Suite number:
Model 11 - Suite 505
Project:
Address:
Ottawa, Ontario
Developer:
eQ Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
824 sqft
Occupancy Date:
Oct 2024
$925,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
33.11%
Cumulative Return on Investment in Year 5
161.53%
Property Price at the End of Year 5
$1,192,000
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 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $610,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $149,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $85,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $783,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $450,000 |
total expense investment | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $450,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $40,000 | $18,000 | $21,000 | $25,000 | $28,000 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $333,000 |
cumulative roi | $206 | $172 | $163 | $161 | $162 | $163 | $166 | $168 | $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