The View at Grandin City in Edmonton

Name: Sales in The View at Grandin City started!
Start: 2020-10-02T07:13:04.500459+00:00
End: 2023-12-31T23:59:59+0000
Location: The View at Grandin City

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Project info

Object ID: 9632

Finished at	July 2022
Price, m²	From 4070$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 70.00 m²
Floors	23
Apartments	178
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

284,900$

Net profit

7,813$

Payback period

28.2 years

Avg property value increase per year

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About the project

The View at Grandin City is a 23-storey tower harmoniously merging urban-contemporary design within a mature park community. The building features immersive design complementary to Grandin’s quiet streets to create a seamless transition that extends from indoors out.

Located in one of Edmonton’s most coveted Downtown communities with easy access to schools, transit, retail, services and recreation, The View is one of the most desirable new towers to live.