Echo Condos in Ottawa

Name: Sales in Echo Condos started!
Start: 2020-10-17T07:28:50.388060+00:00
End: 2023-12-31T23:59:59+0000
Location: Echo Condos

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Project info

Object ID: 9903

Finished at	March 2022
Price, m²	From 5600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 78.00 m²
Floors	6
Apartments	38
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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

436,800$

Net profit

8,283$

Payback period

41.2 years

Avg property value increase per year

Open ROI calculator

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About the project

At ECHO, the past complements the future with the storied history of the Rideau Canal meeting the modern vision of Uniform Urban Developments and the renowned design of Hobin Architecture Inc.

Developer

Uniform Urban Developments draws on more than 25 years of experience to build iconic homes and communities in some of Ottawa’s finest neighb…
Details about Uniform Urban Developments