Belle Vie in Markham

Name: Sales in Belle Vie started!
Start: 2020-10-27T11:23:39.315252+00:00
End: 2023-12-31T23:59:59+0000
Location: Belle Vie

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

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Project info

Object ID: 10068

Finished at	August 2018
Price, m²	From 4940$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 415.00 m²
Floors	2
Apartments	8
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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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

2,050,100$

Net profit

9,376$

Payback period

174.4 years

Avg property value increase per year

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About the project

At OHM developments, we set the bar high on our designs to ensure that our clients truly feel the peace of knowing they have made a decision that aligns with their unique lifestyle and exquisite tastes. An air of luxury simply exudes from every corner of Belle Vie, an 8-lot housing project located at the intersection of 14th Ave. and Mccowan in the multicultural community of Markham, Ontario. Belle Vie is inspired by both classic and contemporary design trends. The homes have an unparalleled interior design layout. From the stunning oak kitchens decorated with granite counter tops that wow dinner party attendees, to the 5 spacious bedrooms that can house both family members and guests – Belle Vie aims to impress. These deluxe French style homes have been custom-built starting from 4,000 sq. ft. with extravagant interior design for those who enjoy the finer things in life.

Developer

Founded in early 2013, OHM developments is a multifaceted real estate developer involved in both the residential and commercial avenues of t…
Details about OHM Developments