Suite number:
Model 12 - Suite 211
Project:
Address:
Ottawa, Ontario
Developer:
eQ Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
920 sqft
Occupancy Date:
Oct 2024
Price, CAD
$897,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
33.11%
Cumulative Return on Investment in Year 5
161.87%
Property Price at the End of Year 5
$1,156,000
Deposit Schedule
$10 at Signing
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $592,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $13,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $144,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $83,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $87,000 | $91,000 | $760,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $436,000 |
| total expense investment | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $436,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $39,000 | $18,000 | $21,000 | $24,000 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $324,000 |
| cumulative roi | $208 | $173 | $164 | $162 | $162 | $163 | $166 | $169 | $172 | $176 | $2,000 |
The Spencer at Greystone
Address: Ottawa, Ontario
Price Range: $625,000 - $3,606,000
Avail. suites: 29
1—2.5 bd
608—2880 SqFt