The Reserve Collection in Toronto

Name: Sales in The Reserve Collection started!
Start: 2020-10-22T12:30:02.341702+00:00
End: 2023-12-31T23:59:59+0000
Location: The Reserve Collection

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Project info

Object ID: 9991

Finished at	May 2023
Price, m²	From 9800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	27
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Main Street–/Science World 1 min Woodbine 12 min Victoria Park 13 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

568,400$

Net profit

7,229$

Payback period

59.9 years

Avg property value increase per year

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About the project

COMING TO DANFORTH AND MAIN

WHAT'S THE SECRET TO AMAZING URBAN LIVING?

IT'S ALL ABOUT CONNECTIONS.

At The Reserve Collection, we're bringing connected condominium living to a neighbourhood that puts the subway, streetcar and GO Transit at your door. It's a home that connects you to all the best the city has to offer like never before.

Developer

Tribute Communities is a Builder/Developer with over 35 years experience who has built more than 30,000 homes across Southern Ontario. The c…
Details about Tribute Communities