The Gatestone Townhomes in Calgary

Name: Sales in The Gatestone Townhomes started!
Start: 2020-09-24T11:15:24.162884+00:00
End: 2023-12-31T23:59:59+0000
Location: The Gatestone Townhomes

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Project info

Object ID: 9516

Finished at	December 2018
Price, m²	From 3000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 130.00 m²
Floors	3
Apartments	15
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

390,000$

Net profit

9,376$

Payback period

33.2 years

Avg property value increase per year

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About the project

Gatestone Townhome Collection provides a unique setting for 15 discerning purchasers. The project offers an exceptional level of finishing standards and the opportunity for further personalization from our curated and edited options. Set within the unique community of Quarry Park, Gatestone will soon establish the standard for boutique residential excellence.