VITA TWO in Toronto

Name: Sales in VITA TWO started!
Start: 2020-10-19T07:41:29.520391+00:00
End: 2023-12-31T23:59:59+0000
Location: VITA TWO

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Project info

Object ID: 9914

Finished at	April 2021
Price, m²	From 10000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 94.00 m²
Floors	16
Apartments	169
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Jane 6 min Runnymede 6 min High Park 15 min Old Mill 17 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

940,000$

Net profit

9,376$

Payback period

80.0 years

Avg property value increase per year

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About the project

Mattamy continues its growth along the Etobicoke waterfront with its latest boutique condo, Vita Two. This stunning 16-storey condo offers contemporary, stylish living in a modern community environment. You will enjoy exclusive amenities like an indoor pool, a 24-hour concierge, party room, fitness room, pet wash and even a guest suite. Vita Two allows you to choose from a range of suite designs and sizes. Enjoy the waterfront views, and stroll among the natural trails and parks, while still being only minutes away from downtown.

Developer

Years ago, founder Peter Gilgan took a look around and saw an opportunity to create something unique in a world of uniformity. We got to whe…
Details about Mattamy Homes