Elan Condominiums in Edmonton

Name: Sales in Elan Condominiums started!
Start: 2020-09-28T11:11:48.899788+00:00
End: 2023-12-31T23:59:59+0000
Location: Elan Condominiums

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Project info

Object ID: 9563

Finished at	July 2020
Price, m²	From 2180$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	4
Apartments	70
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

130,800$

Net profit

7,229$

Payback period

13.8 years

Avg property value increase per year

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About the project

Situated among executive homes along the south end of Blackmud Creek Ravine, you get the best of both worlds ¬ ravine living and executive location.

Élan Condominiums is conveniently located in South Edmonton, Alberta, in the established community of Allard. It offers quality and value with an array of amenities close by. With easy access to the Queen Elizabeth II Highway, Leduc, the International airport and the premium shopping at the Currents of Windermere and South Edmonton Common, Élan Condominiums has everything you are looking for in condo living.

Developer

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