The LakeShore Condos in Toronto

Name: Sales in The LakeShore Condos started!
Start: 2020-11-02T12:09:01.760166+00:00
End: 2023-12-31T23:59:59+0000
Location: The LakeShore Condos

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Project info

Object ID: 10172

Finished at	May 2020
Price, m²	From 11070$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 46.00 m²
Floors	41
Apartments	876
Condition	Turnkey
Construction type	Monolyth
Security	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 7 min Museum 9 min Dupont 11 min Queen's/Park 11 min Bay 12 min Davisville 12 min St. Clair/West 12 min St. Patrick 13 min Summerhill 13 min Eglinton/West 13 min Bathurst 13 min Rosedale 14 min Osgoode 14 min St. Andrew 16 min Bloor-Yonge 17 min Lawrence/West 18 min Wellesley 19 min College 19 min Union 21 min Christie 21 min Dundas 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

509,220$

Net profit

6,783$

Payback period

56.4 years

Avg property value increase per year

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About the project

The LakeShore, the most anticipated Downtown Toronto condo by Concord Adex, is located at Lake Shore Blvd. and Bathurst St. in the Concord CityPlace neighborhood. Rising majestically above an iconic structure, The LakeShore condo will be one-of-a-kind. Exceptional lake and city views. A 50,000 sq. ft. Loblaws flagship supermarket, 11,000 sq. ft. restaurant, and 88,000 sq. ft. of additional retail. Refined suite design. Inspired features and finishes and a compendium of life, health, and fitness amenities like none other.

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