The Rise West Grove Estates in Calgary

Name: Sales in The Rise West Grove Estates started!
Start: 2020-09-17T07:09:00.787666+00:00
End: 2023-12-31T23:59:59+0000
Location: The Rise West Grove Estates

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Project info

Object ID: 9324

Finished at	March 2019
Price, m²	From 2640$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 200.00 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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Personal discount certificate 300$
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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

528,000$

Net profit

9,376$

Payback period

44.9 years

Avg property value increase per year

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Promos and discounts for The Rise West Grove Estates

About the project

A picturesque community of uncompromising value located in West Springs, Calgary, where friends and family can gather to enjoy an inner-city lifestyle. As an extension of West Grove Estates, The Rise at West Grove Estates offers residents quality-built new homes for sale in an established West Calgary neighbourhood that allows them to live life to the fullest.

Developer

Cedarglen Homes can help you take the leap into your next stage of life by creating a beautiful and functional home that you can customize -…
Details about Cedarglen Homes