Avalon Encore in Ottawa

Name: Avalon Encore
Brand: Minto Communities Canada
SKU: 9531
Availability: InStock

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Project info

Object ID: 9531

Finished at	March 2020
Price, m²	From 2400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 100.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

240,000$

Net profit

9,376$

Payback period

20.4 years

Avg property value increase per year

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About the project

Welcome to Avalon Encore, a master-planned community in Orléans, Ottawa where generations of families can be within walking distance of each other, enjoy quiet streets, parks, ponds, and walking paths around the community. Ideally located between Tenth Line Road and Mer Bleue Road in the heart of Orléans, Avalon Encore homeowners enjoy easy access to transit, shopping, and restaurants

Developer

It all started with a simple belief: no matter who you are, where you're from, or where you're going, we're proudly building better places t…
Details about Minto Communities Canada