88 Queen Condos - Phase 2 in Toronto

Name: Sales in 88 Queen Condos - Phase 2 started!
Start: 2020-10-22T09:30:55.499140+00:00
End: 2023-12-31T23:59:59+0000
Location: 88 Queen Condos - Phase 2

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Project info

Object ID: 9986

Finished at	April 2024
Price, m²	From 10900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	51
Apartments	569
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 King 3 min Sherbourne 4 min Queen 4 min Dundas 6 min Union 6 min Castle Frank 8 min College 9 min Wellesley 9 min St. Andrew 11 min Bloor-Yonge 12 min Osgoode 13 min St. Patrick 14 min Rosedale 16 min Queen's/Park 17 min Bay 17 min Summerhill 18 min Broadview 19 min Museum 20 min St. Clair/West 21 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

654,000$

Net profit

7,229$

Payback period

68.9 years

Avg property value increase per year

Open ROI calculator

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About the project

Resting on an impressive bronze podium, soaring into the heavens, 88 Queen is a vision in white. Melding with the clouds and light, its iconic lattice of white aluminum and fritted glass and deep vertical fins make a stunning statement. Animating the skyline. Enlivening the streetscape. An expression of perfection. Letting the sky in. Keeping the world out. Innovative design that reimagines life in a thriving city.