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St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
St. Albert Case Study -- a publication of Vision Investment Properties
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St. Albert Case Study -- a publication of Vision Investment Properties

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St. Albert Case Study by Vision Investment Properties: …

St. Albert Case Study by Vision Investment Properties:
View and learn more about Vision's latest development project in St. Albert, where the projected ROI is at 26.5%.

Published in: Real Estate, Business
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  1. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comA publication ofWhere to Invest?An Economic Case Study of St. Albert
  2. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comTable of ContentsSection No. Slide Name Slide No.1. What are Economic Indicators? 32. Location & Transportation Development 53. Neighbouring Growth 94. Favourable Policies 135. Employment Growth 156. Population Growth 207. Overall Rental Outlook 248. St. Albert Investment Opportunity 28Slide 2 of 31
  3. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comWhat are Economic Indicators?Slide 3 of 31
  4. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comWhat are Economic Indicators?Economic indicators: signs that an economy is growing. A booming economyultimately leads to a housing market with increased housing prices and rents aswell as low vacancy rates. The key is to catch onto these signs and invest earlyin the growth cycle.Here are the economic indicators that we are going to go over in this casestudy:Slide 4 of 31
  5. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comLocation & TransportationImprovementSlide 5 of 31
  6. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comLocation & Transportation ImprovementInitially settled as a French Catholic community, St. Albert has developedinto an affluent suburb located northwest of Edmonton within the GreaterEdmonton Region (GER).Slide 6 of 31
  7. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comLocation & Transportation Improvement• City of St. Albert is not only bisected by Highway 2, but also adjacent toAnthony Henday Highway, a ring road highway around Edmonton that offersstreamlined travel times:• 10-15 minutes to downtown Edmonton• 20 minutes to University of Alberta• 30 minutes to Industrial Heartland and Fort Saskatchewan• 40 minutes to Edmonton International Airport• Therefore, the city is an ideal home for the59% St. Albert Residents working in CentralEdmontonSlide 7 of 31
  8. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comLocation & Transportation ImprovementSlide 8 of 31
  9. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comNeighbouring GrowthSlide 9 of 31
  10. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comNeighbouring GrowthLocated within the Greater Edmonton Region, St. Albert benefits fromthe ripple effect of Edmonton’s economic growth, high employmentand increasing prosperity.Edmonton Quick Facts:• Edmonton is a world centre for the oil, gas and petrochemicalindustries• The Edmonton region continues to surpass Alberta and Canada interms of job creation, labour force growth and expansion of theworking-age population (Source: The City of Edmonton, 2013)• 4th highest GDP growth of all Canadian cities in 2011Slide 10 of 31
  11. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comEdmonton is an economicpowerhouse with a gross domesticproduct of $53.891 billionFastest growingmetropolitan in CanadaPopulation of 1.16millionEdmonton’s population growthis 2.5 times the nationalaverageEDMONTON CAPITAL REGION11
  12. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comNeighbouring GrowthEconomic Factors Details & Market TrendOil & Gas industries •97% of Alberta’s oil found in GER service area•Expansion of value-added processing of naturalresources help expand employmentHigh Employment •Construction, trade and personal services sectorsestimated to create 6,000 jobs in 2013Population Growth •Edmonton’s population continues to grow at close to2.5 times the national average due to lowunemployment rate and high average income (ranked3rd in Canada)Infrastructure Improvement •Completion of Edmonton LRT Expansion and AnthonyHenday Ring Road positively affect surrounding realestate values significantlyWhat Makes Edmonton a HOT marketSlide 12 of 31
  13. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comFavourable PoliciesSlide 13 of 31
  14. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comFavourable Policies• Located in Edmonton, Alberta, St. Albert benefits from the province and itscapital’s business friendly and favourable policies:• No sales tax (PST), provincial capital taxes, payroll taxes or machinery andequipment taxes• Lowest business taxes in Canada• Lowest property taxes in the region• Lowest overall personal taxes in Canada• Affordable utility ratesSlide 14 of 31
  15. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comEmployment GrowthSlide 15 of 31
  16. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comEmployment Growth• Due to its strategic location and strong transportation, St. Albertcontinues to attract businesses and skilled workers to the city• Large retailers will be opening in the northern part of St. Albert:• Target has recently opened in May 2013• Costco is currently building a 13,750 square-metre warehouseand is scheduled to open in December 2013 Major commercial developments like this will driveresidential developmentSlide 16 of 31
  17. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.com17
  18. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.com18
  19. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comEmployment Growth• With St. Albert’s aggressive development plan, jobs are being created• Other than retailers, the city is also expecting a national brand hotel to bebuilt by the casino, which will demand more workers• According to Statistics Canada 2013, St. Albert’s healthy job market isreflected by its low unemployment rate of 3.8%, compared to 4.7% in theEdmonton Capital Region and the national rate at 7.2%59%28%13%Where do St. AlbertResidents Work?EdmontonSt. AlbertOther• Interesting to note, 28% of St. Albertresidents work locally while 59% workin Central Edmonton• The city’s strategic location allows itsresidents to take advantage of thebooming oil industry and benefit fromthe 26% higher average incomeoffered in EdmontonSlide 19 of 31
  20. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comPopulation GrowthSlide 20 of 31
  21. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comPopulation Growth• According to the 2011 census, St. Albert had a population of61,466, a 6.5% population increase from 2006. This growth wasahead of the national average, which was at 5.9%.• The city’s overall population is expected to double in the next 10years• St. Albert is ranked:#1 Top Canadian Place to Raise a Family- Today’s Parent Magazine#5 Best Place to Live in Canada- Money-Sense MagazineSlide 21 of 31
  22. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comPopulation GrowthSource: City of St. AlbertSlide 22 of 31
  23. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comPopulation GrowthJob opportunities andhigh average incomecontinue to attractpeople to the cityWith populationgrowth, demand forprograms and services isexpected to increaseOpportunities forbusinessdevelopment incommercial industrialsectorsMore jobs createdSlide 23 of 31
  24. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comOverall Rental OutlookSlide 24 of 31
  25. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comOverall Rental OutlookHousingDemandStrategic LocationNeighbouringGrowthEmployment &PopulationGrowth• Growing population in the Greater Edmonton Region is thebiggest contributor to the rising demand for rental units• Housing demand will lower vacancies, which will push upaverage rents in the areaSlide 25 of 31
  26. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comOverall Rental OutlookYear 2006 2007 2008 2009 2010 2011 2012St. Albert 0.9% 1.6% 3.7% 3.7% 2.3% 0.5% 0.9%Edmonton 0.8% 1.6% 2.4% 2.4% 4.5% 3.3% 2.5%Canada 2.7% 2.7% 2.3% 3.0% 2.9% 2.2% 2.6%Historical Vacancy Rates for Rental Housing (2006-2012)In the chart below, you will find that St. Albert’s rental vacancies aregenerally lower than Edmonton and the national average:Source: Canada Mortgage and Housing CorporationSlide 26 of 31
  27. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comOverall Rental OutlookSt. Albert is ranked:#5 Top Investment Town in Alberta- Real Estate Investment Network Canada#7 Financial Post’s “Where to Buy” List- Financial PostSlide 27 of 31
  28. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comSt. Albert InvestmentOpportunitySlide 28 of 31
  29. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comSt. Albert Investment OpportunityFeaturing (two-bedroom):• 26.5% projected ROI per year• $1400 monthly rents• 100% direct ownership• 4 year rental assurance• monthly positive cash flowSlide 29 of 311. Average condo fee for St. Albert project based off of comparables2. Average property tax amount for St. Albert project based of off comparablesCalculations listed above are estimates only. Vision Investment Properties does notguarantee its accuracy. Errors and omissions are excepted. Each purchaser is responsible for performing their own evaluation andforecasts. Vacancy rates and mortgage rates are subject to change.
  30. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comIf this opportunity interests you, fillout this form and our propertyconsultant will contact you or feelfree to contact us atinfo@viproperties.com!Slide 30 of 31St. Albert Investment Opportunity
  31. St. Albert Case StudySuit 111 375 Water St. Vancouver, BC Canada V6B 5C6Toll Free: 1 866 888 8265www.viproperties.comThank YouSlide 31 of 31

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