Axis Court in Ottawa

Name: Sales in Axis Court started!
Start: 2020-10-15T11:26:26.302733+00:00
End: 2023-12-31T23:59:59+0000
Location: Axis Court

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Project info

Object ID: 9877

Finished at	November 2020
Price, m²	From 2800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 95.00 m²
Floors	4
Apartments	68
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

266,000$

Net profit

9,376$

Payback period

22.6 years

Avg property value increase per year

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About the project

Our newly designed two-storey Sapphire Terrace Homes are maintenance-free condo living in Orleans. With two or three-bedroom options, the collection features open concept living, spacious balconies and energy star savings.

Developer

Our team is passionate about design. We’re always pushing the bar in Ottawa for houses people want to own, invest and live in. Our longstand…
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