The Uplands at Riverview in Edmonton

Name: Sales in The Uplands at Riverview started!
Start: 2020-10-01T07:44:25.690702+00:00
End: 2023-12-31T23:59:59+0000
Location: The Uplands at Riverview

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Project info

Object ID: 9614

Finished at	September 2019
Price, m²	From 1940$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 120.00 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

232,800$

Net profit

9,376$

Payback period

19.8 years

Avg property value increase per year

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About the project

The Uplands at Riverview is located on the very southwest edge of Edmonton, where the scenic outdoors meets urban convenience.

Developer

For over forty years, we’ve been working with Edmontonians to build homes that are functional, beautiful, and tailored to their needs. We’re…
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