Gateway Point in Winnipeg

Name: Sales in Gateway Point started!
Start: 2020-11-24T06:55:35.203556+00:00
End: 2023-12-31T23:59:59+0000
Location: Gateway Point

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Project info

Object ID: 10358

Finished at	October 2022
Price, m²	From 2610$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 138.00 m²
Floors	2
Apartments	33
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

360,180$

Net profit

9,376$

Payback period

30.6 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Gateway Point

About the project

Gateway Point is located in the town of Bird’s Hill, boasting one of the fastest growing bedroom communities. This growth stems from its superior location, a lower cost of living, and accessibility to all of your lifestyle needs. Whether you’re building a custom home, or moving into one of our luxury town-homes, we made sure you feel like you have space to breathe and enjoy life. Privacy was an important factor when developing Gateway Point, and so we made sure to create lot sizes starting at 40x147 feet for our luxury townhomes and 70 x 147 feet for our single family lots. Gateway Point was designed with mindful consideration to your family needs, with well thought greenspaces, parks and safe community living.

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