Which new Ottawa Condo project is the best investment for cash flow?

COLUMBUS, OH

The Livabl forums are closed to new posts and replies.
Read more about this here.

Change Location

Back to Conversations

VANCOUVER BUZZ

Buzzer

Which new Ottawa Condo project is the best investment for cash flow?

As most of you know, Ottawa is becoming a great place to invest for cash flow properties including new condos. There are 3 major projects under construction or in pre-sales right now. Which do you think will provide the best cash flow both short/medium term?

> Gotham Lofts, Glasshouses & Lofthouses > http://ow.ly/75Fz0
> SoBa Condos > http://ow.ly/75FAL
> Hideaway Lofts > http://ow.ly/75FBJ

Also, what do you think of the investment opportunity for Gotham and SoBa through Fortress Real Capital? They are marketing 12% annual return over 3 years for investment $40,000 or more. In addition to SoBa, they also have similar investment vehicles for Brant Park, King Charlotte and Langston Hall.

Check out their video: http://youtu.be/rAhmGodu-Uk

Canada / New Developments

DAYTON DAVIS

NewBee

Very great selection as an Ottawa Realtor you really cant go wrong on any one of these new projects.
Only concern is that SoBa is not officially approved by the city so hopefully the design and height remains exactly as planned other wise this could hurt the bottom line on your investment/ projected return of 36% over 3 years they are claiming. However with Lamb Developments and Fortress I would say it should be good!
SoBa and Hideaway are both right off Bank Street close the 417 and loads of downtown shopping and transit although Gotham will be closer to the future LRT project making it a great location for those looking to take rail to get arround the cities core.
If anyone has any questions regarding any of these 3 developments or any other great Ottawa condos I would be happy to help.

BUZZBUZZHOME

Buzzer

Want to stay in the know on any of these projects? Be sure to click "follow" on any of the pages and you will receive email updates as we receive them:
- Gotham Ottawa ---> http://www.buzzbuzzhome.com/gotham-ottawa
- SoBa Condos ---> http://www.buzzbuzzhome.com/soba-condos
- Hideaway ----> http://www.buzzbuzzhome.com/hideaway-condos-at-central
All great looking projects.