Wallaceton in Kitchener

Name: Sales in Wallaceton started!
Start: 2020-10-08T08:59:22.501664+00:00
End: 2023-12-31T23:59:59+0000
Location: Wallaceton

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Project info

Object ID: 9777

Finished at	November 2019
Price, m²	From 2690$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 165.00 m²
Floors	2
Apartments	62
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

443,850$

Net profit

9,376$

Payback period

37.8 years

Avg property value increase per year

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About the project

A charming new community inviting you in with the warmth of time-honoured traditions. A signature collection of beautiful homes that are built to last with Heathwood’s innovative design and exceptional attention to detail. A neighbourhood where parks, school, shopping and recreation are integrated right into the master plan. This is the place where you want to put down roots and start your new family tradition.