The New Lawrence Heights in Toronto

Name: Sales in The New Lawrence Heights started!
Start: 2020-09-25T09:12:41.434376+00:00
End: 2023-12-31T23:59:59+0000
Location: The New Lawrence Heights

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Project info

Object ID: 9539

Finished at	May 2021
Price, m²	From 5500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 130.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Vaughan/Metropolitan Centre 5 min Highway 407 7 min
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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

715,000$

Net profit

9,376$

Payback period

60.8 years

Avg property value increase per year

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About the project

CONTEMPORARY TOWNHOMES COMING SOON TO AN AMAZING NORTH TORONTO LOCATION

Known for its beautiful historic neighbourhoods, excellent amenities and convenient location, North Toronto is one of the GTA's most sought after places to call home.

It's an area known for its beautiful homes, prestigious clubs and celebrated public and private schools. Now, adjacent to the world-renowned Yorkdale Shopping Centre, we're excited to introduce a new collection of prestige townhomes just moments from the best that North Toronto has to offer. A 100 acre transformation currently underway that will bring 5,000 new homes to this convenient North Toronto location. Welcome to The New Lawrence Heights.