The Bowery Condos in Ottawa

Name: Sales in The Bowery Condos started!
Start: 2020-10-16T07:02:32.118510+00:00
End: 2023-12-31T23:59:59+0000
Location: The Bowery Condos

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Project info

Object ID: 9882

Finished at	November 2016
Price, m²	From 5800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	18
Apartments	248
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

261,000$

Net profit

6,783$

Payback period

28.9 years

Avg property value increase per year

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About the project

Introducing The Bowery Condominiums + Lofts. Atmospheric post-industrial architecture, eye-popping cosmopolitan lobby, and a street presence that’ll make you stop and go hmmm… The Bowery will offer a superb selection of modern suites and full-on amenities like a party room and fitness centre.

The ultimate walk-in draw’s got to be the edgy, over-the-top (literally, it’s on the rooftop) pool and lounge. The Bowery is a place that speaks to you and your unique take on life. A place that lets you live and play by your own rules. A great Centretown address at the heart of a vibrant capital metropolis humming with intellectual debate, world-class museums and stunning nature.

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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