Shift Little Mountain in Victoria

Name: Sales in Shift Little Mountain started!
Start: 2020-11-06T09:21:11.260678+00:00
End: 2023-12-31T23:59:59+0000
Location: Shift Little Mountain

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Property for sale in Shift Little Mountain — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 10247

Finished at	December 2019
Price, m²	From 8900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 78.00 m²
Floors	6
Apartments	43
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

694,200$

Net profit

8,283$

Payback period

65.5 years

Avg property value increase per year

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About the project

43 modern and design forward 1 to 3 bedroom condos located at Quebec Street and 35th Avenue. Bordered by Queen Elizabeth Park one block West, and Main Street one block East, Shift will join an already thriving neighbourhood.

Bordered by Queen Elizabeth Park one block West, and Main Street one block East, Shift will join an already thriving neighbourhood.