Chelsea in Calgary

Name: Sales in Chelsea started!
Start: 2020-09-12T07:42:52.931910+00:00
End: 2023-12-31T23:59:59+0000
Location: Chelsea

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Construction

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Property for sale in Chelsea — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9243

Finished at	March 2020
Price, m²	From 2071$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 115.00 m²
Floors	2
Apartments	49
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

238,165$

Net profit

9,376$

Payback period

20.3 years

Avg property value increase per year

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Promos and discounts for Chelsea

About the project

A 20 minute drive from downtown Calgary, well positioned and accessible to many regional destinations, Chelsea is a 316 acre master planned community on the westerly edge of the City of Chestermere. At completion, it will be home to over 5,400 residents in a variety of housing types near schools, parks, neighbourhood shopping, pathways and an eco-park.

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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