Summerwood in Edmonton

Name: Sales in Summerwood started!
Start: 2020-09-25T12:21:24.458817+00:00
End: 2023-12-31T23:59:59+0000
Location: Summerwood

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Construction

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

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Project info

Object ID: 9550

Finished at	July 2018
Price, m²	From 2670$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 130.00 m²
Floors	2
Apartments	24
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

347,100$

Net profit

9,376$

Payback period

29.5 years

Avg property value increase per year

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About the project

Rohit Communities is proud to offer our designer duplex homes to the neighbourhood of Summerwood starting from the $380,000s! This Sherwood Park community is the perfect place to raise a family – quiet and tucked away from the hustle and bustle of the city, but still close enough to all of life’s amenities! Our popular two storey duplexes features double front attached garage, second floor flex loft, open concept design, and comes in our 6 new Designer Interiors! Limited lots available, call today to find your next home.

Developer

Rohit Communities started in 1986 by building a single home, and has now grown to become a leading designer homebuilder in Edmonton, Calgary…
Details about Rohit Communities