Citadel in Edmonton

Name: Sales in Citadel started!
Start: 2020-09-23T06:21:12.054939+00:00
End: 2023-12-31T23:59:59+0000
Location: Citadel

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Project info

Object ID: 9475

Finished at	July 2020
Price, m²	From 2120$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 120.00 m²
Floors	2
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

254,400$

Net profit

9,376$

Payback period

21.6 years

Avg property value increase per year

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About the project

Life is measured in milestones and moments, family dinners and first days of school – and there’s no place like home for making the memories that last a lifetime. It’s amazing how much happiness one home can hold, especially when home is in Citadel by Hopewell.

Here, you’ll find a welcoming new neighbourhood designed and built exclusively by Hopewell Residential, a 5-Time Developer of the Year award winner with more than 20 years spent building homes for Alberta families.

Citadel brings better living home with:

Pricing designed to fit a real family’s budget

Your choice of a stylish new front-garage duplex or front-garage single-family home

Spacious floorplans and a wide range of design options

An established neighbourhood with schools, shopping, recreation and more, all just minutes away

It’s a home of your own, and a rare opportunity to start fresh exactly where you want to be.