Edge at Larch Park in Edmonton

Name: Sales in Edge at Larch Park started!
Start: 2020-09-28T08:45:57.868327+00:00
End: 2023-12-31T23:59:59+0000
Location: Edge at Larch Park

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Project info

Object ID: 9560

Finished at	August 2022
Price, m²	From 4110$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 61.00 m²
Floors	6
Apartments	164
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Pool 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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

250,710$

Net profit

7,813$

Payback period

24.8 years

Avg property value increase per year

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About the project

Welcome to Edge at Larch Park in Southwest Edmonton

ON THE EDGE OF LARCH SANCTUARY

Edge Condos Offer One, Two & Two Bedroom + Den

Choose from a variety of impeccably designed homes featuring large open spaces and views of Larch Sanctuary

Developer

Over 45 Years of Quality Our Mission Statement To design, build, and market communities incorporating the newest technology with unsurpass…
Details about Carrington Communities