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Project info

Object ID: 9967

Finished at	July 2021
Price, m²	From 10900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 47.00 m²
Floors	22
Apartments	504
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Broadview 7 min Castle Frank 7 min Chester 12 min Sherbourne 15 min King 16 min Queen 17 min Dundas 19 min Union 19 min Pape 21 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

512,300$

Net profit

6,783$

Payback period

56.8 years

Avg property value increase per year

6%

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About the project

New Release of Suites Coming Soon!

Wake up in Toronto’s East End and be part of a neighbourhood with true character and community. Your new condo at Power + Adelaide awaits.

Welcome home.

Developer

Details about Great Gulf

Hotline

+1 855 588 8066

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home (Power + Adelaide) on the map of Toronto

48 Power Street, Toronto, ON

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