Cascades Park in Halifax

Name: Sales in Cascades Park started!
Start: 2020-10-05T07:59:05.271050+00:00
End: 2023-12-31T23:59:59+0000
Location: Cascades Park

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Project info

Object ID: 9676

Finished at	August 2020
Price, m²	From 1500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 230.00 m²
Floors	3
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

345,000$

Net profit

9,376$

Payback period

29.3 years

Avg property value increase per year

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About the project

Cascades Park has been carefully designed to seamlessly blend urban amenities with outdoor accessibility. Simply stroll out your front door to enjoy an abundance of walking, running or biking trails, and dedicated parks the whole family will love. Wander down to the shops and restaurants on Larry Uteck Blvd.or hop in the car for an easy drive to downtown Halifax.