The Harlowe in Toronto

Name: The Harlowe
Brand: Lamb Development Corp.
SKU: 9219
Availability: InStock

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Project info

Object ID: 9219

Finished at	July 2018
Price, m²	From 12670$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	14
Apartments	210
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Spadina 4 min St. George 5 min Dupont 7 min Bathurst 9 min Museum 11 min Davisville 12 min Eglinton/West 12 min St. Clair/West 14 min Queen's/Park 14 min Bay 14 min Summerhill 15 min Lawrence/West 16 min St. Patrick 16 min Rosedale 17 min Christie 17 min Osgoode 18 min Bloor-Yonge 20 min York Mills 20 min St. Andrew 20 min
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Personal discount certificate 300$
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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

570,150$

Net profit

6,783$

Payback period

63.2 years

Avg property value increase per year

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About the project

The Harlowe is a new condo development by Lamb Development Corp. at 618 Richmond Street West, Toronto. The development was completed in 2018.

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.