Governor's Brook in Halifax

Name: Sales in Governor's Brook started!
Start: 2020-10-05T09:17:59.517385+00:00
End: 2023-12-31T23:59:59+0000
Location: Governor's Brook

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Project info

Object ID: 9686

Finished at	May 2020
Price, m²	From 2025$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 120.00 m²
Floors	2
Apartments	371
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

243,000$

Net profit

9,376$

Payback period

20.7 years

Avg property value increase per year

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About the project

A fresh start in a gorgeous new home can be yours in a community where your investment will continue to grow.

This beautiful master planned community with views over Halifax and the Atlantic Ocean is surrounded by as many parks and green spaces as amenities.

Less than 20 minutes to downtown halifax, 10 minutes to Bayer’s Lake, Governor’s Brook is the ideal location for your new home.

A mix of home sites and home styles including single family, townhome and multi unit, situated among parks and green spaces, yet close to transit community centres, shopping and schools, this lovely community is ideal for active people who enjoy nature but still want to be close to the city core.