Lake Westerra in Edmonton

Name: Sales in Lake Westerra started!
Start: 2020-10-01T08:22:31.167296+00:00
End: 2023-12-31T23:59:59+0000
Location: Lake Westerra

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Project info

Object ID: 9619

Finished at	November 2017
Price, m²	From 1850$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 140.00 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

259,000$

Net profit

9,376$

Payback period

22.0 years

Avg property value increase per year

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About the project

Surrounded by the beautiful environmental reserve and a large park, Lake Westerra in Stony Plain boasts all of the amenities of big city life, but with the feel of small town living

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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