Sonic in Toronto

Name: Sales in Sonic started!
Start: 2020-11-03T08:46:09.125966+00:00
End: 2023-12-31T23:59:59+0000
Location: Sonic

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Project info

Object ID: 10183

Finished at	January 2020
Price, m²	From 7370$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 82.00 m²
Floors	28
Apartments	320
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Donlands 8 min Greenwood 9 min Pape 13 min Coxwell 15 min Don Mills 16 min Chester 20 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

604,340$

Net profit

9,376$

Payback period

51.4 years

Avg property value increase per year

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About the project

The Sonic Condo community is truly ahead of its time. Located at Don Mills Rd and Eglinton Ave E., Sonic provides a living experience that is designed to amplify creativity for a new era. Find yourself just across the street from the brand-new Eglinton Crosstown and future Don Mills Station, and just moments from the Don Valley Parkway and Highway 404. Nothing is out of reach at Sonic. Situated in a park setting with easy access to Toronto’s many bars, restaurants, schools, shops and more, Sonic is bringing a new meaning to urban living.