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King Toronto Condos in Toronto

Name: Sales in King Toronto Condos started!
Start: 2020-10-29T07:06:53.409516+00:00
End: 2023-12-31T23:59:59+0000
Location: King Toronto Condos

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Project info

Object ID: 10099

Finished at	August 2023
Price, m²	From 14550$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	16
Apartments	514
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations St. George 5 min Museum 6 min Spadina 7 min Queen's/Park 8 min Bay 9 min St. Clair/West 10 min Davisville 10 min St. Patrick 10 min Summerhill 11 min Dupont 11 min Rosedale 12 min Eglinton/West 12 min Osgoode 12 min St. Andrew 14 min Bloor-Yonge 14 min Bathurst 15 min Wellesley 16 min College 16 min Lawrence/West 17 min Union 19 min Dundas 19 min Queen 20 min
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

640,200$

Net profit

6,783$

Payback period

70.9 years

Avg property value increase per year

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About the project

Applying the “Total Work of Art” philosophy to the courtyard and public realm, KING Toronto will be a diverse and lively zone for living and shopping with new retail, hospitality, workspace and cultural offerings.

This year-round destination will feature restaurants and cafes, one-of-a-kind shops and services, street celebrations and craft & farmers markets.

Developer

Coming up with an accurate biography of Westbank is challenging. We’re many things, depending on the type of projects that we’re working on,…
Details about Westbank