The Lofthouse Condominiums in Toronto

Name: Sales in The Lofthouse Condominiums started!
Start: 2020-10-31T07:30:52.444460+00:00
End: 2023-12-31T23:59:59+0000
Location: The Lofthouse Condominiums

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Property for sale in The Lofthouse Condominiums — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 10141

Finished at	June 2021
Price, m²	From 8900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 75.00 m²
Floors	6
Apartments	58
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Pape 2 min Chester 8 min Donlands 8 min Broadview 14 min Greenwood 16 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

667,500$

Net profit

8,283$

Payback period

62.9 years

Avg property value increase per year

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About the project

A six-storey intimate residence, The Lofthouse offers only 58 suites and amenities that focus on the holistic approach to living life well, including outdoor space complete with yoga studio overlooking tree canopies to the north.