Monza Condos in Toronto

Name: Sales in Monza Condos started!
Start: 2020-10-21T06:30:25.923748+00:00
End: 2023-12-31T23:59:59+0000
Location: Monza Condos

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Project info

Object ID: 9953

Finished at	April 2022
Price, m²	From 10330$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	9
Apartments	76
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Dufferin 4 min Ossington 8 min Glencairn 11 min Lansdowne 11 min Christie 16 min Yorkdale 18 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

557,820$

Net profit

7,229$

Payback period

58.7 years

Avg property value increase per year

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About the project

Monza is at the centre of a bustling midtown neighbourhood that teems with great breakfast spots, restaurants, coffee shops, bakeries, fresh markets, fashion boutiques and more. It's also just a short walk from the delightful Wychwood Barns, where you can enjoy access to its dog run, splash pad, artist studios, and pick up some treats at its organic farmer's market. With the streetcar at your door and subway to downtown in minutes, and immediately adjacent to the prestigious Forest Hill and Rosedale nearby, home to the city’s best private schools, you're going to love life at Monza.