Allure Condominiums in Winnipeg

Name: Sales in Allure Condominiums started!
Start: 2020-11-24T06:33:41.754426+00:00
End: 2023-12-31T23:59:59+0000
Location: Allure Condominiums

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Project info

Object ID: 10355

Finished at	December 2017
Price, m²	From 2220$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 69.00 m²
Floors	4
Apartments	73
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

153,180$

Net profit

7,813$

Payback period

15.2 years

Avg property value increase per year

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About the project

Allure Condominiums located in St. Norbert (just south of the Perimeter Highway) perfect for couples, young families or empty nesters looking for a new home in the city’s southwest quadrant.

Built by Irwin Homes, Allure Condominiums is a 73-unit, four-storey complex found at 3411 Pembina Highway on the thoroughfare’s north side. Featuring east and west exposures, the suites range in size from 748 square feet (one bedroom units) Allure Condominiums

Developer

Irwin Homes is a family owned company proudly building custom homes and condominiums in and around Winnipeg for over 50 years. Designed for…
Details about Irwin Homes