Homestead in Toronto

Name: Sales in Homestead started!
Start: 2020-10-27T11:09:19.885792+00:00
End: 2023-12-31T23:59:59+0000
Location: Homestead

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

Property for sale in Homestead — look at the real estate search engine GEOLN.COM. Photo 2

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Project info

Object ID: 10066

Finished at	April 2019
Price, m²	From 3665$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 265.00 m²
Floors	2
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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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

971,225$

Net profit

9,376$

Payback period

82.6 years

Avg property value increase per year

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About the project

At OHM, our developers are constantly working to design new luxury homes to fit the needs of our buyers near and far. Innovation never sleeps, and arriving is Homestead – 3 pristine newly constructed homes that are looking for the perfect occupants to live the high life between their four walls.

The Homestead lots bring immense value to buyers looking for solace in the quiet yet conveniently located community of Lawrence and Morningside. These astonishing 3372 sq. ft. detached homes have interlocking driveway pavers that are installed from the driveway and extend far along to the front porch and side entrance door. If you’re impressed by the magnificent exteriors just wait until you step inside and see for yourself what a treasure these homes are.

Developer

Founded in early 2013, OHM developments is a multifaceted real estate developer involved in both the residential and commercial avenues of t…
Details about OHM Developments