Deerfield Lane Ancaster in Hamilton

Name: Deerfield Lane Ancaster
Brand: Scarlett Homes
SKU: 9709
Availability: InStock

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Project info

Object ID: 9709

Finished at	March 2019
Price, m²	From 2900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 240.00 m²
Floors	2
Apartments	18
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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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

696,000$

Net profit

9,376$

Payback period

59.2 years

Avg property value increase per year

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About the project

Fully Loaded Features Include: All Brick, Stone, And Stucco Exterior, Central Air Conditioning, Granite Countertop In Kitchen With Undermount Stainless Sink And Upgraded Kitchen Faucet, Nine Foot Main Floor Ceiling Height, Gas Fireplace, Oak Treads On Staircase To Second Floor, Raised Maple Kitchen Cabinets, Pantry, Pots And Pans Drawer, Crown Moulding And Light Valance Under Kitchen Cabinets, Oak Hardwood Floor In Upper Hall And Dining Room, Four Exterior Pot Lights, Ten Interior Pot Lights, Basement Bathroom Rough In, Cold Room, Eight Foot Tall Steel Insulated Garage Door, Wood Stain Package For Fireplace And Staircase, Front Elevation Window Grills, Dinette Terrace Door, California Knock Down Ceilings Instead Of Spray, Large Selection Of Up To 18 Inch Ceramic Floor Tiles In Kitchen And Lower Hall, Choice Of Nickel Or Chrome Villa Style Interior Door Hardware, Antiqued Front Gripset.