The Slater in Ottawa

Name: Sales in The Slater started!
Start: 2020-10-09T09:16:32.052750+00:00
End: 2023-12-31T23:59:59+0000
Location: The Slater

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Project info

Object ID: 9800

Finished at	August 2017
Price, m²	From 4500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 150.00 m²
Floors	22
Apartments	178
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

675,000$

Net profit

9,376$

Payback period

57.4 years

Avg property value increase per year

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About the project

Welcome to Ottawa's 'it' address - and the city's most spectacular new residence. The Slater is a stunning structure that is the perfect adaptation of classic modernist design. Inspired by the clean, square lines of mid-century modernism, it marries a hip 1950's aesthetic with a thoroughly modern sensibility.

The black and white exterior is beautifully bold, with a dark grid that overlays clean white elements. The look evokes an iconic landmark design, with all the allure and sophistication to match. Luxurious minimalist interiors by II by IV are cool, classic and understated. The Slater is beautiful, sleek – and eternally chic.

More than an address. The Slater.

Developer

Broccolini launched its operations in 1949 when founder Donato Broccolini built a single-family home in Montreal. From his beginnings in the…
Details about Broccolini