Evolution in Calgary

Name: Sales in Evolution started!
Start: 2020-09-21T11:30:27.366380+00:00
End: 2023-12-31T23:59:59+0000
Location: Evolution

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Project info

Object ID: 9416

Finished at	November 2017
Price, m²	From 5400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 73.00 m²
Floors	31
Apartments	274
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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

394,200$

Net profit

8,283$

Payback period

37.2 years

Avg property value increase per year

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About the project

The first residential project in Calgary’s East Village, Evolution lives up to its name as a boldly designed residential community that is redefining downtown living.

Evolution represents a paradigm shift for Calgary, ushering in a fresh urban lifestyle surrounded by endless amenities and daily conveniences, including RiverWalk just steps away. Designed by celebrated architect James Cheng, the visionary 2 phased project seamlessly blends old world charm and modern simplicity to forge an inviting collection of spacious, bright living spaces.

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