Riverside South in Ottawa

Name: Sales in Riverside South started!
Start: 2020-10-15T11:42:44.611399+00:00
End: 2023-12-31T23:59:59+0000
Location: Riverside South

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Property for sale in Riverside South — look at the real estate search engine GEOLN.COM. Photo 1

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Property for sale in Riverside South — look at the real estate search engine GEOLN.COM. Photo 4

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Project info

Object ID: 9879

Finished at	August 2019
Price, m²	From 3070$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 130.00 m²
Floors	2
Apartments	89
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

399,100$

Net profit

9,376$

Payback period

34.0 years

Avg property value increase per year

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Promos and discounts for Riverside South

About the project

Home to one of Ottawa’s most desired communities with more than 10 schools, Riverside South is full of nature trails, community parks, shops, dining and services. Bridging the gap between Barrhaven and Riverside South, the Vimy Memorial Bridge connects these communities to offer added convenience to residents. Riverside South is the future home of the Limebank Station on the Trillium Line LRT providing commuters with direct access to Ottawa’s downtown core.

Developer

Our team is passionate about design. We’re always pushing the bar in Ottawa for houses people want to own, invest and live in. Our longstand…
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