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Brownstones at Westown Phase 2

Brownstones at Westown Phase 2

Estimated Completion Winter 2019

The Brownstones at Westown is a new townhouse development by Lindvest currently under construction at 2277 Sheppard Avenue West, Toronto. The development is scheduled for completion in 2019. The Brownstones at Westown has a total of 152 units. Sizes range from 568 to 856 square feet.

Project specs

Location

60 Parrotta Dr., Toronto, ON

Developer

Lindvest

Availability

SOLD OUT

Brownstones at Westown Phase 2

Starting Price

$445,000

Est Value on Completion

$600,000

Est Rent

$2200

Equity Investment

$45,000

Project Cash-on-Cash Return

105%

Downtown Toronto

PSF

$1300

Price

1B

$750k

Price

2B

$950k

Rent

1B

$2,200

Rent

2B

$3,100

ROI

1B

3%

ROI

2B

1%

PSF

$1300

Price

1B

$750k

Rent

1B

$2,200

ROI

1B

3%

Price

2B

$950k

Rent

2B

$3,100

ROI

2B

1%

Source: Condo.ca 5 yr average for area

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