Available at Kerryhill Court
- 800 - 900 sq. ft. apartments
- Some condos are tenanted - 2-yr. leases until Sept 2015
- No management fee - Kerryhill may manage for 2 yrs
- Recent sales at Kerryhill Court: $137,000 - $160,000
CMHC Calculators
Determine your:
Mortgage Payment,
Debt Service,
CMHC Premium,
Household Budget,
Mortgage Affordability
NEED FINANCING?
Get the best rates through a Mortgage Broker from Oriana Financial. They have access to more than 30 Lenders!
Contact Todd Farrell 613-635-2921 Email or
Bob Rodrigue 613-717-1505 Email - having served the Valley for more than 30 years.
|
INVEST
Invest in a condo in Deep River. We'll run the numbers for you. Here's an example of your return (income, expenses, NOI, financing and cash flow are monthly):
25 Tamarack | Analysis Sheet
List Price: $127,011
20% down, 3% int., 25 yr. amort.
|
27 Tamarack | Analysis Sheet
List Price: $145,900
20% down, 3% int., 25 yr. amort.
|
Mortgage Amount
Down payment
Total Income
Total Expenses
NOI
Financing Cost
Monthly Cash Flow
Total Annual Return
|
$101,608
$25,402
$922
$308
$614
$481
$132
24.41%
|
Mortgage Amount
Down payment
Total Income
Total Expenses
NOI
Financing Cost
Monthly Cash Flow
Total Annual Return
|
$116,720
$29,180
$1018
$362
$657
$552
$105
22.62%
|
*Estimates do not include mortgage insurance or other lender fees. All numbers are estimates.
A few more reasons to invest in a condo at Kerryhill Court:
- Population: 4500 (Market area: 8,000) - 1/3 Seniors, 1000+ AECL Employees
- Median Family Income $84,813 (Ontario $82,522)
- 40,000 people within 30-minute drive
- CFB Base Petawawa is 18 minutes from Kerryhill Court
- 193 kms (or 2-hour drive) to 1 million people in Ottaw
a
- 2012 Housing Survey Results: Condominium is #1 one desired dwelling - and we answered that request; Kerryhill Court is the first condo in Deep River
- Deep River has a Golf Course, Yacht & Tennis Club, Legion, Symphony Orchestra, Library, Beaches, Seniors Residence, Police & Fire Dept, Hospital, and more Retirees, AECL employees, and Base Petawawa soldiers/civilians live in or are moving to Deep River
|
Major Employers in Deep River
- 3,400 Employees of Atomic Energy of Canada (AECL)
- AECL to transition to Government-Owned Contractor-Operated Model
- 5,100 Military, 1,000 Civilian at Canadian Forces Base Petawawa
- An additional 400-500 soldiers plus families by 2015 will be added to CFB Petawawa (Chinook Helicopter Project: $834 million)
This Guide has been created by CMHC to help you become an informed condominium buyer.
Topics include: condominium types, rules and regulations, a condition checklist, a glossary of terms, information sources and a condominium selection checklist.
“Real estate is the basis for all wealth.”
~ Theodore Roosevelt
|
