The View Beach Residences in Toronto

Name: Sales in The View Beach Residences started!
Start: 2020-11-02T08:26:12.356985+00:00
End: 2023-12-31T23:59:59+0000
Location: The View Beach Residences

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Project info

Object ID: 10164

Finished at	December 2021
Price, m²	From 6200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 105.00 m²
Floors	8
Apartments	30
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Main Street–/Science World 2 min Woodbine 11 min Victoria Park 14 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

651,000$

Net profit

9,376$

Payback period

55.4 years

Avg property value increase per year

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About the project

They say that the best views come after the hardest climb. But they have never been enveloped in the peaceful utopia of the panoramic vistas from The View. This is a remarkable vantage point, a breathless landscape and the reason why living in the heart of the Prime Beach is just so appealing. It’s all in your point of view.

Located just steps from the boardwalk within one of Toronto’s most sought-after communities, The View Beach Residences will offer the best of both worlds. This luxury condominium residence is just minutes from downtown, but far enough away that you can enjoy a relaxed and healthy Beach lifestyle.

With strong Walk, Transit and Bike scores, The View is the epitome of convenience. Whichever way you travel, on Kingston Road or Queen Street, you will find a cosmopolitan mixture of trendy cafes, cozy restaurants, fresh markets and eclectic boutiques, as well as many other diverse shops and amenities, all naturally at your doorstep.

Boldly contemporary, The View will offer a unique collection of only thirty panoramic two and three bedroom suites and townhomes. Dominated by oversized windows and lavish open-air balconies and terraces, this will truly be the highest standard in beachside living. The vistas will be breathtaking. And for a fortunate few, there are two iconic 2-storey penthouse suites available with their own private infinity pools.

Developer

Following a successful career with a well-established condominium developer in Toronto, Michael Stuart founded Grove Project Management Inc.…
Details about Grove Inc.