reResidences in Ottawa

Name: Sales in reResidences started!
Start: 2020-10-19T12:21:24.050158+00:00
End: 2023-12-31T23:59:59+0000
Location: reResidences

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Construction

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Project info

Object ID: 9930

Finished at	September 2019
Price, m²	From 7620$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	18
Apartments	91
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

335,280$

Net profit

6,783$

Payback period

37.1 years

Avg property value increase per year

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About the project

Experience the privilege that comes with Canada’s most iconic view–welcome to reResidences.

AT THE CENTRE OF IT ALL

Situated in the downtown core of the nation’s capital, reResidences boasts proximity to just about everything Ottawa has to offer. Mere moments away from restaurants, boutiques, cultural events, theatres and parks, a true urban lifestyle awaits.