Laurel Green in Edmonton

Name: Sales in Laurel Green started!
Start: 2020-09-16T07:44:40.483529+00:00
End: 2023-12-31T23:59:59+0000
Location: Laurel Green

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

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Project info

Object ID: 9307

Finished at	March 2017
Price, m²	From 2320$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 120.00 m²
Floors	2
Apartments	35
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

278,400$

Net profit

9,376$

Payback period

23.7 years

Avg property value increase per year

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About the project

Located in southeast Edmonton at 23 Avenue and 24 Street. Laurel Green residents will enjoy over two kilometers of tree lined paths that winds through a community park and playground. Laurel Green offers its residents convenient access to shopping centers, fitness clubs, city golf courses, medical facilities and schools ranging from elementary to high school in both the public and Catholic system. The new Meadows Community Recreation Center is less than 10 minutes by car. For more information on this first class facility click here.

Developer

We’ve been designing and building award-winning homes for more than 40 years. Our reputation for quality is second to none, and yet experien…
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