Laurel Green in Edmonton

Name: Sales in Laurel Green started!
Start: 2020-09-14T07:27:15.618144+00:00
End: 2023-12-31T23:59:59+0000
Location: Laurel Green

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Project info

Object ID: 9257

Finished at	August 2018
Price, m²	From 2580$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 112.00 m²
Floors	2
Apartments	61
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

288,960$

Net profit

9,376$

Payback period

24.6 years

Avg property value increase per year

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About the project

Laurel Green in Terrace Park offers single family homes for sale starting from the $320's! A vibrant new community found in the popular Southeast corner of Edmonton, ideal spot for young, active families. The area is lush with green space, playgrounds, a six acre storm lake, a central neighbourhood park, and walking trails. Nearby amenities include the Meadows Recreation Centre, hockey rinks, tennis courts and more. Laurel Green is designed for family living. Close to schools, medical clinics, grocers, restaurants and other convenient amenities. A perfect balance of access to city living surrounded by nature.