Smiling Creek Estate in Coquitlam

Name: Sales in Smiling Creek Estate started!
Start: 2020-11-19T08:36:49.839281+00:00
End: 2023-12-31T23:59:59+0000
Location: Smiling Creek Estate

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Project info

Object ID: 10305

Finished at	August 2020
Price, m²	From 3980$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 192.00 m²
Floors	2
Apartments	6
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

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

764,160$

Net profit

9,376$

Payback period

65.0 years

Avg property value increase per year

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About the project

Smiling Creek Estate is the newest collection of townhouses in Coquitlam’s popular Burke Mountain community. Nestled between Burke Mountain Creek and Smiling Creek, these three bedroom plus large Den townhouses residences showcase welcoming architectural features. View a selection of floor plans.