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Solstice at McConachie in Edmonton

Name: Sales in Solstice at McConachie started!
Start: 2020-09-30T07:35:31.575437+00:00
End: 2023-12-31T23:59:59+0000
Location: Solstice at McConachie

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Project info

Object ID: 9606

Finished at	August 2018
Price, m²	From 1920$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 140.00 m²
Floors	2
Building phase	Completed
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

268,800$

Net profit

9,376$

Payback period

22.9 years

Avg property value increase per year

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About the project

The North Edmonton community of McConachie Solstice is family-friendly living at it’s very best.

This new community feels established with its many trees and bus routes. The suburban life is perfectly complimented with nature parks, trails and different ponds to explore. North Edmonton is lucky to have a great neighborhood that balances urban and natural elements.

Steps away is the new McConachie Landing West with a convenience store, doctor, and vet office; along with multiple fast food stops, but best of all a daycare! A short drive away, other shopping centres include Londonderry Mall, Hollick Kenyon Landing, Manning Crossing.

If your family includes children, you will be happy to know a new Edmonton Public K-6 will be opening within walking distance. This future school will come with a park, soccer and baseball fields. A short drive away is Christ the King 5-9 Catholic School. McConachie Solstice is apart of the Horsehill Community League get your little ones involved in soccer, baseball, and fun seasonal events.

2 minutes from this North Edmonton Community is the Anthony Henday, quickly connecting you to all facets of the city.

Visit our Cambridge/Fushun duplex showhome for full details about lot selection, pricing, and availability. We look forward to meeting you.

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