Dolce Vita Homes at Timberidge in Edmonton

Name: Sales in Dolce Vita Homes at Timberidge started!
Start: 2020-10-01T09:13:11.623907+00:00
End: 2023-12-31T23:59:59+0000
Location: Dolce Vita Homes at Timberidge

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Project info

Object ID: 9629

Finished at	March 2020
Price, m²	From 2420$
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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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

338,800$

Net profit

9,376$

Payback period

28.8 years

Avg property value increase per year

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About the project

Experience the comfort and ease of life in west Edmonton’s hottest neighbourhood - Timberidge in Edgemont.

Nestled west of Anthony Henday Drive and Lessard Road, this bustling enclave of single family homes provides quick convenience to every lifestyle amenity and daily service people truly want.

The natural beauty of Wedgewood Creek ravine is a short stroll away via an integrated woodland trail system. Planned parks, playgrounds, even a K-9 area school, ensures family health and happiness grows right along with the community. Two commercial developments will soon bring daily services closer to home, but even today excellent shopping, day care, medical centers, recreation complexes and services are within a three minute drive.