The Royal in Calgary

Name: Sales in The Royal started!
Start: 2020-09-21T11:18:21.254397+00:00
End: 2023-12-31T23:59:59+0000
Location: The Royal

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Project info

Object ID: 9414

Finished at	May 2019
Price, m²	From 4475$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 42.00 m²
Floors	34
Apartments	223
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness Commercial area 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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

187,950$

Net profit

6,783$

Payback period

20.8 years

Avg property value increase per year

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About the project

As the tallest building in Mount Royal Village, The Royal offers a sophisticated design that is both functional and beautiful. Its exoskeleton construction elevates liveability without compromising the elegance of the façade, while Embassy BOSA’s superior level of quality and meticulous attention to detail set The Royal life apart from all others. Anchoring the neighbourhood as more than a residence, The Royal is a destination in itself.

Developer

Think Different. We see development potential differently than others. We focus on placemaking based on where cities are in their growth cy…
Details about Bosa Development