Central Park in Cameron Heights in Edmonton

Name: Sales in Central Park in Cameron Heights started!
Start: 2020-10-02T08:56:29.746552+00:00
End: 2023-12-31T23:59:59+0000
Location: Central Park in Cameron Heights

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Project info

Object ID: 9646

Finished at	August 2018
Price, m²	From 2140$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 130.00 m²
Floors	2
Apartments	54
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

278,200$

Net profit

9,376$

Payback period

23.7 years

Avg property value increase per year

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Promos and discounts for Central Park in Cameron Heights

About the project

Cameron Heights is located moments away from the Anthony Henday Drive in southwest Edmonton. Shops, services, restaurants, groceries and more are just a five-minute drive east or west on Anthony Henday. Bounded on the north and east by the North Saskatchewan River and Ravine, and on the north and west by Wedgwood Ravine, this is one of the most desirable locations in all of the Greater Edmonton Area.

The plan for Cameron Heights incorporates low- and medium-density residential and commercial development, located strategically around natural features of the neighbourhood. A central park area has been designed to provide a focal point for the community and is also intended to house an elementary school and community facility. Pedestrian walkways are planned throughout the neighbourhood to provide links through the neighbourhood and into natural areas.

The proximity of three natural ravine systems (Wedgewood Ravine, Cameron Ravine, and Smith Road Ravine) and the North Saskatchewan River Valley are the most prominent features of the neighbourhood. The neighbourhood is designed primarily as a residential community, but one commercial site is planned for the main entrance to the community and is intended to serve the needs of local residents. To the northwest of Cameron Heights is the Wedgewood Heights neighbourhood, and to the southeast, located within the river valley, is the City’s E.L. Smith Water Treatment Plant.