Cavanagh in Edmonton

Name: Sales in Cavanagh started!
Start: 2020-09-28T08:11:00.460621+00:00
End: 2023-12-31T23:59:59+0000
Location: Cavanagh

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Construction

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Project info

Object ID: 9556

Finished at	September 2018
Price, m²	From 2870$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 103.00 m²
Floors	2
Apartments	111
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

295,610$

Net profit

9,376$

Payback period

25.1 years

Avg property value increase per year

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About the project

THE SHOWHOME AND AVAILABLE MODELS

Come and see what your future home in Cavanagh could look like! Located in Southwest Edmonton’s newest community, visit our single family showhome, the Sicily featured in our Glass Tower designer interior. The model features open concept main floor, convenient second floor laundry, and stunning designer finishes that come standard, you’re sure to find a home that’s just right for you!

Located with easy access from Gateway Boulevard or Calgary Trails, the neighbourhood of Cavanagh is ideally situated close to many great amenities such as shopping at South Edmonton Common, the Edmonton International Airport and new Premium Outlet shopping centre. Enjoy walking trails and plenty of green space with Blackmud Creek Ravine near by. New to the community, a parkour playground is a great space for kids and families to enjoy.

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