River's Edge in Ottawa

Name: Sales in River's Edge started!
Start: 2020-10-15T06:30:22.615692+00:00
End: 2023-12-31T23:59:59+0000
Location: River's Edge

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Property for sale in River's Edge — look at the real estate search engine GEOLN.COM. Photo 1

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Property for sale in River's Edge — look at the real estate search engine GEOLN.COM. Photo 4

Property for sale in River's Edge — look at the real estate search engine GEOLN.COM. Photo 5

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Project info

Object ID: 9860

Finished at	October 2021
Price, m²	From 3400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 130.00 m²
Floors	2
Apartments	256
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground 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

442,000$

Net profit

9,376$

Payback period

37.6 years

Avg property value increase per year

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Promos and discounts for River's Edge

About the project

In the rapidly growing Riverside South, you’ll discover Claridge’s newest residential community: River’s Edge. Located by the Rideau River and close to schools, shops, parks, and nature trails, this sought-after area has plenty to offer. Select one of Claridge’s single, bungalow, semi-detached, or townhome designs and discover why River’s Edge is the perfect place to call home.

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