The Bread Company Condos in Toronto

Name: Sales in The Bread Company Condos started!
Start: 2020-09-11T08:00:54.990241+00:00
End: 2023-12-31T23:59:59+0000
Location: The Bread Company Condos

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Project info

Object ID: 9215

Finished at	September 2021
Price, m²	From 14320$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	18
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Spa Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Queen's/Park 1 min Museum 2 min Bay 3 min St. Patrick 4 min Summerhill 5 min Rosedale 5 min Osgoode 6 min St. Clair/West 6 min Bloor-Yonge 7 min St. Andrew 8 min St. George 8 min Wellesley 9 min Davisville 9 min College 10 min Eglinton/West 12 min Union 12 min Dundas 13 min Spadina 13 min Queen 14 min King 15 min Dupont 16 min Sherbourne 17 min Lawrence/West 17 min Bathurst 21 min
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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

615,760$

Net profit

6,783$

Payback period

68.2 years

Avg property value increase per year

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About the project

The Bread Company is a namesake to the beloved Silverstein's Bakery that operated at this location for nearly 100 years. Certainly, this is one of the city’s most anticipated condominium developments. Conceived and developed by Lamb Development Corp the property is located at 193 McCaul Street. In the heart of the Health Sciences District, the building is steps away from the country's best Hospitals, as well as University of Toronto, the Eaton Centre shopping mall, Kensington Market and subway stations. The pièce de résistance, the eclectic Baldwin Village is just a few steps from your front door.

The building is a spectacular modern mid-rise by architect Alliance’s Peter Clewes. It offers the world-class Lamb Standard of living to the community of medical and educational professionals and students in the area.

Developer

Lamb Development Corp. (LDC) was founded in 2001 by Toronto’s top condominium broker Brad J. Lamb to directly participate in the development…
Details about Lamb Development Corp.