The Woods Collection at Forest Creek in Kitchener

Name: Sales in The Woods Collection at Forest Creek started!
Start: 2020-10-31T08:53:52.833714+00:00
End: 2023-12-31T23:59:59+0000
Location: The Woods Collection at Forest Creek

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Project info

Object ID: 10148

Finished at	March 2021
Price, m²	From 3035$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 290.00 m²
Floors	2
Apartments	49
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

880,150$

Net profit

9,376$

Payback period

74.9 years

Avg property value increase per year

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About the project

With four protected woodlands as its boundaries, Forest Creek is known for its unique lifestyle of luxury in nature's midst. Now, Fernbrook Homes is adding to the elegance with a Limited Release of 2 all-new custom-quality residences. The Algonquin and Bon Echo will be available on our ideally located 45’ court lots, and our limited selection of expansive 50’ lots. Both of these homes reflect the high standards that distinguish every Fernbrook residence. Browse the floorplans and immerse yourself in luxury surrounded by nature. Even better, visit our lavish model suite to experience the grandeur of Forest Creek for yourself.

Developer

At Fernbrook Homes we believe that taking care of our customers is our first and most important priority. From the moment you walk into one …
Details about Fernbrook Homes