Summary for the Developer
Total Land Cost: $15,000,000 CAD
Total Hard Costs: $43,200,000 CAD
Total Soft Costs: $6,480,000 CAD
Total Development Cost: $64,680,000 CAD
Desired Profit Margin: 20%
Total Profit: $12,936,000 CAD
Total Projected Revenue: $79,200,000 CAD
Estimated Selling Price per Home: Approximately $1,980,000 CAD
Conclusion
The estimated total development cost for a 40-lot subdivision is approximately $64.68 million CAD, with a potential profit of around $12.94 million CAD based on a selling price of $1,980,000 CAD per home. Adjustments can be made based on actual infrastructure costs, soft costs, and local market conditions.
Disclaimer: All information provided in this advertisement is deemed reliable but is not guaranteed and should be independently verified. Measurements, property details, zoning, pricing, and availability are approximate and subject to change without notice. Neither the listing agent nor the seller makes any representation or warranty as to the accuracy or completeness of the information. Prospective buyers are advised to conduct their own due diligence.