Mirabella Luxury Condos - West Tower in Toronto

Name: Sales in Mirabella Luxury Condos - West Tower started!
Start: 2020-10-30T12:02:02.127205+00:00
End: 2023-12-31T23:59:59+0000
Location: Mirabella Luxury Condos - West Tower

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Project info

Object ID: 10133

Finished at	January 2022
Price, m²	From 9040$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 51.00 m²
Floors	38
Apartments	355
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 High Park 3 min Keele 9 min Runnymede 9 min Dundas West 16 min Jane 18 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

461,040$

Net profit

7,229$

Payback period

48.6 years

Avg property value increase per year

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About the project

The Exterior

Standing at 38 storeys, The Mirabella Luxury Condominiums – composed of a pair of stunning towers brought together by an elegant classically inspired podium – offers one of the last opportunities to live exclusively on the Lake Shore.

Enduring and rich in both texture and detail, this remarkable building takes cues from the legacy of waterfront exhibition architecture. The building will have a classical limestone look with timeless proportions, accents of bay windows, and tapered columns. The architecture and the exclusive unprecedented amenities, such as an indoor pool with an unobstructed view of the lake and a fully-equipped exercise room with stunning views of High Park.