Suite number:
SUITE 2 202, 304, & 404
Project:
Address:
Ottawa, Ontario
Developer:
Mizrahi Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1543 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,928,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.16%
Cumulative Return on Investment in Year 5
89.47%
Property Price at the End of Year 5
$2,485,000
Deposit Schedule
$10,000 at Signing
Total up to 10% in 30 days
$192,899
15% on Occupancy
$289,349
Net Gain (Loss)
Get Expert Advice
Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $100,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $136,000 | $143,000 | $150,000 | $158,000 | $1,273,000 |
| rent income | $45,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $72,000 | $75,000 | $78,000 | $643,000 |
| mortgage principal reduction | $19,000 | $24,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $36,000 | $287,000 |
| deposit interest | $55 | - | - | - | - | - | - | - | - | - | $55 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $189,000 | $186,000 | $195,000 | $204,000 | $214,000 | $225,000 | $236,000 | $247,000 | $259,000 | $272,000 | $2,228,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $482,000 | - | - | - | - | - | - | - | - | - | $482,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| operating expense | $22,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $32,000 | $289,000 |
| mortgage payment | $79,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $95,000 | $937,000 |
| total expense investment | $659,000 | $122,000 | $123,000 | $124,000 | $124,000 | $125,000 | $126,000 | $126,000 | $127,000 | $128,000 | $1,784,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$470,555 | $63,000 | $72,000 | $81,000 | $90,000 | $100,000 | $110,000 | $121,000 | $132,000 | $144,000 | $444,000 |
| cumulative roi | $27 | $46 | $62 | $76 | $89 | $102 | $114 | $126 | $138 | $150 | $929 |
1451 Wellington
Address: Ottawa, Ontario
Price Range: $854,000 - $3,611,000
Avail. suites: 4
1—2.5 bd
578—1930 SqFt