Drake Landing in Calgary

Name: Sales in Drake Landing started!
Start: 2020-09-21T07:43:39.788672+00:00
End: 2023-12-31T23:59:59+0000
Location: Drake Landing

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

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Project info

Object ID: 9406

Finished at	November 2017
Price, m²	From 3380$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 110.00 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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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

371,800$

Net profit

9,376$

Payback period

31.6 years

Avg property value increase per year

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About the project

The Town of Okotoks is located 15 minutes south of Calgary. Okotoks is a community with mountains and prairies, forests and wildlife, friendly people, historic and cultural attractions. The parks invite family picnics and the activities around town will provide entertainment for everyone in your group - year round.

Okotoks provides all the small town charm you would expect, from landmark buildings to quaint streets filled with restaurants, shops and services. Beautiful views of the mountains and valley, landscapes to view all year round.

Developer

For over 65 years, home owners have chosen us for our unwavering commitment to design, quality, community, and customer service and we have …
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