Pine Creek in Calgary

Name: Sales in Pine Creek started!
Start: 2020-09-14T08:21:21.323171+00:00
End: 2023-12-31T23:59:59+0000
Location: Pine Creek

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

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Project info

Object ID: 9265

Finished at	November 2020
Price, m²	From 1960$
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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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

254,800$

Net profit

9,376$

Payback period

21.7 years

Avg property value increase per year

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Promos and discounts for Pine Creek

About the project

Pine Creek is Calgary's new master planned community. Where early morning runs are partnered with early evening leisurely strolls and moments to connect with those that the matter most. Situated south of 210th avenue and east of Sheriff King Street, residents will be less than ten minutes from South Health Campus, Spruce Meadows, Fish Creek Park and the ample amenities of Shawnessy.

Developer

Today, with numerous awards and an unparalleled reputation, Morrison Homes is a household name in Alberta. But our legacy – borne from hard …
Details about Morrison Homes