Essence at Windermere South in Edmonton

Name: Sales in Essence at Windermere South started!
Start: 2020-09-24T09:19:26.833888+00:00
End: 2023-12-31T23:59:59+0000
Location: Essence at Windermere South

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Project info

Object ID: 9514

Finished at	October 2018
Price, m²	From 1980$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 49.00 m²
Floors	4
Apartments	182
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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

97,020$

Net profit

6,783$

Payback period

10.7 years

Avg property value increase per year

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About the project

We’re setting the new standard for luxury built condo living in SW Edmonton. Our Essence Condos and Townhomes offer the opportunity of a lifetime to become a homeowner in the sought-after community of Windermere South.

For the past 26 years Cove Properties has consistently developed Edmonton’s most desirable and successful condo projects. With over 7000 homes built to date we are continually driven to provide our homeowners the very best homes in the very best locations. Our principles have always been the same, build exceptional condos at a great price that provides our homeowners with the value they deserve – and everyone wins.

Whether it is Southwest Edmonton’s best townhomes at Essence situated in the prestigious neighborhood of Windermere South, or the intimacy, ease, accessibility and value of our boutique condos at Essence overlooking Windermere Pond, we are confident we have the perfect fit for you.

Developer

“It’s easy to talk about quality, service and value. It’s easy to claim them as the cornerstones of your company. But to deliver consistentl…
Details about Cove Properties