Merge Condos in Toronto

Name: Sales in Merge Condos started!
Start: 2020-10-30T11:51:37.821214+00:00
End: 2023-12-31T23:59:59+0000
Location: Merge Condos

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Project info

Object ID: 10132

Finished at	April 2022
Price, m²	From 7900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	12
Apartments	182
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 Kennedy 14 min McCowan 14 min Scarborough/Centre 16 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

426,600$

Net profit

7,229$

Payback period

44.9 years

Avg property value increase per year

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About the project

Merge propels the luxury of contemporary living with its bold architecture and undeniable presence at the corner of Kingston Rd. and Danforth Ave. A stunning focal point, this building is close to the downtown core and complemented by the natural beauty of nearby beaches, panoramic views of Lake Ontario and the infamous Scarborough Bluffs. Merge unifies residents from all walks of life, offering unprecedented access to public transit, sustainable energy technology and a suite of unique amenities for modern, convenient living.