Carrington in Calgary

Name: Sales in Carrington started!
Start: 2020-09-18T13:08:36.402369+00:00
End: 2023-12-31T23:59:59+0000
Location: Carrington

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Project info

Object ID: 9351

Finished at	December 2018
Price, m²	From 2100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 120.00 m²
Floors	2
Apartments	208
Building phase	Completed
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

252,000$

Net profit

9,376$

Payback period

21.4 years

Avg property value increase per year

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About the project

A fully master-planned community that embraces its natural surroundings, Carrington connects active, healthy living with beautiful home designs in one of Calgary's most desirable locations. Within or adjacent to the community are ample green spaces, including the Rotary/Mattamy Greenway with paths connecting residents to the Green Corridor and amenities within the community. This inspiring collection of Townhomes and Detached homes is a unique community to live, play and grow.

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