Falcon One in Edmonton

Name: Sales in Falcon One started!
Start: 2020-10-02T07:28:47.161514+00:00
End: 2023-12-31T23:59:59+0000
Location: Falcon One

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Project info

Object ID: 9634

Finished at	February 2022
Price, m²	From 3540$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.00 m²
Floors	38
Apartments	296
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

184,080$

Net profit

7,229$

Payback period

19.4 years

Avg property value increase per year

Open ROI calculator

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About the project

On the corner of 104th Street and 100th Avenue in the heart of downtown Edmonton, Falcon One is a 38-storey residential high rise tower which features striking world class architectural design in downtown’s most desirable central location. Falcon One is the first of Falcon Tower’s two phases, situated on the North portion of the site with 296 units.

ARCHITECTURAL EXCELLENCE

Distinctive breaks ascending between expansive large balconies reveal elegant vertical channels in the facade of Falcon One. Langham Developments meticulously shaped the building from the podium to the penthouses to boldly stand out in the skyline from all directions.

RIVER VALLEY VIEWS

Edmonton’s River Valley is the largest urban park in Canada, with more than 160 kilometers of maintained pathways connected to 20 major parks. Falcon One features stunning views of the North Saskatchewan River and is connected to the River Valley by the nearby Heritage Trail Promenade.

CENTRAL LOCATION

Located South of Jasper Avenue on Edmonton’s 104th Street Promenade, Falcon One connects downtown’s most sought-after street to the River Valley. Residents are just steps away from destination shopping, the world renowned 104th street summer farmers market, world class entertainment, sports, Rogers Place and downtown nightlife. The University of Alberta and Northern Alberta Institute of Technology (NAIT) campuses are minutes away using the nearby Bay Enterprise Square LRT station.

Enjoy the best of Edmonton's vibrant downtown, while in the scenic and quiet residential setting of Falcon One.

Developer

Since 2001, Langham Developments has played the most significant role in rejuvenating Edmonton’s Downtown core and enhancing its’ skyline wi…
Details about Langham Developments Inc.