Ivy Ridge in Whitby

Name: Sales in Ivy Ridge started!
Start: 2020-09-25T07:55:04.446761+00:00
End: 2023-12-31T23:59:59+0000
Location: Ivy Ridge

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Property for sale in Ivy Ridge — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9527

Finished at	March 2021
Price, m²	From 6400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 125.00 m²
Floors	2
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

800,000$

Net profit

9,376$

Payback period

68.1 years

Avg property value increase per year

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About the project

Ivy Ridge, located at Thickson and Rossland Rd. in Whitby, is now 90% sold out. While our collection of townhomes are sold out, our award-winning detached homes still have limited availability. All homes feature sustainable features and are targeting ENERGY STARâ for New Homes certification. With construction moving full steam ahead, you don't want to miss your chance to call Ivy Ridge home!

Developer

It all started with a simple belief: no matter who you are, where you're from, or where you're going, we're proudly building better places t…
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