Harris Square Condos in Toronto

Name: Sales in Harris Square Condos started!
Start: 2020-10-05T09:00:23.034659+00:00
End: 2023-12-31T23:59:59+0000
Location: Harris Square Condos

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Project info

Object ID: 9683

Finished at	December 2020
Price, m²	From 8800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 125.00 m²
Floors	13
Apartments	154
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Broadview 4 min Chester 6 min Castle Frank 13 min Pape 14 min Donlands 21 min
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Personal discount certificate 300$
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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

1,100,000$

Net profit

9,376$

Payback period

93.6 years

Avg property value increase per year

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About the project

Unquestionably the most design forward residential development in Toronto today, Urban Capital’s River City complex has arrived at its last phase. Launched in 2009, River City has set a new standard for condominium design in the city. And for the fourth and final phase, Saucier + Perrotte has confirmed its penchant for bold forms, creating yet another architectural masterpiece.

Named after the quietly elegant public square that it faces, Harris Square will be a series of gyrating pentagonal plates, reflecting the five sides of the site itself, and allowing for oversized balconies and terraces on most floors.

Continuing River City’s commitment to exceptional architectural and interior design, Harris Square will, for a select few, be a very fitting culmination of the River City neighbourhood.

Developer

Since we started out with our 48-unit Camden Lofts development back in 1996, these have been our touchstones. That project, on dusty Camden …
Details about Urban Capital