Ivy in The University District in Calgary

Name: Sales in Ivy in The University District started!
Start: 2020-09-17T08:29:43.124884+00:00
End: 2023-12-31T23:59:59+0000
Location: Ivy in The University District

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Project info

Object ID: 9336

Finished at	February 2019
Price, m²	From 3225$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 110.00 m²
Floors	3
Apartments	131
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

354,750$

Net profit

9,376$

Payback period

30.2 years

Avg property value increase per year

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About the project

University District is designed to be lived in, whether you’re a graduate student, member of university faculty, raising a young family or exploring new freedom now that your kids are on their own. Inviting public spaces, welcoming streets, and every amenity you could need are waiting outside your front door. And inside? Homes designed for the way you live your life, with functional rooms, enduring finishes, and light-filled spaces.