Kings Crossing in Burnaby

Name: Sales in Kings Crossing started!
Start: 2020-11-07T08:15:25.346406+00:00
End: 2023-12-31T23:59:59+0000
Location: Kings Crossing

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Property for sale in Kings Crossing — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in Kings Crossing — look at the real estate search engine GEOLN.COM. Photo 2

Property for sale in Kings Crossing — look at the real estate search engine GEOLN.COM. Photo 3

Property for sale in Kings Crossing — look at the real estate search engine GEOLN.COM. Photo 4

Property for sale in Kings Crossing — look at the real estate search engine GEOLN.COM. Photo 5

Property for sale in Kings Crossing — look at the real estate search engine GEOLN.COM. Photo 6

Property for sale in Kings Crossing — look at the real estate search engine GEOLN.COM. Photo 7

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Project info

Object ID: 10267

Finished at	December 2019
Price, m²	From 10210$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 97.00 m²
Floors	37
Apartments	803
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness Commercial area 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

990,370$

Net profit

9,376$

Payback period

84.3 years

Avg property value increase per year

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About the project

WHERE KINGSWAY AND EDMONDS INTERSECT, COMES A DYNAMIC NEW LIVING, SHOPPING AND WORKING DISTRICT. IT’S ALL WALKABLE — AND IT’S RIGHT BY RAPID TRANSIT.

Kings Crossing by Cressey will create a brand new town centre with diverse retail, convenient services and office space, along with three soaring residential towers offering quality-built 1, 2 and 3-bedroom homes. Kings Crossing by Cressey makes it official: Edmonds is an exciting neighbourhood whose transformation is almost complete.