28 Eastern in Toronto

Name: Sales in 28 Eastern started!
Start: 2020-10-20T13:01:31.579410+00:00
End: 2023-12-31T23:59:59+0000
Location: 28 Eastern

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Project info

Object ID: 9951

Finished at	August 2024
Price, m²	From 9900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 42.00 m²
Floors	12
Apartments	379
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Broadview 5 min Chester 9 min Castle Frank 10 min Pape 17 min Sherbourne 18 min King 19 min Queen 21 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

415,800$

Net profit

6,783$

Payback period

46.1 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for 28 Eastern

About the project

Located in Toronto’s historic and beloved Corktown neighbourhood, 28 Eastern by Alterra is inspired by life in all its incredible variations. This 12-storey mid-rise condominium embraces the bright future of what’s to come.

Discover urban living at the epicentre of inspiring spaces, forward-thinking design and connectivity. A stroll away from the new proposed Google Sidewalk Labs and East Harbour – which promises an area full of digital innovations, fun and entertainment, and new parkland. Enjoy the conveniences of close proximity to the future Corktown Subway Station, George Brown College, Distillery District, Corktown Commons, King St. East, Canary District and St. Lawrence Market.