback period

90.3 years

Avg property value increase per year

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About the project

Heighten your awareness. Admire your pristine surroundings. Begin to recognize that every element of your environment has been designed with meaning. This is your living story, a tale of next generation luxury in a place of peace and tranquility.

Developer

At the heart of Aspen Ridge Homes is customer satisfaction. Every day, Aspen Ridge Homes strives to exceed customers’ expectations with an u…
Details about Aspen Ridge Homes