The Rise West Grove Estates in Calgary

Name: Sales in The Rise West Grove Estates started!
Start: 2020-09-17T08:37:55.998144+00:00
End: 2023-12-31T23:59:59+0000
Location: The Rise West Grove Estates

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Property for sale in The Rise West Grove Estates — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9338

Finished at	November 2016
Price, m²	From 3080$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 190.00 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

585,200$

Net profit

9,376$

Payback period

49.8 years

Avg property value increase per year

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About the project

A picturesque community of uncompromising value located in West 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 resident’s quality built new homes in an established neighbourhood that allows them to live life to the fullest.

From the moment you enter The Rise, the carefully designed homes create a sense of arrival to an estate community. Each home follows strict architectural guidelines that preserve the value and prestige of a West Springs address.

The Rise at West Grove Estates is designed to create a balance between both work and play. A short ten kilometre commute to downtown via Bow Trail and fast access to the Rockies for weekend escapes create a sense of balance in your life.

Your new home is waiting for you to turn the key and step into a whole new lifestyle in Calgary’s desirable west end.