Westwood in Ottawa

Name: Sales in Westwood started!
Start: 2020-10-16T08:46:12.739216+00:00
End: 2023-12-31T23:59:59+0000
Location: Westwood

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Project info

Object ID: 9891

Finished at	December 2020
Price, m²	From 3000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 120.00 m²
Floors	2
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

360,000$

Net profit

9,376$

Payback period

30.6 years

Avg property value increase per year

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Promos and discounts for Westwood

About the project

Adjacent to Shea Road Woods, and only minutes away from the world's longest network of recreational trails, Westwood has vibrant community centres, new schools, and an abundance of shopping only moments away.

Developer

Harold Taggart began transforming streets in the Glebe and Ottawa's west end into homes for returning war veterans in 1948. Joined by his fa…
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