Nova Urban Towns Phase 2 in Toronto

Name: Sales in Nova Urban Towns Phase 2 started!
Start: 2020-10-27T07:32:03.512993+00:00
End: 2023-12-31T23:59:59+0000
Location: Nova Urban Towns Phase 2

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Property for sale in Nova Urban Towns Phase 2 — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 10058

Finished at	November 2020
Price, m²	From 7280$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 100.00 m²
Floors	4
Apartments	42
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Finch 5 min North York Centre 8 min Sheppard–Yonge 9 min York Mills 16 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

728,000$

Net profit

9,376$

Payback period

61.9 years

Avg property value increase per year

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Promos and discounts for Nova Urban Towns Phase 2

About the project

A collection of 42 modern residences in an intimate setting that reflects a new sophistication emerging at Yonge and Finch. Nova Towns, developed by Kaleido Developments, features the very best finishes including 9 ft high smooth ceilings, European inspired kitchens and baths, wide plank and porcelain tile flooring, with an exterior envelope complimented by masonry and wood grain textured metal long board.

Nova Towns is a community that keeps you in mind by offering generous balconies and terraces, illuminated walkways and secured car elevator parking.