Sayward Hill in Victoria

Name: Sales in Sayward Hill started!
Start: 2020-11-20T08:10:18.680289+00:00
End: 2023-12-31T23:59:59+0000
Location: Sayward Hill

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Project info

Object ID: 10329

Finished at	July 2017
Price, m²	From 5215$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 170.00 m²
Floors	8
Apartments	46
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
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

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

886,550$

Net profit

9,376$

Payback period

75.4 years

Avg property value increase per year

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About the project

5388 Hill Rise Terrace sits atop the pinnacle of Sayward Hill. 46 luxury condominiums will feature stunning views of the golf courses and Salish Sea and Mt. Baker. 5388 is the final phase at Sayward Hill. A schedule for sales and construction is not available at this time however updates will be sent out to our priority registration list as information becomes available.