The Ridge at Sage Meadows in Calgary

Name: Sales in The Ridge at Sage Meadows started!
Start: 2020-09-19T10:51:25.436870+00:00
End: 2023-12-31T23:59:59+0000
Location: The Ridge at Sage Meadows

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Project info

Object ID: 9365

Finished at	March 2018
Price, m²	From 2500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 225.00 m²
Floors	2
Apartments	74
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

562,500$

Net profit

9,376$

Payback period

47.9 years

Avg property value increase per year

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About the project

Calgary's newest Northwest community is nestled on a rolling hillside of the Nose Hill Valley.

Welcome to Sage Meadows, a community designed so nature becomes a part of your every day. This is where you will find the perfect balance between city life and country living. Imagine a place where the luxury you deserve and the convenience you need meet in harmony, where the simple things in life and the beauty of the environment are on your very doorstep.

Sage Meadows is estate style living without having to leave Calgary's city limits. Envision a place of balance, where you can enjoy the best of both worlds - city convenience while still being tucked away from the hustle and bustle. The community contains a zoned school site with construction planning already in place. Sage Meadows offers exceptional opportunities to explore the meadows, stroll the miles of natural pathways, or bike through the beautiful environment without ever leaving this astounding community. Nearby you will find the best in shopping and golfing, with easy access to major commuting routes and the airport.

The Ridge at Sage Meadows offers the perfect balance of quiet country living with easy access to modern city amenities.

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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