Allora Condos in Ottawa

Name: Sales in Allora Condos started!
Start: 2020-10-15T09:04:03.203335+00:00
End: 2023-12-31T23:59:59+0000
Location: Allora Condos

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Project info

Object ID: 9874

Finished at	March 2020
Price, m²	From 3000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 135.00 m²
Floors	4
Apartments	64
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

405,000$

Net profit

9,376$

Payback period

34.5 years

Avg property value increase per year

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About the project

Introducing Allora, Riverside South’s exclusive boutique condo enclave featuring 16 stunning corner suites in four sleek buildings.

Built to Urbandale Construction’s renowned high standards, modern architecture is paired with all the luxuries of maintenance-free living. Features include, a unique ravine setting, corner suites with expansive balconies, underground parking, elevator access, and more – all in the heart of the desirable community of Riverside South.

Anchored by the magnificent Rideau River, Riverside South is Ottawa's fastest growing master-planned community. Set amid pristine forests, ravines, nature trails and waterfront parks, Riverside South is the ideal place to live. Everything is located conveniently close by, including four highly regarded schools, a community centre and three shopping plazas, offering more than 50 shops and services. The addition of Vimy Memorial Bridge connects this desirable community to an even broader array of amenities and services.

Riverside South offers residents a welcome refuge from the hustle and bustle of city life, while enjoying the added convenience of its close proximity to Ottawa's city center.