Ro at Blackstone Condominiums in Kitchener

Name: Sales in Ro at Blackstone Condominiums started!
Start: 2020-10-08T08:14:19.531669+00:00
End: 2023-12-31T23:59:59+0000
Location: Ro at Blackstone Condominiums

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Project info

Object ID: 9772

Finished at	July 2021
Price, m²	From 4760$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	6
Apartments	137
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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

257,040$

Net profit

7,229$

Payback period

27.1 years

Avg property value increase per year

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About the project

The exciting final release of Blackstone suites!

Inspired by Scandinavian living. Designed around the comfort of a modern farmhouse.

Our process of designing the suites and shared amenities within the project starts with pulling inspirations. Materials that work well together, timeless design and thinking about the form and function of spaces. Every detail of Blackstone was inspired by the needs of a mindful dweller.