Suite number:
Model 14 - Suite 401
Project:
Address:
Ottawa, Ontario
Developer:
eQ Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2.5
Size:
1093 sqft
Occupancy Date:
Oct 2024
Price, CAD
$967,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.68%
Cumulative Return on Investment in Year 5
148.55%
Property Price at the End of Year 5
$1,246,000
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 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $638,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $24,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $168,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $75,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $806,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $484,000 |
| total expense investment | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $484,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $26,000 | $18,000 | $21,000 | $25,000 | $28,000 | $32,000 | $36,000 | $41,000 | $45,000 | $50,000 | $322,000 |
| cumulative roi | $154 | $145 | $145 | $146 | $149 | $152 | $155 | $159 | $162 | $167 | $2,000 |
The Spencer at Greystone
Address: Ottawa, Ontario
Price Range: $649,000 - $2,092,000
Avail. suites: 7
1—2.5 bd
608—2880 SqFt