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Moodie Estates - Phase 2 in Smiths Falls

Name: Sales in Moodie Estates - Phase 2 started!
Start: 2020-10-19T09:17:01.865036+00:00
End: 2023-12-31T23:59:59+0000
Location: Moodie Estates - Phase 2

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Project info

Object ID: 9923

Finished at	August 2021
Price, m²	From 2950$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 140.00 m²
Floors	2
Apartments	25
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

413,000$

Net profit

9,376$

Payback period

35.1 years

Avg property value increase per year

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About the project

Moodie Estates is a beautiful rural setting with rolling hills and large country lots perfect for those who want to escape the busyness of town or city life. It is conveniently located almost exactly between Smiths Falls and Perth, giving many options for shopping or dining and many other amenities. The 1+ acre lots allow for the most part a walkout foundation.

Almost directly adjacent to Moodie Estates is the Beckwith Golf Course, an 9 hole golf course. This development also offers a decent commute to Ottawa by just traveling up Hwy 15 to the new Highway 7, leading directly into the south end of Ottawa. Check out our beautiful customizable models for sale below.

Developer

Details about Park View Homes

Hotline

+1 855 588 8066

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Moodie Estates - Phase 2 on the map of Smiths Falls

115 EJ's Lane, Smiths Falls, ON

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