Suite number:
SUITE 2 305 & 405
Project:
Address:
Ottawa, Ontario
Developer:
Mizrahi Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1276 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,658,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.97%
Cumulative Return on Investment in Year 5
89.06%
Property Price at the End of Year 5
$2,138,000
Deposit Schedule
$10,000 at Signing
Total up to 10% in 30 days
$165,899
15% on Occupancy
$248,849
Net Gain (Loss)
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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 | $86,000 | $91,000 | $95,000 | $100,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $136,000 | $1,095,000 |
| rent income | $37,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $57,000 | $59,000 | $62,000 | $65,000 | $532,000 |
| mortgage principal reduction | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $248,000 |
| deposit interest | $47 | - | - | - | - | - | - | - | - | - | $47 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $164,000 | $158,000 | $166,000 | $174,000 | $182,000 | $191,000 | $201,000 | $210,000 | $221,000 | $232,000 | $1,899,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $415,000 | - | - | - | - | - | - | - | - | - | $415,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
| operating expense | $18,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $241,000 |
| mortgage payment | $69,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $809,000 |
| total expense investment | $572,000 | $105,000 | $105,000 | $106,000 | $106,000 | $107,000 | $108,000 | $108,000 | $109,000 | $109,000 | $1,535,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$407,625 | $53,000 | $60,000 | $68,000 | $76,000 | $84,000 | $93,000 | $102,000 | $112,000 | $122,000 | $364,000 |
| cumulative roi | $28 | $46 | $62 | $76 | $89 | $101 | $113 | $124 | $136 | $147 | $923 |
1451 Wellington
Address: Ottawa, Ontario
Price Range: $854,000 - $3,611,000
Avail. suites: 4
1—2.5 bd
578—1930 SqFt