Southfork in Edmonton

Name: Sales in Southfork started!
Start: 2020-09-23T06:58:09.150385+00:00
End: 2023-12-31T23:59:59+0000
Location: Southfork

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Project info

Object ID: 9479

Finished at	December 2015
Price, m²	From 3000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 98.00 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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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

294,000$

Net profit

9,376$

Payback period

25.0 years

Avg property value increase per year

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About the project

Nestled at the edge of Leduc only 15 minutes south of Edmonton, Southfork offers all the amenities with quick access to the Edmonton International Airport. With room to breathe, space to stretch and a glorious place to unwind, Southfork will change your mind about small town living. Visit our new laned homes sales centre - now open at 600 Stout Bend in Leduc.