Suite number:
Model 13 - Suite 302
Project:
Address:
Ottawa, Ontario
Developer:
eQ Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2.5
Size:
984 sqft
Occupancy Date:
Oct 2024
Price, CAD
$865,693
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.44%
Cumulative Return on Investment in Year 5
143.32%
Property Price at the End of Year 5
$1,115,000
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 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $571,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $13,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $136,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $57,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $708,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $434,000 |
total expense investment | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $434,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $14,000 | $15,000 | $18,000 | $21,000 | $25,000 | $28,000 | $32,000 | $36,000 | $40,000 | $44,000 | $274,000 |
cumulative roi | $132 | $134 | $137 | $140 | $143 | $147 | $151 | $155 | $159 | $163 | $1,000 |
The Spencer at Greystone
Address: Ottawa, Ontario
Price Range: $625,000 - $3,606,000
Avail. suites: 31
1—2.5 bd
608—2880 SqFt