The Kip District Phase 2 in Toronto

Name: Sales in The Kip District Phase 2 started!
Start: 2020-11-05T06:48:41.139365+00:00
End: 2023-12-31T23:59:59+0000
Location: The Kip District Phase 2

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Project info

Object ID: 10217

Finished at	May 2022
Price, m²	From 6080$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 88.00 m²
Floors	24
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 Kipling 4 min Islington 18 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

535,040$

Net profit

9,376$

Payback period

45.5 years

Avg property value increase per year

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About the project

At The Kip District, everything is connected. Landscaped mews link five modern towers which encircle a lush park, the centerpiece of this contemporary, master-plan community. This space encourages relaxation. Meet old friends and new neighbours, walk your dog or discover a quiet corner to read the weekend paper. The Kip District is an enclave; a community within a community. A home to be proud of.

And The Kip District Phase 2 Condominiums is just that. Rising up on the Etobicoke skyline, each side of the glass facade is decorated with balconies and terraces, showcasing expansive views of the city. Thoughtfully-designed and well-crafted, The Kip District Phase 2 combines sophisticated form with elegant angles worth looking up to.

Developer

In 1989, through a unique partnership involving the City of Vancouver, the Province of British Columbia, union and management pension funds …
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