Creekwood in Edmonton

Name: Sales in Creekwood started!
Start: 2020-09-30T07:23:49.781449+00:00
End: 2023-12-31T23:59:59+0000
Location: Creekwood

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Project info

Object ID: 9605

Finished at	November 2018
Price, m²	From 2000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 125.00 m²
Floors	2
Apartments	48
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

250,000$

Net profit

9,376$

Payback period

21.3 years

Avg property value increase per year

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Promos and discounts for Creekwood

About the project

Enjoy the simple things in life at Creekwood, where life is slowed down. Located south of Ellerslie Road at 141 Street, the friendly community of Creekwood is perfect for those who want to feel like they’re out of the city, but still want to be close to amenities. Kirkland Homes will be building single family homes and duplexes here.

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