E2 Condos in Toronto

Name: E2 Condos
Brand: RioCan Living
SKU: 9943
Availability: InStock

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Project info

Object ID: 9943

Finished at	February 2022
Price, m²	From 10800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 66.00 m²
Floors	48
Apartments	617
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Davisville 2 min Eglinton/West 2 min St. Clair/West 6 min Lawrence/West 6 min Summerhill 8 min St. George 8 min Museum 9 min Bay 10 min Rosedale 11 min Spadina 11 min Queen's/Park 12 min York Mills 13 min Dupont 13 min St. Patrick 14 min Bloor-Yonge 14 min Osgoode 16 min Bayview 16 min Wellesley 17 min Bathurst 18 min College 18 min St. Andrew 18 min Sheppard–Yonge 19 min Dundas 21 min North York Centre 21 min
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

712,800$

Net profit

7,813$

Payback period

70.5 years

Avg property value increase per year

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About the project

Now available, the Penthouse suites at e2 create a new standard for lavish midtown living. Spectacular views and sensational design define these elite midtown residences. Inside, these suites have been appointed with only the finest features and finishes. Chef-inspired kitchens, elegant ensuite bathrooms and captivating living spaces invite you to an extraordinary experience of home. Discover midtown’s most exclusive lifestyle opportunity in this highly limited release.

Developer

Since 1993 RioCan has helped shape the places Canadians want to work and shop. Starting now, RioCan Living will help shape the places they w…
Details about RioCan Living