Chappelle Gardens in Edmonton

Name: Sales in Chappelle Gardens started!
Start: 2020-09-14T09:18:51.430272+00:00
End: 2023-12-31T23:59:59+0000
Location: Chappelle Gardens

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

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Project info

Object ID: 9274

Finished at	March 2018
Price, m²	From 2380$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 103.00 m²
Floors	2
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

245,140$

Net profit

9,376$

Payback period

20.9 years

Avg property value increase per year

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About the project

Perfectly located just off Ellerslie Road and minutes away from both Highway Two and Anthony Henday Rd, it’s not surprising that Chappelle Gardens is one of southwest Edmonton’s most sought-after new home destinations. Offering quick access to key points in the city, Chappelle Gardens boasts just a 20-minute drive to either downtown Edmonton or West Edmonton Mall. The community is close to everything a family could need, while also presenting a welcoming neighbourhood atmosphere that encourages outdoor activities and community friendships.

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