Claridge Icon in Ottawa

Name: Sales in Claridge Icon started!
Start: 2020-10-13T11:20:20.183113+00:00
End: 2023-12-31T23:59:59+0000
Location: Claridge Icon

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Project info

Object ID: 9856

Finished at	May 2021
Price, m²	From 5600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	45
Apartments	320
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

324,800$

Net profit

7,229$

Payback period

34.2 years

Avg property value increase per year

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About the project

The Claridge Icon marks the official Ottawa debut of one of Canada's most preeminent architectural firms: Hariri Pontarini. We've raised the bar with a bold, geometric, 45-storey tower, rising above all other residential condo buildings in Ottawa. Condo balconies arc gracefully from the building façade, creating organic curves inspired by the swaying reeds on the banks of Dows Lake. At street level, the light-filled podium displays a subtle offset design, where cantilevered sections give the illusion of shifting and expanding, welcoming city life.

Developer

We make buying a Claridge home a wonderful experience because our entire staff is dedicated to making sure you get the home that's right for…
Details about Claridge Homes