Barra on Queen in Kitchener

Name: Sales in Barra on Queen started!
Start: 2020-10-08T07:09:29.984055+00:00
End: 2023-12-31T23:59:59+0000
Location: Barra on Queen

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Project info

Object ID: 9764

Finished at	April 2020
Price, m²	From 4045$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 70.00 m²
Floors	6
Apartments	110
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness 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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

283,150$

Net profit

7,813$

Payback period

28.0 years

Avg property value increase per year

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About the project

Quiet surroundings, unique and full of personality, Barra perfectly blends the character of Queen Street with today’s urban mature living.

Nestled amongst the trees on beautiful Queen Street, Barra makes it possible to enjoy convenience and modern living in Kitchener’s thriving Innovation District, while remaining connected to the community and calm setting that you value.