Suite number:
SUITES 603, 703, 803, & 903
Project:
Address:
Ottawa, Ontario
Developer:
Mizrahi Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
632 sqft
Occupancy Date:
Mar 2025
Price, CAD
$853,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.84%
Cumulative Return on Investment in Year 5
77.10%
Property Price at the End of Year 5
$1,100,000
Deposit Schedule
$10,000 at Signing
Total up to 10% in 30 days
$85,399
15% on Occupancy
$128,099
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 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $564,000 |
| rent income | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $125,000 |
| mortgage principal reduction | $9,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $129,000 |
| deposit interest | $24 | - | - | - | - | - | - | - | - | - | $24 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $86,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $842,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $213,000 | - | - | - | - | - | - | - | - | - | $213,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | $8,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $108,000 |
| mortgage payment | $36,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $421,000 |
| total expense investment | $312,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $796,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$225,588 | $16,000 | $19,000 | $22,000 | $26,000 | $29,000 | $33,000 | $38,000 | $42,000 | $46,000 | $46,000 |
| cumulative roi | $30 | $45 | $57 | $68 | $77 | $85 | $93 | $101 | $108 | $115 | $780 |
1451 Wellington
Address: Ottawa, Ontario
Price Range: $854,000 - $3,611,000
Avail. suites: 4
1—2.5 bd
578—1930 SqFt