Glenridding Heights in Edmonton

Name: Sales in Glenridding Heights started!
Start: 2020-10-02T07:41:41.009899+00:00
End: 2023-12-31T23:59:59+0000
Location: Glenridding Heights

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Property for sale in Glenridding Heights — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9636

Finished at	March 2018
Price, m²	From 2120$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 115.00 m²
Floors	2
Apartments	61
Building phase	Completed
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

243,800$

Net profit

9,376$

Payback period

20.7 years

Avg property value increase per year

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About the project

Glenridding Heights is one of Edmonton’s highly desirable Southwest communities, just minutes away from many great venues, such as Terwillegar Recreation Center, Windermere shopping center, movie theaters, medical centers, and grocery shopping.With easy access to Anthony Henday and Whitemud Freeway, Glenridding Heights leaves you connected to the City within minutes.Glenridding Heights is a beautiful, family neighborhood with many housing options. In addition, the Edmonton Public School Board has recently announced that a new Kindergarten to Grade 9 School will be built nearby for 900 students that residents of Glenridding Heights will have access to.