Laurel Crossing in Edmonton

Name: Sales in Laurel Crossing started!
Start: 2020-09-14T07:02:43.407593+00:00
End: 2023-12-31T23:59:59+0000
Location: Laurel Crossing

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Project info

Object ID: 9253

Finished at	December 2017
Price, m²	From 2530$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 120.00 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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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

303,600$

Net profit

9,376$

Payback period

25.8 years

Avg property value increase per year

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About the project

Offering new single family homes for sale in Southeast Edmonton. This new, growing community offers parks and playgrounds, walking trails and wetlands. Laurel Crossing has nearby schools for all ages, and the Meadows Recreation Centre featuring a running track, arenas, soccer pitches, tennis courts and much more. Located at 34th Street and 23rd Avenue NW, Laurel Crossing is a short drive to popular shops, restaurants and services, and the Grey Nuns Hospital. Residents are also just minutes from the Anthony Henday, which provides easy access to all four corners of the city.