Starling at Big Lake in Edmonton

Name: Sales in Starling at Big Lake started!
Start: 2020-09-29T08:35:23.474134+00:00
End: 2023-12-31T23:59:59+0000
Location: Starling at Big Lake

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Project info

Object ID: 9590

Finished at	November 2017
Price, m²	From 2140$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 110.00 m²
Floors	2
Apartments	33
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

235,400$

Net profit

9,376$

Payback period

20.0 years

Avg property value increase per year

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About the project

Every Averton home is created with the highest regard for design integrity outside and in. From the welcoming foyer that greets your arrival to master suite refinements that send you to slumber, Averton designs homes with your lifestyle in mind. Because to us, design is everything.

Developer

We have been building homes in Alberta and Ontario for decades. Our single-family and townhome designs are not just aesthetically beautiful,…
Details about Averton Homes