Mahogany in Calgary

Name: Sales in Mahogany started!
Start: 2020-09-19T10:36:14.419683+00:00
End: 2023-12-31T23:59:59+0000
Location: Mahogany

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Property for sale in Mahogany — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9362

Finished at	April 2017
Price, m²	From 3645$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 135.00 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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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

492,075$

Net profit

9,376$

Payback period

41.9 years

Avg property value increase per year

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About the project

Centered around the city's largest freshwater lake, Calgary's most complete new community offers an extraordinary mix of homes, plus unique shops, restaurants, 265 acres of parks, wetlands,countless public open spaces, and friendly streets to explore.

Developer

Founded 42 years ago by the Ferraro family, our commitment to craft, quality and building lasting relationships continues to be at the foref…
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