Carrington South in Calgary

Name: Sales in Carrington South started!
Start: 2020-09-18T11:46:18.675709+00:00
End: 2023-12-31T23:59:59+0000
Location: Carrington South

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Project info

Object ID: 9344

Finished at	June 2019
Price, m²	From 2100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 180.00 m²
Floors	2
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

378,000$

Net profit

9,376$

Payback period

32.2 years

Avg property value increase per year

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About the project

Located in Calgary’s vibrant northwest, Carrington is a community framed around everyday necessities. This highly walkable community boasts amazing views to the west, paired with natural wetlands, winding pathways and an environmental reserve. With convenient access to major routes like Stoney Trail and Centre Street, Carrington is just minutes away from nearby established amenities.