Caspia In The Collections at Creekwood in Edmonton

Name: Caspia In The Collections at Creekwood
Brand: City Homes Master Builder
SKU: 9608
Availability: InStock

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Project info

Object ID: 9608

Finished at	December 2019
Price, m²	From 1800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 135.00 m²
Floors	3
Apartments	45
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

243,000$

Net profit

9,376$

Payback period

20.7 years

Avg property value increase per year

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About the project

Welcome to Caspia Townhomes in the Collections at Creekwood, a neighborhood that is perfectly situated for all the joys in life. Located south of Ellerslie Road off 141 Street, The Collections is southwest Edmonton’s newest community. Our Caspia Townhomes offer pond views, a double attached garage, and a fully landscaped yard. Best of all, there are no condo fees.

Whether you want to walk your kids to a brand new school, enjoy a stroll along the ravine, or enjoy a BBQ with friends, make The Collections part of the future you’ve always dreamed of.

Developer

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