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New Horizon Development Group

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Parallel Towns in Hamilton

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Project info

Object ID: 9722

Finished at	November 2021
Price, m²	From 3040$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 215.00 m²
Floors	2
Apartments	63
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

653,600$

Net profit

9,376$

Payback period

55.6 years

Avg property value increase per year

6%

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About the project

Perched atop the escarpment in Waterdown, this exclusive collection of townhomes has been tastefully designed with the modern family in mind.

Expect the attention to detail that New Horizon is known for. Expect spacious, luxurious and beautifully-curated interiors.

Make Waterdown home, and enjoy exploring diverse boutiques and restaurants with abundant access to trails and nature.

Parallel Townhomes, where your dreams and your reality align.

Developer

Details about New Horizon Development Group

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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Parallel Towns on the map of Hamilton

Burke Street, Hamilton, ON

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