101 on the River in Ottawa

Name: Sales in 101 on the River started!
Start: 2020-10-15T07:27:29.690163+00:00
End: 2023-12-31T23:59:59+0000
Location: 101 on the River

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Project info

Object ID: 9865

Finished at	August 2020
Price, m²	From 5300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 225.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

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

1,192,500$

Net profit

9,376$

Payback period

101.4 years

Avg property value increase per year

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About the project

Introducing 101 on the River - a unique collection of townhomes, custom-designed and developed by Claridge Homes. Located in Lowertown and backing onto the Rideau River, these three boutique townhomes are sure to impress. Each home presents a modern and contemporary composition crafted with luxurious finishes throughout and complemented with its priceless views.

Welcome to Wurtemburg, where luxury living resides along the Rideau River. Take in the gorgeous greenery of MacDonald Garden's Park out your front door, or the soothing sounds of the running river water out back. Life awaits you in Lowertown. It’s all here. All for you.

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