Laurel Crossing in Edmonton

Name: Sales in Laurel Crossing started!
Start: 2020-10-02T08:14:52.316324+00:00
End: 2023-12-31T23:59:59+0000
Location: Laurel Crossing

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Project info

Object ID: 9640

Finished at	April 2019
Price, m²	From 2575$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 150.00 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

386,250$

Net profit

9,376$

Payback period

32.9 years

Avg property value increase per year

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About the project

Just because you’re ready to settle down – doesn’t mean you’re ready to settle! At Laurel Crossing, you don’t have to make any compromises.

You can enjoy the full benefits of affordable homeownership and live in a well-rounded community that offers everything you need to make it a perfect place to call home.

Conveniently located in south Edmonton, just off 34th Street and 23rd Avenue, Laurel Crossing is the complete package with a K-9 public school scheduled to open Spring 2017. Affordable living, nearby amenities and – best of all – a family oriented neighbourhood full of parks, green spaces and trails. There’s even a community lake! You get peace of mind while your kids get plenty of space to safely run, play and grow.

You can have it all. At Laurel Crossing, we offer single family homes and duplexes.

Developer

At Parkwood, personalized customer service is the core of our corporate philosophy. Our president, Dan Hanna, has a hand in the building…
Details about Parkwood Master Builder