Cypress at Pinnacle Etobicoke in Toronto

Name: Sales in Cypress at Pinnacle Etobicoke started!
Start: 2020-11-02T07:51:37.411139+00:00
End: 2023-12-31T23:59:59+0000
Location: Cypress at Pinnacle Etobicoke

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Property for sale in Cypress at Pinnacle Etobicoke — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 10161

Finished at	March 2021
Price, m²	From 7240$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	25
Apartments	288
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Kipling 7 min Islington 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

419,920$

Net profit

7,229$

Payback period

44.2 years

Avg property value increase per year

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About the project

A new vibrant master planned community is coming soon to Etobicoke.

Located on Dundas Street West between Kipling Ave. and Hwy 427, this ideal location is your connection to a stress-free commute to work, easy access to endless weekend possibilities, and the comforts of your own home.