Suite number:
Floor 11 - GRANDEUR
Project:
Address:
Ottawa, Ontario
Developer:
Claridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
900 sqft
Occupancy Date:
Jan 2025
Price, CAD
$695,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.56%
Cumulative Return on Investment in Year 5
86.94%
Property Price at the End of Year 5
$895,000
Deposit Schedule
$20,000 at Signing
Total up to 10% in 30 days
$69,500
10% on Occupancy
$69,500
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $459,000 |
| rent income | $15,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $214,000 |
| mortgage principal reduction | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $108,000 |
| deposit interest | $151 | - | - | - | - | - | - | - | - | - | $151 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $83,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $96,000 | $805,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $139,000 | - | - | - | - | - | - | - | - | - | $139,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $9,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $127,000 |
| mortgage payment | $28,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $332,000 |
| total expense investment | $226,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $647,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$143,305 | $21,000 | $23,000 | $26,000 | $30,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $158,000 |
| cumulative roi | $32 | $49 | $63 | $75 | $87 | $98 | $108 | $118 | $127 | $137 | $894 |
Claridge Royale
Address: Ottawa, Ontario
Price Range: $416,000 - $1,023,000
Avail. suites: 42
0—2 bd
540—980 SqFt