Lilythorne in Ottawa

Name: Sales in Lilythorne started!
Start: 2020-10-15T07:03:09.503226+00:00
End: 2023-12-31T23:59:59+0000
Location: Lilythorne

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Project info

Object ID: 9864

Finished at	August 2020
Price, m²	From 3050$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 130.00 m²
Floors	2
Apartments	240
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten 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

396,500$

Net profit

9,376$

Payback period

33.7 years

Avg property value increase per year

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About the project

Located in Findlay Creek, Lilythorne is nestled by the National Capital Greenbelt and surrounded by paths and nature trails. With easy access to the 417, as well as plans for parks and a school, this family-friendly community is an excellent 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