GEOLN.COM 🏠 Real estate in Canada New builds in Canada New builds in Ottawa 1451 Wellington, The Residences at Island Park Drive

On the map

1451 Wellington, The Residences at Island Park Drive in Ottawa

Name: Sales in 1451 Wellington, The Residences at Island Park Drive started!
Start: 2020-10-15T07:37:57.319605+00:00
End: 2023-12-31T23:59:59+0000
Location: 1451 Wellington, The Residences at Island Park Drive

Renders

Construction

Live Stream

Property for sale in 1451 Wellington, The Residences at Island Park Drive — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in 1451 Wellington, The Residences at Island Park Drive — look at the real estate search engine GEOLN.COM. Photo 2

Property for sale in 1451 Wellington, The Residences at Island Park Drive — look at the real estate search engine GEOLN.COM. Photo 3

Property for sale in 1451 Wellington, The Residences at Island Park Drive — look at the real estate search engine GEOLN.COM. Photo 4

Property for sale in 1451 Wellington, The Residences at Island Park Drive — look at the real estate search engine GEOLN.COM. Photo 5

Reviews about 1451 Wellington, The Residences at Island Park Drive

There are no reviews yet. You can be the first who rates it

Project info

Object ID: 9866

Finished at	August 2022
Price, m²	From 9800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	12
Apartments	93
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
Add to free Travel & Invest tour
Add to autotour
Personal discount certificate 300$
Free consultation	Ask a question

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

519,400$

Net profit

7,229$

Payback period

54.7 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for 1451 Wellington, The Residences at Island Park Drive

About the project

A boutique 12 storey luxury building of old-world craftsmanship is coming to one of Ottawa’s most iconic intersections at the corner of Island Park Drive and Wellington Street West in highly desirable Westboro. Each suite is custom designed and built to feel like a traditional home, equally grand and established in its own way. Brought to you by Canada’s only Tarion registered builder with ISO 9001 certification, a Swiss management system that demands accountability at every step, ensuring quality of engineering, suppliers and materials aimed to guarantee customer satisfaction and surpass expectations.