The Poet Condos in Toronto

Name: Sales in The Poet Condos started!
Start: 2020-10-27T08:20:21.389707+00:00
End: 2023-12-31T23:59:59+0000
Location: The Poet Condos

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Project info

Object ID: 10062

Finished at	June 2022
Price, m²	From 10400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 68.00 m²
Floors	6
Apartments	76
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Greenwood 4 min Donlands 8 min Coxwell 9 min Pape 16 min Woodbine 20 min
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Personal discount certificate 300$
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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

707,200$

Net profit

7,813$

Payback period

70.0 years

Avg property value increase per year

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About the project

Located at Queen Street. E. and Leslie Street, The Poet Condominiums is Toronto’s most exciting new urban residence.

Discover a vibrant urban lifestyle in one of Toronto’s most iconic neighbourhoods. Unique shops and restaurants, beautiful parklands, easy access to TTC streetcar and more make The Poet Condominiums the new home of stylish and convenient living in Toronto’s east end. To your own self, be true — at The Poet Condominiums.