Renew II in Rosenthal in Edmonton

Name: Sales in Renew II in Rosenthal started!
Start: 2020-11-20T12:55:46.502180+00:00
End: 2023-12-31T23:59:59+0000
Location: Renew II in Rosenthal

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Project info

Object ID: 10347

Finished at	April 2019
Price, m²	From 1590$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 137.00 m²
Floors	2
Apartments	56
Building phase	Completed
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

217,830$

Net profit

9,376$

Payback period

18.5 years

Avg property value increase per year

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About the project

Bonavista, Southeast Winnipeg’s most anticipated new home community, is built on a foundation of design and environmental sustainability. Bonavista captures the art of modern suburban living within a landscaped community of parks and lakes in proximity to the Bois-des-Esprit trail system and the Seine River. The 243 acre parcel of land is to be developed as a complete master planned community. The architecturally controlled community will offer housing choices, recreational opportunities and proximity to modern suburban amenities and service.

Within this community you will find many new home types to suit your lifestyle, including laned homes and front-attached garage homes. Visit our showhome for more details.