The Orchards at Ellerslie in Edmonton

Name: Sales in The Orchards at Ellerslie started!
Start: 2020-11-20T11:59:18.382712+00:00
End: 2023-12-31T23:59:59+0000
Location: The Orchards at Ellerslie

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Project info

Object ID: 10341

Finished at	October 2020
Price, m²	From 1930$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 119.00 m²
Floors	2
Building phase	Completed
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

229,670$

Net profit

9,376$

Payback period

19.5 years

Avg property value increase per year

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About the project

The Orchards in south Edmonton is a naturally beautiful new community defined by fruit trees, colourful blossoms and family fun. Its oversized green spaces, parks and tree lined walk ways will be complemented by a private residents club with a recreation centre, spray park and picnic area. New homes and streetscapes in the neighbourhood are rich in architectural detail and colour, while still offering some of south Edmonton’s best new home prices.

Within this southeast community, you will find many new home types to suit your lifestyle, including duplex homes and townhomes. Visit our showhome or the Orchards Presentation Centre for more details.