Kinglet by Big Lake in Edmonton

Name: Sales in Kinglet by Big Lake started!
Start: 2020-09-30T07:11:56.098653+00:00
End: 2023-12-31T23:59:59+0000
Location: Kinglet by Big Lake

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Project info

Object ID: 9602

Finished at	April 2021
Price, m²	From 1840$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 170.00 m²
Floors	2
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

312,800$

Net profit

9,376$

Payback period

26.6 years

Avg property value increase per year

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About the project

Kinglet is Northwest Edmonton’s newest community. Found near Big Lake this stunning new community is neighbours with forest wildlife and urban convenience. Kinglet is the perfect blend of nature trails, and short work commutes.

Enjoy the perks of modern city living with a protected environment in your backyard. You’ll find nature trails, daycares, colourful birds, shopping, lake activities, golfing and so much more nearby. The community of Kinglet respects and appreciates the surrounding environment.

This West Edmonton community is nestled far enough away from the city living you get to enjoy these natural wonders yet close enough to get downtown or to WEM within 10 minutes. Other nearby amenities include The Enjoy Centre, Glendale Golf Course, Lewis Farms Community Recreation Centre (Planned to open in 2022), Childcare/Daycare, and Lois Hole Centennial Park.

Developer

City Homes Master Builder is a local Edmonton family-owned and operated home builder that bring small-town values and exceptional quality to…
Details about City Homes Master Builder