South Creek in London

Name: Sales in South Creek started!
Start: 2020-10-09T07:08:01.518656+00:00
End: 2023-12-31T23:59:59+0000
Location: South Creek

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Property for sale in South Creek — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9784

Finished at	February 2020
Price, m²	From 2700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 140.00 m²
Floors	2
Apartments	100
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

378,000$

Net profit

9,376$

Payback period

32.2 years

Avg property value increase per year

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Promos and discounts for South Creek

About the project

Enjoy countryside living, private backyards on a ravine or treed area, scenic views and large 60+ ft frontage lots. Some of the lots are walk out, and have varying depths of up to 175’ deep.

Johnstone Homes is also launching newly designed home plans, new higher standard specifications and finishes, and your new home will be efficient and comfortable as will be an Energy Star home.