31 Condominiums in Toronto

Name: Sales in 31 Condominiums started!
Start: 2020-11-05T11:37:23.793712+00:00
End: 2023-12-31T23:59:59+0000
Location: 31 Condominiums

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Project info

Object ID: 10232

Finished at	August 2024
Price, m²	From 10850$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	41
Apartments	428
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Broadview 6 min Castle Frank 9 min Chester 11 min Sherbourne 17 min King 18 min Pape 19 min Queen 19 min Dundas 21 min Union 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

596,750$

Net profit

7,229$

Payback period

62.8 years

Avg property value increase per year

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About the project

Our vision was to combine the romance and relaxing atmosphere of European walking and patio districts with the hip, cool dynamic of an area like New York City’s SoHo or Chelsea, where creative minds come together and you feel as if anything could happen.