The Terraces at Greystone Village II in Ottawa

Name: Sales in The Terraces at Greystone Village II started!
Start: 2020-10-20T06:52:27.568172+00:00
End: 2023-12-31T23:59:59+0000
Location: The Terraces at Greystone Village II

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Project info

Object ID: 9935

Finished at	December 2021
Price, m²	From 5150$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 81.00 m²
Floors	9
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking 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

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

417,150$

Net profit

9,376$

Payback period

35.5 years

Avg property value increase per year

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About the project

Introducing The River Terraces II at Greystone Village, nestled between the Rideau River and the Rideau Canal. A nine-storey condominium inspired by its natural surroundings, with lush landscaping and pathways reflecting the river setting, expansive terraces, and incredible views. Enjoy walking paths, biking, and activities on the river right outside your door. Greystone Village has everything you could wish for in a community – including arts, culture, shopping, dining and entertainment, conveniently located minutes to downtown Ottawa.

Developer

Within every eQ Home lives a family’s dream. Over the years, we’ve had the pleasure of building award-winning communities and crafting dream…
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