Addington Park Condominiums in Toronto

Name: 📣 300$ — discount certificate
Start: 2020-10-22T11:57:56.911361+00:00
End: 2023-12-31T23:59:59+0000
Location: Addington Park Condominiums

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Construction

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Project info

Object ID: 9989

Finished at	August 2021
Price, m²	From 400000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	9
Apartments	179
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Finch 10 min North York Centre 13 min Sheppard–Yonge 13 min Ossington 19 min York Mills 19 min Christie 20 min Glencairn 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

12,000,000$

Net profit

5,906$

Payback period

1480.9 years

Avg property value increase per year

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About the project

Addington Park Condominiums will be located on Sheppard Avenue West just minutes from Yonge Street and its wide array of shopping, dining, entertainment and transit options and just steps away from one of Toronto's largest connected park networks. Offering a wide selection of suites including studios, one bedroom, two bedroom and spacious three bedroom - two level designs, many with large balconies and terraces, this will be luxury condominium living at its finest. For those looking for great pre-construction condominium value and the best of urban living surrounded by nature, Addington Park Condominiums will offer the best of all worlds.