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Burke Condos in Toronto

Name: Sales in Burke Condos started!
Start: 2020-11-05T07:14:30.462629+00:00
End: 2023-12-31T23:59:59+0000
Location: Burke Condos

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Project info

Object ID: 10220

Finished at	December 2023
Price, m²	From 11450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	53
Apartments	501
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Sherbourne 1 min King 4 min Queen 5 min Dundas 5 min Union 7 min College 7 min Wellesley 8 min Castle Frank 8 min Bloor-Yonge 10 min St. Andrew 10 min Osgoode 12 min St. Patrick 13 min Rosedale 14 min Queen's/Park 15 min Bay 16 min Summerhill 16 min St. Clair/West 18 min Museum 19 min Bessarion 19 min Broadview 19 min
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

458,000$

Net profit

5,883$

Payback period

56.7 years

Avg property value increase per year

Open ROI calculator

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About the project

Standing 53 storeys, this sleek, contemporary tower carves a striking silhouette in the skyline and offers stunning city and treetop views. Far from just another skyscraper, Burke is thoughtfully designed at the ground level and features the integration of rich heritage homes as well as a dynamic and colourful pathway with benches, landscaping and architectural lighting. This is all part of an impressive sense of arrival that leads to an abundance of amenities spanning three floors and just about everything you and your guests could desire. Complete with chef’s kitchen, private dining room and expansive fireside terrace, the second floor is where you will entertain friends and family over a meal, movie or game of pool. The 27th floor is split between a state-of-the-art Fitness Centre that will have you canceling your fitness membership, and co-working and meeting spaces that make working from home seamless. At Burke, you can choose from a diverse selection of homes ranging from Junior One to Three Bedroom. Whatever your choice, each home has been elevated by sophisticated design and a timeless palette of natural tones. Featuring a German-engineered Bosch appliance package, quartz countertops and thoughtful layouts, the modern kitchens have been designed to inspire your inner gourmet. Begin and wind down each day in your bathroom sanctuary – featuring impressive, large-format marble-patterned porcelain tile floor and accent wall in striking contrast with matte black hardware.

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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