Central Condos in Toronto

Name: Sales in Central Condos started!
Start: 2020-11-02T09:15:55.430042+00:00
End: 2023-12-31T23:59:59+0000
Location: Central Condos

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Project info

Object ID: 10169

Finished at	October 2022
Price, m²	From 12900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	47
Apartments	426
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 Queen's/Park 2 min St. Patrick 4 min Museum 4 min Bay 4 min Osgoode 5 min Rosedale 6 min Summerhill 7 min St. Andrew 7 min St. Clair/West 8 min Bloor-Yonge 8 min St. George 9 min Wellesley 10 min College 10 min Davisville 11 min Union 12 min Dundas 12 min Spadina 13 min Eglinton/West 14 min Queen 14 min King 15 min Dupont 17 min Sherbourne 17 min Lawrence/West 19 min Bathurst 21 min
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

567,600$

Net profit

6,783$

Payback period

62.9 years

Avg property value increase per year

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About the project

Toronto is ‘Silicon Valley North’, the world’s emerging tech superpower with the fastest growing tech market and fourth largest tech talent pool in North America. Multinationals are converging in the downtown core, where work/life amenities inspire innovation. Here in the hub of interactivity are the high-octane residences of Central, the centre of future living.

Developer

The Concord Group of Companies success has continued with Canada’s largest skyline defining communities, Concord Pacific Place in Vancouver …
Details about Concord Adex