Savanna in Calgary

Name: Sales in Savanna started!
Start: 2020-09-24T07:38:08.107756+00:00
End: 2023-12-31T23:59:59+0000
Location: Savanna

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Project info

Object ID: 9502

Finished at	December 2020
Price, m²	From 2420$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 190.00 m²
Floors	2
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

459,800$

Net profit

9,376$

Payback period

39.1 years

Avg property value increase per year

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Promos and discounts for Savanna

About the project

Savanna, Genstar's newest venture in northeast Calgary is envisioned as a vibrant place. Planning for Savanna is guided by smart growth principles. Savanna is a neighbourhood within the community of Saddle Ridge and will be home to over 7,000 residents, offering excellent opportunities to shop, work, learn and play, here and nearby.

Access is readily available from all parts of Calgary. Stoney Trail is located to the east, providing a regional link to all directions. Airport Trail will provide easy access to Calgary International Airport and adjacent employment areas, Metis Trail and 60th street are two strong north-south linkages to access other adjacent communities and shopping needs. Currently Savanna is less than a kilometre from the Saddleridge LRT ensuring quick connection to downtown Calgary.