Kings Heights in Calgary

Name: Sales in Kings Heights started!
Start: 2020-09-16T08:09:07.836004+00:00
End: 2023-12-31T23:59:59+0000
Location: Kings Heights

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Project info

Object ID: 9311

Finished at	September 2016
Price, m²	From 1800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 170.00 m²
Floors	2
Apartments	100
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

306,000$

Net profit

9,376$

Payback period

26.0 years

Avg property value increase per year

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Promos and discounts for Kings Heights

About the project

Located just 10 minutes from Calgary in the City of Airdrie, King’s Heights is a tightknit, family-oriented community with something for everyone, from young families to retirees looking to settle into a more recreational lifestyle. Featuring an in-community commercial centre, residents enjoy being within walking distance to essential stores and services, including Shoppers Drug Mart, Home Hardware, and a medical clinic.

The future site of two new schools, King’s Heights is home to large playing fields, tot lots and beautifully landscaped parks. The community also features two large reflection ponds and over five kilometres of pathways to explore.One of them, Heloise Lorimer School (K-8), opened September 1st 2016.

Developer

We’ve been designing and building award-winning homes for more than 40 years. Our reputation for quality is second to none, and yet experien…
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