Norseman Square in Montreal

Name: Sales in Norseman Square started!
Start: 2020-10-12T09:02:56.670965+00:00
End: 2023-12-31T23:59:59+0000
Location: Norseman Square

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Project info

Object ID: 9830

Finished at	August 2021
Price, m²	From 2625$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 290.00 m²
Floors	3
Apartments	62
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations De La Concorde 13 min Montmorency 17 min
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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

761,250$

Net profit

9,376$

Payback period

64.8 years

Avg property value increase per year

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Promos and discounts for Norseman Square

About the project

Developed for a natural way of life - one that helps us stay close to nature even in an urban environment. Square Norseman uses a simple design to maximize the use of natural light and to provide functionality without sacrificing comfort. The development team used local and environmentally friendly materials to ensure a good integration into the neighborhood and allow the townhouses to perform well during all seasons of Montreal.

Square Norseman is the result of 29 years of experience in transforming 200 hectares of aircraft runways into a vital residential area. As a final square at Bois-Franc, each design detail benefits from real case studies showing how the previous squares behaved and have stood the test of time.