Southpoint by Vesta Properties in Calgary

Name: Sales in Southpoint by Vesta Properties started!
Start: 2020-09-19T09:53:43.769835+00:00
End: 2023-12-31T23:59:59+0000
Location: Southpoint by Vesta Properties

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Project info

Object ID: 9356

Finished at	April 2020
Price, m²	From 1600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 120.00 m²
Floors	3
Apartments	584
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Commercial area 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

192,000$

Net profit

9,376$

Payback period

16.3 years

Avg property value increase per year

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About the project

Nestled in the vibrant Southwest quadrant of Airdrie, the Southpoint community is connected to the heart of all the action. With direct access to the Queen Elizabeth-II Highway, Main Street, and multiple transit options, you can enjoy easy commuting wherever your day takes you!

With such close proximity to Main Street, shopping is just a short drive away as well as a great plethora of restaurants and services.

Southpoint brings you the best in amenity rich living! With over 12 acres of parks and green space woven throughout the neighbourhood, plus playgrounds, recreational amenities, and an elementary school planned for Spring 2020, Southpoint is the ideal place to raise a family. Play tennis or basketball, picnic in the park, barbecue with friends and neighbours – there’s always something fun to do. Southpoint also connects with Airdrie’s extensive network of walking and cycling trails. Having such an abundance of greenery and amenities at your doorstep will enrich your family’s quality of life.

Developer

At VESTA PROPERTIES, we understand that buying the right home in the right community is significant. This is why we’re dedicated to making s…
Details about Vesta Properties