Savida Condos in Edmonton

Name: Sales in Savida Condos started!
Start: 2020-09-14T07:43:13.969234+00:00
End: 2023-12-31T23:59:59+0000
Location: Savida Condos

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Project info

Object ID: 9261

Finished at	October 2016
Price, m²	From 2030$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 82.00 m²
Floors	4
Apartments	84
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

166,460$

Net profit

9,376$

Payback period

14.2 years

Avg property value increase per year

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About the project

Landmark Homes made sure that this condo living was commutable and smart. This building is walking distance to the LRT station, that takes you downtown in no time–no car required. Additional to the LRT station, Savida is neighbouring the Clareview Rec Centre, with plenty walkable amenities, like groceries & shopping! This a smart investment property, the building is quiet and clean. Live with the reassurance of knowing you’ll have no problem renting or selling your condo down the road. Savida is for the downtown commuter, the active living type, and for the fashionable who want a trendy condo with chic interiors without the downtown price tag. We seriously don’t know how it gets better. Live smart. Live active. Live Savida.