Suite number:
Floor 18 - ELEGANCE
Project:
Address:
Ottawa, Ontario
Developer:
Claridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
975 sqft
Occupancy Date:
Jan 2025
Price, CAD
$756,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.71%
Cumulative Return on Investment in Year 5
87.05%
Property Price at the End of Year 5
$974,000
Deposit Schedule
$20,000 at Signing
Total up to 10% in 30 days
$75,600
10% on Occupancy
$75,600
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 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $499,000 |
| rent income | $16,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $232,000 |
| mortgage principal reduction | $8,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $118,000 |
| deposit interest | $151 | - | - | - | - | - | - | - | - | - | $151 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $88,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $873,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $151,000 | - | - | - | - | - | - | - | - | - | $151,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | $10,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $137,000 |
| mortgage payment | $31,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $362,000 |
| total expense investment | $243,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $52,000 | $52,000 | $53,000 | $701,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$154,921 | $22,000 | $25,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $48,000 | $52,000 | $172,000 |
| cumulative roi | $32 | $49 | $63 | $76 | $87 | $98 | $108 | $118 | $128 | $137 | $895 |
Claridge Royale
Address: Ottawa, Ontario
Price Range: $416,000 - $1,023,000
Avail. suites: 42
0—2 bd
540—980 SqFt