Hawthorne South Village Sixteen Mile Creek in Milton

Name: Sales in Hawthorne South Village Sixteen Mile Creek started!
Start: 2020-10-19T07:08:46.198910+00:00
End: 2023-12-31T23:59:59+0000
Location: Hawthorne South Village Sixteen Mile Creek

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Project info

Object ID: 9911

Finished at	July 2020
Price, m²	From 3680$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 120.00 m²
Floors	2
Apartments	253
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

441,600$

Net profit

9,376$

Payback period

37.6 years

Avg property value increase per year

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About the project

Since January, over 200 families have decided to make Hawthorne South Village Sixteen Mile Creek their new home. From affordable Freehold Village Homes and 2-Storey Towns to on trend 30’, 36’ and 43’ Detached designs it’s easy to discover a home that best reflects your personal style. Enjoy a master planned community alive with parks, playgrounds, nature trails and inviting streetscapes. Register now for information on our next release of our new Creekside Collection of Townhomes and Detached Designs.

Developer

Years ago, founder Peter Gilgan took a look around and saw an opportunity to create something unique in a world of uniformity. We got to whe…
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