August at University District in Calgary

Name: Sales in August at University District started!
Start: 2020-09-15T08:51:26.279886+00:00
End: 2023-12-31T23:59:59+0000
Location: August at University District

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Project info

Object ID: 9293

Finished at	October 2019
Price, m²	From 4440$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	6
Apartments	120
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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

222,000$

Net profit

6,783$

Payback period

24.6 years

Avg property value increase per year

Open ROI calculator

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About the project

Stately and dignified, August at University District cultivates vitality and connectivity within this vibrant northwest community.

Paying homage to Calgary’s urban landscape August is comprised of 120 residential units situated above a main floor retail in a six-storey mixed use development showcasing sophisticated architectural design and an expansive list of amenities. Home styles will range from compact studios, functional one bedrooms and spacious two bedroom suites.

Developer

Since 1978, Homes by Avi has been building award winning new houses in Calgary and area, and has helped shaped over 140 outstanding communit…
Details about Avi Urban