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The Chateaux at King's Heights in Calgary

Name: Sales in The Chateaux at King's Heights started!
Start: 2020-09-24T09:04:40.403006+00:00
End: 2023-12-31T23:59:59+0000
Location: The Chateaux at King's Heights

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Project info

Object ID: 9511

Finished at	April 2017
Price, m²	From 2600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.00 m²
Floors	4
Apartments	44
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
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

148,200$

Net profit

7,229$

Payback period

15.6 years

Avg property value increase per year

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About the project

Gourmet Kitchens

21 cubic foot refrigerator with glass shelves

30” self-cleaning oven with ceran top

4 button 3 cycle tall tub Energy Star dishwasher

Solid Shaker Maple cabinets

Laminate square edge countertops (Quartz available as an upgrade)

Hand-set glass and tile backsplash (in Mesa/Alto spec)

Oversized, flat surface eating bars

Exceptional interaction with Living Spaces

Spa-Inspired Bathrooms

5’ soaker tubs with full tile surrounds

Walk-in showers in all Master Ensuites (2 bedroom units)

Premium Delta bathroom fixtures in all units

Matching towel bars and hardware

Laminate square edge countertops (Quartz available as an upgrade)

Full width mirror above vanity

Interior Finishes in Common Areas

High Speed elevator service to parkade, lobby and all floors

6' wide pressurized hallways for efficient air circulation

Textured commercial nylon carpet throughout corridors

Painted entry door complete with lever handles and deadbolt

Tile in lobby areas

Flushmount mailboxes in lobby

Developer

“It’s easy to talk about quality, service and value. It’s easy to claim them as the cornerstones of your company. But to deliver consistentl…
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