Cardinal Creek Village in Ottawa

Name: Sales in Cardinal Creek Village started!
Start: 2020-10-16T09:14:05.497295+00:00
End: 2023-12-31T23:59:59+0000
Location: Cardinal Creek Village

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Property for sale in Cardinal Creek Village — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in Cardinal Creek Village — look at the real estate search engine GEOLN.COM. Photo 2

Property for sale in Cardinal Creek Village — look at the real estate search engine GEOLN.COM. Photo 3

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Project info

Object ID: 9894

Finished at	December 2020
Price, m²	From 2700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 120.00 m²
Floors	2
Apartments	225
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

324,000$

Net profit

9,376$

Payback period

27.6 years

Avg property value increase per year

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About the project

A rolling landscape of walking trails and rugged ravines. Where the views of distant hills and nearby waterways frame each day, discover Cardinal Creek Village, Ottawa's next great community.

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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