Redstone in Calgary

Name: Sales in Redstone started!
Start: 2020-09-21T10:07:55.722245+00:00
End: 2023-12-31T23:59:59+0000
Location: Redstone

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Project info

Object ID: 9411

Finished at	February 2018
Price, m²	From 2080$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 200.00 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

416,000$

Net profit

9,376$

Payback period

35.4 years

Avg property value increase per year

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About the project

Nurtured by Qualico’s EQwell philosophy – an integration of healthy living in harmony with the environmental responsibility and Qualico’s contemporary lifestyle options – Redstone brings new focus to the principals of family life and community. Redstone is a unique community with a unique vision and the attention to the design of Redstone ensures that residents have access to many initiatives that promote physical activity and reduced energy use – fostering a sense of unity. Design and attention to the creation of human-scale environments establishes a sense of place in Redstone. High quality pedestrian environments promote non-vehicular modes of transportation that deepen the sense of community residents will enjoy. Redstone residents will enjoy a total of 3.5 kms of a regional pathway system that will incorporate fitness equipment.

Redstone is the perfect place for family – with its array of product offering and access to green space. Redstone fully supports values of family, food, education and home. Amenities in the area include, a future LRT station with commercial, two school sites, plenty of parks and pathways and much much more

Developer

NuVistas’ commitment to providing high quality homes at an affordable price has set the standard for Calgary home builders since the company…
Details about NuVista Homes