Southwinds in Calgary

Name: Sales in Southwinds started!
Start: 2020-09-18T12:30:10.857200+00:00
End: 2023-12-31T23:59:59+0000
Location: Southwinds

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Project info

Object ID: 9350

Finished at	November 2019
Price, m²	From 2400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 120.00 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

288,000$

Net profit

9,376$

Payback period

24.5 years

Avg property value increase per year

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About the project

Southwinds is a fresh, contemporary complement to our highly successful Airdrie community of Windsong. All roads and pathways lead to Osborne Park at the heart of the community. Enjoy the toboggan hill and puddle skating rink in the winter; and a picnic area, shaded plaza and a large playground structure in the summer. Additionally, a 4-acre environmental reserve, integrated into our 6-acre pond complex, was painstakingly reconstructed using vegetation from the original farmstead. A new K-8 public school in Windsong is also now open.

Architectural designs include the stylish Contemporary design, along with the popular Craftsman, Colonial, and Prairie options. Appreciate Mattamy's visually appealing streetscapes that feature ample trees, attractive architecture, friendly front porches, and discreet garages integrated into the home.

Developer

Years ago, founder Peter Gilgan took a look around and saw an opportunity to create something unique in a world of uniformity. We got to whe…
Details about Mattamy Homes