Tela Condos in Calgary

Name: Sales in Tela Condos started!
Start: 2020-09-24T08:56:14.007148+00:00
End: 2023-12-31T23:59:59+0000
Location: Tela Condos

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Project info

Object ID: 9510

Finished at	May 2017
Price, m²	From 4600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	4
Apartments	51
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

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

248,400$

Net profit

7,229$

Payback period

26.2 years

Avg property value increase per year

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About the project

tela has high ceilings, huge windows and exceptional finishings. Pick a great floor plan. Have fun individualizing your suite. And, experience the dynamic lifestyle of Calgary’s most desired, creative and fun neighbourhood.

It’s all about being out-and-about in the village that is the Mission community. Walk to coffee, dinner, shopping and art galleries. Enjoy the river pathways. Jog to Talisman Centre for a workout. Stroll to Stampede Park. Oh, and if you must...walk downtown to work too!

Your developer is cdh development group. Our visionary leaders and talented team members all live in Calgary. We’ve built several innovative, distinct, timeless and modern multi-family projects here. Of course our commitment is to exceptional quality and craftsmanship. We also source materials, features and talent locally—to respect the community and world we work in. We employ green best practices where appropriate. tela is our current unique development.