346 Davenport in Toronto

Name: Sales in 346 Davenport started!
Start: 2020-10-21T08:12:06.463611+00:00
End: 2023-12-31T23:59:59+0000
Location: 346 Davenport

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Project info

Object ID: 9964

Finished at	August 2020
Price, m²	From 10930$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 180.00 m²
Floors	10
Apartments	34
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations St. George 2 min Spadina 3 min Dupont 6 min Davisville 6 min Eglinton/West 6 min Museum 9 min St. Clair/West 9 min Lawrence/West 10 min Bathurst 10 min Summerhill 12 min Bay 12 min Queen's/Park 12 min Rosedale 14 min York Mills 15 min St. Patrick 15 min Osgoode 17 min Bloor-Yonge 17 min Christie 18 min St. Andrew 19 min Wellesley 20 min College 20 min Sheppard–Yonge 21 min
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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

1,967,400$

Net profit

9,376$

Payback period

167.4 years

Avg property value increase per year

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About the project

Great streets are defined by great buildings. That was the sense of purpose that guided the creation of 346 Davenport. At first glance you could think you are looking at a European streetscape or a SoHo masterpiece. Sleek panels of floor-to-ceiling glass create a flowing sightline. Balconies embrace both the interior and exterior in a seamless vista. Concrete meets steel while unique accents of greenery seem to sprout, wistfully joining edifice and boulevard. Here is a contribution to the essence of Toronto–elegant, yet speaking volumes about style and substance.

Developer

Peter Freed is reimagining the city with his own brand of design-based development, constantly driven by what he calls an "obsession" with e…
Details about Freed Developments