Cornerstone in Calgary

Name: Sales in Cornerstone started!
Start: 2020-09-12T07:20:39.217121+00:00
End: 2023-12-31T23:59:59+0000
Location: Cornerstone

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Project info

Object ID: 9240

Finished at	December 2020
Price, m²	From 1745$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 130.00 m²
Floors	2
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

226,850$

Net profit

9,376$

Payback period

19.3 years

Avg property value increase per year

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About the project

Cornerstone is Calgary’s new Northeast, spanning over 1,000 hectares of land with a stunning mix of pristine prairie views and urban amenities. Conveniently located in Calgary’s northeast close to Stoney Trail, Country Hills and Deerfoot Trail, Cornerstone residents can easily access a wide array of amenities including six schools, Calgary Northeast Sports Facility, Max Bell Arena, the Calgary airport, Sunridge Mall, Peter Lougheed Hospital and the highly anticipated redevelopment of Deerfoot City.

Developer

Our vision is to make this a reality by challenging ourselves year after year to raise the industry standard through; innovation, quality an…
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