The Willows of River Heights in Calgary

Name: Sales in The Willows of River Heights started!
Start: 2020-09-23T09:03:08.885365+00:00
End: 2023-12-31T23:59:59+0000
Location: The Willows of River Heights

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Project info

Object ID: 9490

Finished at	November 2016
Price, m²	From 1900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 130.00 m²
Floors	2
Apartments	99
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

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

247,000$

Net profit

9,376$

Payback period

21.0 years

Avg property value increase per year

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About the project

Enjoy small town charm intertwined with nature and still get easy access to all the amenities your family needs. The Willows of River heights is specifically designed to maintain peace and quiet of nature. With limited properties and traffic calming measures you and your family will feel safe and at home in the Willows. With beautiful parks and plenty of walkways your next adventure is right out your front door.