Gallery Townhomes in Ottawa

Name: Sales in Gallery Townhomes started!
Start: 2020-10-16T09:24:00.494857+00:00
End: 2023-12-31T23:59:59+0000
Location: Gallery Townhomes

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

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Project info

Object ID: 9895

Finished at	November 2020
Price, m²	From 2300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 135.00 m²
Floors	3
Apartments	66
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

310,500$

Net profit

9,376$

Payback period

26.4 years

Avg property value increase per year

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About the project

One of Ottawa's fastest selling communities, with storybook streetscapes. Each new home includes paid stewardship in the South Nation Conservation, helping preserve and protect the important wetlands.

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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