Rancher's Rise in Calgary

Name: Sales in Rancher's Rise started!
Start: 2020-09-21T07:57:08.672260+00:00
End: 2023-12-31T23:59:59+0000
Location: Rancher's Rise

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Project info

Object ID: 9408

Finished at	October 2016
Price, m²	From 3030$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 125.00 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

378,750$

Net profit

9,376$

Payback period

32.2 years

Avg property value increase per year

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About the project

Nestled in the northeast corner of Okotoks, Ranchers Rise offers wide open spaces with the beauty of nature surrounding the quality of Sterling Homes.

Ranchers Rise is a serene place to call home and a wonderful place to raise a family with dedicated green spaces, wetlands and nature trails to add to the wonderful location full of amenities that will suit every family and lifestyle.

Developer

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