Terraces at Eglinton in Toronto

Name: Sales in Terraces at Eglinton started!
Start: 2020-11-03T11:55:25.916294+00:00
End: 2023-12-31T23:59:59+0000
Location: Terraces at Eglinton

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Project info

Object ID: 10193

Finished at	November 2021
Price, m²	From 6500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 120.00 m²
Floors	3
Apartments	35
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Main Street–/Science World 8 min Woodbine 10 min Coxwell 20 min Victoria Park 20 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

780,000$

Net profit

9,376$

Payback period

66.4 years

Avg property value increase per year

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About the project

Terraces at Eglinton offers a collection of 35 modern towns nestled on treelined Tisdale Avenue, just south of Eglinton Avenue and west of Victoria Park. Comprising of 6 unique blocks of towns, Terraces at Eglinton offers a modern aesthetic inside and out to develop a community that is unlike any in North York.

The exterior brick is complemented with wood textured material concrete panels, to create a warm modern interpretation of traditional town homes. Some of the features include, up to 9ft smooth ceilings, engineered hardwood floors and quartz countertops. But best of all, rooftop terraces are part of your outdoor space, designed with a gas bib connection, horizontal wood slat dividers and beautiful city and green views. This is Terraces at Eglinton.