Sandgate in Mahogany in Calgary

Name: Sales in Sandgate in Mahogany started!
Start: 2020-09-23T06:27:19.989571+00:00
End: 2023-12-31T23:59:59+0000
Location: Sandgate in Mahogany

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Project info

Object ID: 9476

Finished at	June 2018
Price, m²	From 2600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	4
Apartments	53
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
Conveniences	Parking Fitness 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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

143,000$

Net profit

7,229$

Payback period

15.1 years

Avg property value increase per year

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About the project

Expertly designed around your lifestyle, Sandgate features homes with plenty of personalized options, including your choice of floor plan and finishing options. In addition, the building’s outdoor space and common areas have been carefully planned with both functionality and style in mind. Explore Sandgate, and find your home today.