Suite number:
Floor 14 - FORTUNE
Project:
Address:
Ottawa, Ontario
Developer:
Claridge Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
670 sqft
Occupancy Date:
Jan 2025
Price, CAD
$480,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.50%
Cumulative Return on Investment in Year 5
144.64%
Property Price at the End of Year 5
$619,000
Deposit Schedule
$20,000 at Signing
Total up to 20% in 9999 days
$96,000
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 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $317,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $8,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $77,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $33,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $394,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $240,000 |
| total expense investment | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $240,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $9,000 | $9,000 | $10,000 | $12,000 | $14,000 | $16,000 | $18,000 | $20,000 | $22,000 | $25,000 | $154,000 |
| cumulative roi | $138 | $137 | $139 | $141 | $145 | $148 | $152 | $156 | $160 | $164 | $1,000 |
Claridge Royale
Address: Ottawa, Ontario
Price Range: $416,000 - $1,023,000
Avail. suites: 43
0—2 bd
540—980 SqFt