The Davies in Toronto

Name: Sales in The Davies started!
Start: 2020-11-04T08:19:20.683515+00:00
End: 2023-12-31T23:59:59+0000
Location: The Davies

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Project info

Object ID: 10204

Finished at	April 2021
Price, m²	From 12465$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 100.00 m²
Floors	9
Apartments	36
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket Nearby subway stations St. George 3 min Davisville 3 min Museum 5 min Eglinton/West 5 min St. Clair/West 5 min Spadina 7 min Summerhill 8 min Bay 8 min Queen's/Park 9 min Rosedale 10 min Dupont 10 min Lawrence/West 10 min St. Patrick 11 min Osgoode 13 min Bloor-Yonge 13 min Bathurst 14 min St. Andrew 15 min Wellesley 16 min York Mills 16 min College 16 min Dundas 20 min Union 20 min Queen 21 min
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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

1,246,500$

Net profit

9,376$

Payback period

106.0 years

Avg property value increase per year

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About the project

Brandy Lane Homes latest project, The Davies, offers a unique blend of chic downtown living while maintaining the sense of intimacy that condominium buyers are hard pressed to find. Located right next to Robertson Davies Park at Avenue Rd. and Cottingham, the boutique building, designed by SMV Architects, will rise to just nine stories. It has been thoughtfully positioned to capture the views of neighbouring park and the surrounding treetops of Summerhill.