PARK POINT in Calgary

Name: Sales in PARK POINT started!
Start: 2020-09-23T08:12:16.275028+00:00
End: 2023-12-31T23:59:59+0000
Location: PARK POINT

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Project info

Object ID: 9488

Finished at	August 2018
Price, m²	From 4670$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	34
Apartments	289
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness Pool 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

9,495$

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

247,510$

Net profit

7,229$

Payback period

26.1 years

Avg property value increase per year

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About the project

PARK POINT is walkable, beautiful and central. Raising the bar on lifestyle and quality, this upscale collection of homes features a superb Beltline location, designed to enrich modern city living including the street-level live-work townhomes, one- and two-bedroom condos (plus den/flex) and penthouses. Enjoy parkside living, with panoramic views from the tallest tower in the area, plus all urban amenities, boutique shopping and historic Central Memorial Park and Memorial Park Public Library, literally at your door.