Perry Pond in Halifax

Name: Sales in Perry Pond started!
Start: 2020-10-06T08:00:30.959967+00:00
End: 2023-12-31T23:59:59+0000
Location: Perry Pond

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Project info

Object ID: 9698

Finished at	August 2018
Price, m²	From 2060$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 150.00 m²
Floors	2
Apartments	10
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

309,000$

Net profit

9,376$

Payback period

26.3 years

Avg property value increase per year

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About the project

Armco Communities introduces a new master-planned community in Hammonds Plains. Located directly between Hammonds Plains Road and Pockwock Road, this spacious community provides all of the conveniences of Hammonds Plains and Tantallon while offering large country style lots and a quiet refuge for your family.