McLaughlin ALTIUS townhomes in Edmonton

Name: Sales in McLaughlin ALTIUS townhomes started!
Start: 2020-09-28T12:01:41.291042+00:00
End: 2023-12-31T23:59:59+0000
Location: McLaughlin ALTIUS townhomes

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Project info

Object ID: 9568

Finished at	December 2020
Price, m²	From 1620$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 120.00 m²
Floors	3
Apartments	105
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

194,400$

Net profit

9,376$

Payback period

16.5 years

Avg property value increase per year

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Promos and discounts for McLaughlin ALTIUS townhomes

About the project

Parks, paths, the Tri-Leisure centre, frozen yogurt and Starbucks... Park your vehicle and put on some running shoes, because new ALTIUS townhomes, now for sale in Spruce Grove's popular McLaughlin community, are walking distance to just about everywhere you could possibly need to be in Spruce Grove. Right off Parkland Highway and across the street from some of Spruce Grove's best shopping and dining, this new 3-storey townhouse development is also protected on two sides by reserve parkland- your own private entry to the Heritage Grove Pathway system.