Symons Gate in Calgary

Name: Sales in Symons Gate started!
Start: 2020-09-14T09:01:39.526069+00:00
End: 2023-12-31T23:59:59+0000
Location: Symons Gate

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Project info

Object ID: 9271

Finished at	November 2017
Price, m²	From 2460$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 165.00 m²
Floors	2
Building phase	Completed
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

405,900$

Net profit

9,376$

Payback period

34.5 years

Avg property value increase per year

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About the project

Situated on the edge of a stunning prairie preserve, Symons Gate offers the best of city amenities and the warmth of small town values. Next to the area’s only year-round farmers’ market, and connected to Calgary’s extensive pathways system, Symons Gate is a uniquely active, healthy and social community you’ll love to come home to. With the choice of modern or timeless prairie inspired architecture, Symons Gate will not only suit your lifestyle, but your tastes as well.

Morrison offers front garage homes built to our advantage specifications. Elevation designs come in three “Prairie Progressive” styles to choose from: Prairie Craftsman, Prairie Modern and the decidedly contemporary Prairie Habitat.

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