SKY Residences at ICE District in Edmonton

Name: Sales in SKY Residences at ICE District started!
Start: 2020-10-02T12:13:48.417843+00:00
End: 2023-12-31T23:59:59+0000
Location: SKY Residences at ICE District

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Project info

Object ID: 9656

Finished at	May 2020
Price, m²	From 5000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	66
Apartments	315
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

225,000$

Net profit

6,783$

Payback period

24.9 years

Avg property value increase per year

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About the project

Meet Edmonton’s new address for the upwardly mobile.

SKY Residences at ICE District offers the ultimate in urban living from the tallest tower in Western Canada. Situated on floors 43 through 66 with forever-views in all directions, SKY Residences at ICE District serves up privileged amenities along with all the buzz of living in the heart of ICE District.