Executive Towns at Riverside South in Ottawa

Name: Sales in Executive Towns at Riverside South started!
Start: 2020-10-16T06:39:49.890978+00:00
End: 2023-12-31T23:59:59+0000
Location: Executive Towns at Riverside South

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Project info

Object ID: 9880

Finished at	December 2018
Price, m²	From 3300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 150.00 m²
Floors	2
Apartments	190
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

495,000$

Net profit

9,376$

Payback period

42.1 years

Avg property value increase per year

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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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