Summerside South in Ottawa

Name: Sales in Summerside South started!
Start: 2020-10-19T06:55:51.536633+00:00
End: 2023-12-31T23:59:59+0000
Location: Summerside South

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Project info

Object ID: 9910

Finished at	September 2020
Price, m²	From 3145$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 135.00 m²
Floors	2
Apartments	217
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

424,575$

Net profit

9,376$

Payback period

36.1 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Summerside South

About the project

Our presence in Orléans continues to grow. This new neighbourhood will connect you to all you need. Enjoy nature trails, parks and playgrounds outside your front door. Easy connections to Tenth Line and Mer Bleue Road takes you to convenient shopping, Place d'Orléans, large recreation facilities and entertainment. Tier one schools of all levels are just minutes from your home. Enjoy a full life in a contemporary new home in Summerside South.

Developer

Years ago, founder Peter Gilgan took a look around and saw an opportunity to create something unique in a world of uniformity. We got to whe…
Details about Mattamy Homes