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South District Condos in Barrie

Name: Sales in South District Condos started!
Start: 2020-10-08T08:36:48.279961+00:00
End: 2023-12-31T23:59:59+0000
Location: South District Condos

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Project info

Object ID: 9774

Finished at	February 2022
Price, m²	From 5770$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.00 m²
Floors	7
Apartments	176
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Commercial area 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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

300,040$

Net profit

7,229$

Payback period

31.6 years

Avg property value increase per year

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About the project

South District Condominiums connects you to Barrie's most complete urban lifestyle. Here, you can discover a sleek and sophisticated place to call home, just moments from all the best that Barrie has to offer. Shopping, dining, parks, trails and beaches can all be found just a short walk or drive away. You can also enjoy the convenience of having the GO Train and Barrie Transit just outside your door, and Hwy. 400 mere minutes away.

Developer

Details about Queensgate Homes

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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South District Condos on the map of Barrie

681 Yonge Street, Barrie, ON

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