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Carmelina Condos

Carmelina Condos

Estimated Completion 2014

Carmelina Condominiums is a new condo development by Fusioncorp and Tre Memovia Inc. at 2057 Danforth Ave, Toronto. The development was completed in 2014. Carmelina Condominiums has a total of 148 units. Sizes range from 577 to 1018 square feet.

Project specs

Location

2055 Danforth Ave, Toronto, ON

Developer

Fusioncorp and Tre Memovia Inc.

Availability

SOLD OUT

Carmelina Condos

Starting Price

$390,000

Est Value on Completion

$660,000

Est Rent

$2600

Equity Investment

$72,000

Project Cash-on-Cash Return

200%

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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