The Village at Walker Lakes in Edmonton

Name: Sales in The Village at Walker Lakes started!
Start: 2020-09-14T07:55:20.331405+00:00
End: 2023-12-31T23:59:59+0000
Location: The Village at Walker Lakes

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Project info

Object ID: 9263

Finished at	November 2016
Price, m²	From 1750$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 120.00 m²
Floors	3
Apartments	152
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

210,000$

Net profit

9,376$

Payback period

17.9 years

Avg property value increase per year

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About the project

The popular southeast corner of Edmonton has evolved into an area that is uniquely suited for today's active lifestyles. The community surrounding The Village at Walker Lakes is well populated with restaurants for all tastes, stores, essential services and entertainment. Most notably, you're just minutes away from the diverse collection of popular shops and great dining spots at Sound Edmonton Common. For active singles and young families who love to head outdoors; this area offers a variety of greenspaces, ponds and walking trails to explore. When residents are on the go, travel is made easy with convenient access to Ellerslie Road and the Anthony Henday. This versatile community is a big reason why first time buyers and young families feel right at home when they move into The Village at Walker Lakes.