Lighthouse East Tower in Toronto

Name: Sales in Lighthouse East Tower started!
Start: 2020-10-30T07:45:14.430930+00:00
End: 2023-12-31T23:59:59+0000
Location: Lighthouse East Tower

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Project info

Object ID: 10123

Finished at	August 2020
Price, m²	From 10000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	36
Apartments	300
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Castle Frank 5 min Sherbourne 10 min King 10 min Queen 11 min Dundas 13 min Broadview 13 min Union 13 min College 16 min Wellesley 16 min St. Andrew 17 min Chester 19 min Bloor-Yonge 19 min Osgoode 20 min St. Patrick 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

540,000$

Net profit

7,229$

Payback period

56.9 years

Avg property value increase per year

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About the project

Located at Queens Quay East + Richardson Street

The newest addition to the triumphant Daniels Waterfront – City of the Arts community

24-hour concierge to welcome you and your guests

Wide expanses of masonry and glass, its façade punctuated by staggered balconies mimics the waves of Lake Ontario

Bright, smart, livable urban spaces, innovatively detailed with form and function. Clean, crisp and cool interiors, making use of every inch of available space for living and entertaining.

Suite layouts from studios to 2 bedroom plus den

Developer

The Daniels Corporation builds with a passion for creating vibrant communities in every sense of the word. Daniels looks beyond the bricks a…
Details about The Daniels Corporation