The Garden District Condos in Toronto

Name: Sales in The Garden District Condos started!
Start: 2020-11-04T09:26:52.957560+00:00
End: 2023-12-31T23:59:59+0000
Location: The Garden District Condos

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Project info

Object ID: 10210

Finished at	October 2022
Price, m²	From 11750$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	32
Apartments	234
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket Nearby subway stations King 3 min Sherbourne 4 min Queen 5 min Dundas 6 min Union 7 min Castle Frank 7 min College 9 min Wellesley 10 min St. Andrew 11 min Bloor-Yonge 12 min Osgoode 13 min St. Patrick 15 min Rosedale 16 min Queen's/Park 17 min Bay 18 min Broadview 18 min Summerhill 18 min Museum 21 min St. Clair/West 21 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

528,750$

Net profit

6,783$

Payback period

58.6 years

Avg property value increase per year

Open ROI calculator

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About the project

The Garden District Condominium continues the exhilarating renaissance sweeping the Garden District neighbourhood in downtown Toronto. Continuing upon the recent gentrification of Shuter St, this remarkable 32-storey, 234-suite modern contemporary building consists of 3 elements: a heritage preservation base, a mid rise podium and a glass cantilever tower allowing natural light to fill the interiors, while north and south facing balconies offer an impressive view of the city’s skyline and the plentiful green spaces surrounding the area.

The Garden District Condominium is one of the latest residential condominium towers designed by Peter Clewes and Adam Feldmann of the acclaimed ArchitectsAlliance architectural firm. Inspired by the enduring shapes and timeless style of architect Mies van der Rohe, the design of the Garden District Condominium will withstand the test of time. The sleek interiors are designed by Dochia Interior Design, with luxurious and refined finishes that exude modern sophistication. Contemporary yet classic, the Garden District Condominium will be a handsome timeless beauty.

The heritage buildings facing Shuter Street will be carefully restored and integrated into the condominium. The base will be repurposed for a limited number of 2-storey lofthouses with separate entrances from Shuter St, and also for amenity space for the entire condominium. From the impressive 2-storey gym to the executive concierge, an amazing array of amenities will have you feeling utterly spoiled. An incredible walk score of 99, transit score of 100, and bike score of 83 means you can walk, take the TTC, or bike just about anywhere. And with future forward charging stations for electric cars, The Garden District Condominium truly connects the old with the new.

Developer

Armed with a strong understanding of urban design and a future-forward approach to real estate, The Sher Corporation is focused on developin…
Details about The Sher Corporation