Nolan Hill in Calgary

Name: Sales in Nolan Hill started!
Start: 2020-09-14T08:37:42.631870+00:00
End: 2023-12-31T23:59:59+0000
Location: Nolan Hill

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Project info

Object ID: 9268

Finished at	December 2017
Price, m²	From 5030$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 3820.00 m²
Floors	2
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

19,214,600$

Net profit

9,376$

Payback period

1634.6 years

Avg property value increase per year

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About the project

Tucked away in northwest Calgary, Nolan Hill has an extensive pathway system, natural ravines, ponds, parks and future school sites; all with convenient access to the nearby foothills, Stoney Trail and the picturesque Rocky Mountains. This unique community also boasts a water and energy conservation program, so your new front garage Morrison home will be part of something environmentally friendly and sustainable.

Developer

Today, with numerous awards and an unparalleled reputation, Morrison Homes is a household name in Alberta. But our legacy – borne from hard …
Details about Morrison Homes