The LakeFront in Toronto

Name: Sales in The LakeFront started!
Start: 2020-11-02T11:53:08.505372+00:00
End: 2023-12-31T23:59:59+0000
Location: The LakeFront

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

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Property for sale in The LakeFront — look at the real estate search engine GEOLN.COM. Photo 4

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Property for sale in The LakeFront — look at the real estate search engine GEOLN.COM. Photo 6

Property for sale in The LakeFront — look at the real estate search engine GEOLN.COM. Photo 7

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Project info

Object ID: 10170

Finished at	May 2020
Price, m²	From 11300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 42.00 m²
Floors	41
Apartments	886
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations St. George 6 min Spadina 8 min Museum 8 min Queen's/Park 10 min Bay 11 min Dupont 12 min St. Clair/West 12 min St. Patrick 12 min Davisville 12 min Summerhill 12 min Osgoode 13 min Rosedale 13 min Eglinton/West 13 min Bathurst 15 min St. Andrew 15 min Bloor-Yonge 16 min Wellesley 17 min College 18 min Lawrence/West 18 min Union 19 min Dundas 20 min Queen 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

474,600$

Net profit

6,783$

Payback period

52.6 years

Avg property value increase per year

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About the project

The LakeFront is part of a legendary new development in which the historic 1928 Loblaw Warehouse is being restored and transformed into a 50,000 sq. ft. Loblaws flagship supermarket. The tower’s contemporary design, juxtaposed with the historic warehouse is pure genius.

The development’s downtown Toronto location is close to the city’s finest restaurants, shopping, entertainment, and sports venues. Inside, there’s a spectacular range of amenities like: a resort-style spa and pool, state-of-the-art fitness gym, rooftop SkyGarden and Japanese-inspired tea rooms. The suites offer panoramic lake and city views and are finished with exceptional quality features and finishes.

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