Avery Lane Townhomes in Victoria

Name: Sales in Avery Lane Townhomes started!
Start: 2020-11-19T11:29:14.388196+00:00
End: 2023-12-31T23:59:59+0000
Location: Avery Lane Townhomes

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Construction

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Project info

Object ID: 10312

Finished at	December 2020
Price, m²	From 4260$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 155.00 m²
Floors	3
Apartments	16
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school 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

660,300$

Net profit

9,376$

Payback period

56.2 years

Avg property value increase per year

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About the project

Distinctly Different

3 & 4 Bedroom Townhomes

Avery Lane offers a boutique collection of 3 & 4 Bedroom Townhomes that embrace classic design with hints of sophisticated flair, together creating comfortable, contemporary living suited for the good life.

Established west of Carnarvon, where lush residential surrounds meet modern everyday conveniences, the homes at Avery Lane represent a quintessential location, moments to Oak Bay and Estevan Village.

Discover distinctly different at Avery Lane.

Developer

Our meticulous, time-tested development process spans years – from the initial concept through to completion – and is driven by personal eng…
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