Henley Heights at Secord in Edmonton

Name: Sales in Henley Heights at Secord started!
Start: 2020-09-16T08:29:50.128317+00:00
End: 2023-12-31T23:59:59+0000
Location: Henley Heights at Secord

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Project info

Object ID: 9315

Finished at	March 2017
Price, m²	From 1900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 172.00 m²
Floors	2
Apartments	20
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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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

326,800$

Net profit

9,376$

Payback period

27.8 years

Avg property value increase per year

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About the project

Henley Heights at Secord is a fresh new community located in Edmonton’s fast growing west end. Combining the perfect mix of location, accessibility and amenity, you’ll find everything you need in a community you’ll be proud to call home.

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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