Redstone in Calgary

Name: Sales in Redstone started!
Start: 2020-09-23T07:50:08.410270+00:00
End: 2023-12-31T23:59:59+0000
Location: Redstone

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Property for sale in Redstone — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9486

Finished at	March 2017
Price, m²	From 1930$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 2070.00 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

3,995,100$

Net profit

9,376$

Payback period

339.9 years

Avg property value increase per year

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About the project

The beautiful community of Redstone is located in the northeast quadrant of Calgary and is a revolutionary community designed with careful attention to what matters most. Featuring two new school sites, a commercial development, a future LRT station, and easy access to Stoney Trail. We are featuring two brand new models; the Arlington and Karma. These two brand new front drive showhomes are now open!