Lumina at Emerald City in Toronto

Name: Sales in Lumina at Emerald City started!
Start: 2020-10-30T08:48:35.794459+00:00
End: 2023-12-31T23:59:59+0000
Location: Lumina at Emerald City

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Project info

Object ID: 10127

Finished at	November 2021
Price, m²	From 8840$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	15
Apartments	254
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Don Mills 1 min Pape 19 min Donlands 20 min Chester 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

477,360$

Net profit

7,229$

Payback period

50.3 years

Avg property value increase per year

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About the project

Lumina is the ultimate reflection of the thriving community in which it resides—a haven that embodies Emerald City’s vivacity with a modernist fusion of technical design and a unique sense of space. The planned thirteen-storey Tower and seven-storey Oasis Suites are nestled amid a vibrant neighbourhood, threaded within the lush landscaping. Lumina’s distinct design complements the sophistication of the area with architectural intent.

By way of interior and exterior design, Lumina perfects the balance between privacy and community, remaining grounded and offering the epitome of tranquility and ease. The building’s diverse external finishes and a variegated palette of materiality and colouration create a rhythmic sense of dynamic interplay, giving each a unique aesthetic quality. Spectacular yet modest, Lumina is distinct from its Emerald City neighbours – Lumina positively shines.

Developer

ELAD Canada is a multi-billion dollar real estate development, investment and asset management company with best-in-class mixed-use developm…
Details about Elad Canada