Amber Grove Condominiums in Winnipeg

Name: Sales in Amber Grove Condominiums started!
Start: 2020-11-20T11:08:54.019285+00:00
End: 2023-12-31T23:59:59+0000
Location: Amber Grove Condominiums

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Project info

Object ID: 10334

Finished at	November 2019
Price, m²	From 2060$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	2
Apartments	117
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten 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

185,400$

Net profit

9,376$

Payback period

15.8 years

Avg property value increase per year

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About the project

Welcome to Amber Grove Townhomes, StreetSide’s newest development, where you can experience a unique sense of style, comfort and maintenance free living. Located at 388 Pipeline Road in Amber Trails, our townhome community allows you live life to the fullest. Enjoy the neighbourhood you love, close to all of the shops and services you need, at a place you will be proud to call home. With 1, 2, 3 & 4 bedroom townhome and bungalow style suites to choose from, find the floorplan that fits your lifestyle!