Suite number:
Floor 17 - ELEGANCE
Project:
Address:
Ottawa, Ontario
Developer:
Claridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
975 sqft
Occupancy Date:
Jan 2025
Price, CAD
$751,000
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
87.10%
Property Price at the End of Year 5
$968,000
Deposit Schedule
$20,000 at Signing
Total up to 10% in 30 days
$75,100
10% on Occupancy
$75,100
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 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $496,000 |
| 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 | $14,000 | $117,000 |
| deposit interest | $108 | - | - | - | - | - | - | - | - | - | $108 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $87,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $868,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $150,000 | - | - | - | - | - | - | - | - | - | $150,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| 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 | $30,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $359,000 |
| total expense investment | $241,000 | $49,000 | $49,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $697,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$153,961 | $22,000 | $25,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $52,000 | $172,000 |
| cumulative roi | $32 | $49 | $63 | $76 | $87 | $98 | $108 | $118 | $128 | $138 | $896 |
Claridge Royale
Address: Ottawa, Ontario
Price Range: $416,000 - $1,023,000
Avail. suites: 42
0—2 bd
540—980 SqFt