Hawks Ridge in Edmonton

Name: Sales in Hawks Ridge started!
Start: 2020-09-15T08:27:07.980824+00:00
End: 2023-12-31T23:59:59+0000
Location: Hawks Ridge

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Project info

Object ID: 9289

Finished at	June 2017
Price, m²	From 3140$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 115.00 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

361,100$

Net profit

9,376$

Payback period

30.7 years

Avg property value increase per year

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About the project

The vibrant community of Hawks Ridge at Big Lake is one of west Edmonton’s most celebrated new home destinations. Picturesque surroundings effortlessly combine with the expertly developed neighbourhood setting to provide homeowners with an ideal new home environment. Designed with families in mind, the community has been uniquely integrated into the area’s natural surroundings. The result is a sustainable and beautiful community that families can grow within for generations to come.

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