Galleria 02 Condos in Toronto

Name: Sales in Galleria 02 Condos started!
Start: 2020-10-30T08:57:11.324998+00:00
End: 2023-12-31T23:59:59+0000
Location: Galleria 02 Condos

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Project info

Object ID: 10128

Finished at	December 2023
Price, m²	From 9800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 48.00 m²
Floors	24
Apartments	191
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 Lansdowne 2 min Dufferin 6 min Glencairn 8 min Dundas West 13 min Yorkdale 13 min Ossington 16 min Wilson 16 min Keele 21 min
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Personal discount certificate 300$
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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

470,400$

Net profit

6,783$

Payback period

52.1 years

Avg property value increase per year

Open ROI calculator

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About the project

Introducing Galleria on the Park, a master-planned community on the new Dupont by Elad Canada and Freed. A celebration of people who have forged a cultural district of its own - one that’s warm and welcoming, colourful and curious, bold and ambitious. Galleria fuses urban living with a rarely seen massive dedicated park, public spaces, lifestyle experiences, exceptional retail and innovative office space. Enjoy every new activity and event right here in a community living, working and growing as one.

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