Solstice at McConachie in Edmonton

Name: Sales in Solstice at McConachie started!
Start: 2020-09-14T08:51:04.886454+00:00
End: 2023-12-31T23:59:59+0000
Location: Solstice at McConachie

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Property for sale in Solstice at McConachie — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9269

Finished at	March 2018
Price, m²	From 2780$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 103.00 m²
Floors	2
Apartments	28
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

286,340$

Net profit

9,376$

Payback period

24.4 years

Avg property value increase per year

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About the project

Explore the exciting new community of Solstice at McConachie! Here you’ll find northeast Edmonton’s newest neighbourhood that has been strategically developed within the established area. Bringing a unique opportunity to those who grew up in the popular area, Solstice at McConachie allows northeast Edmonton residents to start a new chapter of their life surrounded by the familiarities that have made the area such a desirable and charming destination to call home.

Developer

Today, with numerous awards and an unparalleled reputation, Morrison Homes is a household name in Alberta. But our legacy – borne from hard …
Details about Morrison Homes