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Warehouse Lofts in Toronto

Name: Sales in Warehouse Lofts started!
Start: 2020-11-04T11:45:18.634499+00:00
End: 2023-12-31T23:59:59+0000
Location: Warehouse Lofts

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Project info

Object ID: 10211

Finished at	September 2022
Price, m²	From 9080$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 89.00 m²
Floors	11
Apartments	29
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Castle Frank 5 min Broadview 8 min Sherbourne 13 min Chester 14 min King 14 min Queen 16 min Dundas 17 min Union 18 min College 20 min Wellesley 21 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

808,120$

Net profit

9,376$

Payback period

68.7 years

Avg property value increase per year

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About the project

Something big, bold and completely different is coming to the corner of Queen and Parliament: Warehouse Lofts Toronto. Thanks to the unique commercial zoning, this exciting concept is a complete reimagining of urban live/work space. Nothing else in the GTA comes close.

Located in the top five levels of the heritage-inspired Parliament&Co. boutique mid-rise, it offers the raw, industrial aesthetic of a conversion loft with the modern technology and guaranteed quality of a brand-new build – truly the best of both worlds.

You can live there and run a creative business, tech firm or other interesting startup out of your home – you’ll be joining an inspiring community of makers, thinkers, dreamers and doers. What could be more inspiring?

The building is unbeatable – and so is the location.

Warehouse Lofts Toronto is located at the corner of Queen and Parliament in New Corktown, just east of downtown in one of the city's fastest-growing arts and innovation hubs.

It’s an amazing place to live – the perfect mix of heritage homes and cutting-edge condos in an up-and-coming neighbourhood that’s poised for great things. Plus, if you operate a business out of your home, you'll be surrounded by some pretty inspiring neighbors. The WE Global Learning Centre, SAS Canada, Coca Cola, The Globe & Mail, Loyalty One, Scotiabank, George Brown College, Technicolor Creative Services and Google’s new Sidewalk City are all in the neighbourhood, putting your small business in some very good company.

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