Village at Griesbach in Edmonton

Name: Sales in Village at Griesbach started!
Start: 2020-10-01T07:30:38.188970+00:00
End: 2023-12-31T23:59:59+0000
Location: Village at Griesbach

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Property for sale in Village at Griesbach — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9613

Finished at	December 2017
Price, m²	From 2300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 150.00 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

345,000$

Net profit

9,376$

Payback period

29.3 years

Avg property value increase per year

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About the project

The Village at Griesbach is the perfect community if you’re looking for a short and simple route to the incredible shopping and restaurants of the downtown core. The Village is great for commuters looking to cut down their drive time. Nearby schools include Major-General Griesbach School and Queen Elizabeth School. Plus, ample outdoor space for exploring at Central Hill Park, Patricia Lake, Sanctuary Wood Park, and more! Get the attention you deserve with Impact Homes in The Village at Griesbach.