Claridge Royale in Ottawa

Name: Sales in Claridge Royale started!
Start: 2020-10-15T06:46:42.907225+00:00
End: 2023-12-31T23:59:59+0000
Location: Claridge Royale

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Construction

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Project info

Object ID: 9862

Finished at	November 2023
Price, m²	From 5500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	26
Apartments	237
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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Personal discount certificate 300$
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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

242,000$

Net profit

6,783$

Payback period

26.8 years

Avg property value increase per year

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Promos and discounts for Claridge Royale

About the project

Buying a condo in the heart of Ottawa’s most energetic attraction means that you’ll experience a new way of living that knows no bounds! A luxury condominium at the Royale in the ByWard Market is perfect for any lifestyle. Discover the rich culture surrounding the ByWard Market, including colourful street art, boutique shops, unique restaurants, and exciting nightlife. Plus, proximity to the LRT is unbeatable as it is located steps from the building! Where the classic intersects the contemporary, where the prestige of the past meets the promise of the future — this is Claridge Royale!

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