Desrochers Villages in Edmonton

Name: Sales in Desrochers Villages started!
Start: 2020-09-14T07:20:04.314747+00:00
End: 2023-12-31T23:59:59+0000
Location: Desrochers Villages

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Project info

Object ID: 9255

Finished at	March 2018
Price, m²	From 2430$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 112.00 m²
Floors	2
Apartments	30
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

272,160$

Net profit

9,376$

Payback period

23.2 years

Avg property value increase per year

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About the project

Desrochers is a growing community in southwest Edmonton's versatile Heritage Valley with a special focus on sustainable construction and smart environmental choices. This neighbourhood was strategically integrated with the Desrochers Forest, Blackmud Creek Ravine, a carbon-neutral constructed wetland, and multiple parks and pathways for people who love to live by nature. When was the last time you enjoyed a walk in the woods without leaving the neighbourhood? Desrochers was also designed to be convenient, just minutes from the Edmonton International Airport, plus the amenities of South Edmonton Common and the Currents of Windermere. You'll also be near the new Heritage Valley health centre and future Heritage Valley LRT station, which will make connecting to the heart of the city even quicker. This is a community designed for living, and living well.