CURRENT INVESTMENTS UNDER OWNERSHIP/MANAGEMENT

 

RENTALS

 

97 Hickory Street, Ingleside, Ontario

Approximately Value : $293,000

Style: Single Family Residential, Detached, Bungalow

Investment Summary: Vacant land purchase, new home build, refinance, rent to own

Monthly Cash Flow : $311/monthly

Estimated 5 year ROI forecast : 818%/$122,000

 

34 French Avenue, Long Sault, Ontario

Approximately Value : $148,000

Style: Single Family Residential, Semi-detached, 2 storey

Investment Summary: High-ratio mortgage, rent to own/rental

Monthly Cash Flow : $404/monthly

Estimated 5 year ROI forecast : 1176%/$93,000

 

797 Laflin Avenue, Cornwall, Ontario

Approximately Value : $151,000

Style: Single Family Residential, Semi-detached, Bungalow

Investment Summary: Cash-back mortgage, long-term rental

Monthly Cash Flow : $326/monthly

Estimated 5 year ROI forecast : 785%/$79,000

 

1301 Arba Court, Cornwall, Ontario

Approximately Value : $215,000

Style: Single Family Residential, Semi-detached, Split Level

Investment Summary: New construction, severance, refinance, long term rental

Monthly Cash Flow : $216/monthly

Estimated 5 year ROI forecast : 659%/$81,000

 

1303 Arba Court, Cornwall, Ontario

Approximately Value : $215,000

Style: Single Family Residential, Semi-detached, Split Level

Investment Summary: New construction, severance, refinance, long term rental

Monthly Cash Flow : $225/monthly

Estimated 5 year ROI forecast : 644%/$76,000

 

82 Pine Street, Cornwall, Ontario

Approximately Value : $152,000

Style: Single Family Residential, Detached, 2 storey

Investment Summary: 0% down acquisition, first and second mortgages, long term rental

Monthly Cash Flow : $413/monthly

Estimated 5 year ROI forecast : 1017%/$97,000

 

616-616A Montreal Road, Cornwall, Ontario

Approximately Value : $127,000

Style: Commercial/Residential, Detached, 2 storey, commercial parking

Investment Summary: 0% down acquisition, first and second mortgages, long term rental

Monthly Cash Flow : $128/monthly

Estimated 5 year ROI forecast : 715%/$66,000

 

208 Prince Albert Street, Cornwall, Ontario

Approximately Value : $120,000

Style: Single Family Residential, Detached, 2 storey

Investment Summary: 0% down acquisition, undervalued purchase, long term rental

Monthly Cash Flow : $387/monthly

Estimated 5 year ROI forecast : 1246%/$114,000

 

702 Montreal Road, Cornwall, Ontario

Approximately Value : $180,000

Style: Multi Family Residential, Detached, 2 storey

Investment Summary: 0% down acquisition, first and second mortgages, long term rental

Monthly Cash Flow : $199/monthly

Estimated 5 year ROI forecast : 565%/$80,000

 

16984 Headline Road, Long Sault, Ontario

Approximately Value : $350,000

Style: Single Family, Detached, 2 storey

Investment Summary: 0% down acquisition, first and second mortgages, long term rental

Monthly Cash Flow : $194/monthly

Estimated 5 year ROI forecast : 880%/$119,000

 

142 Adolphus Street, Cornwall, Ontario

Approximately Value : $164,000

Style: Single Family, Detached, 2 storey

Investment Summary: 0% down acquisition, first and second mortgages,

renovate/refinance, long-term rental

Monthly Cash Flow : $323/monthly

Estimated 5 year ROI forecast : 1309%/$93,000

 

11 Conliffe Avenue, Cornwall, Ontario

Approximately Value : $50,000

Style: Single Family, Detached, Bungalow (on slab)

Investment Summary: 0% down acquisition, 100% vendor take-back financing, long-term

rental, future demolition and new build

Monthly Cash Flow : $107/monthly

Estimated 5 year ROI forecast : 906%/$74,000

 

1 St. Lawrence Drive, Cornwall, Ontario

Approximately Value : $177,000

Style: Multi-Family/Student Housing, Detached, 2 storey

Investment Summary: high-ratio mortgage, long-term rental

Monthly Cash Flow : $1268/monthly

Estimated 5 year ROI forecast : 2144%/$103,000

 

2130 Tollgate Road, Cornwall, Ontario

Approximately Value : $138,000

Style: Single Family, Semi-Detached, 2 storey

Investment Summary: high-ratio mortgage, long-term rental

Monthly Cash Flow : $184/monthly

Estimated 5 year ROI forecast : 541%/$61,000

 

151 Destiny Private, Ottawa, Ontario

Approximately Value : $310,000

Style: Single Family, Townhome, 2 storey

Investment Summary: primary residence

Monthly Cash Flow : N/A

Estimated 5 year ROI forecast : 488%/$72,000

 

9C Woodvale Green, Ottawa, Ontario

Approximately Value : $175,000

Style: Multi-Family/Student Housing, Condominium, Block Unit

Investment Summary: first and second mortgages, rooming house, long-term rental

Monthly Cash Flow : $534/monthly

Estimated 5 year ROI forecast : 717%/$84,000

 

12 Valecrest Drive, Cornwall, Ontario

Approximately Value : $175,000

Style: Single-Family/Basement Suite, Semi-Detached, Bungalow

Investment Summary: Joint Venture, long-term rental

Monthly Cash Flow : $853/monthly

Estimated 5 year ROI forecast : 1129%/$144,000


VACANT LAND

Ostional, Nicaragua

Approximately Value : $550,000

Style: Vacant Land

Investment Summary: cash investment, future development

Monthly Cash Flow : N/A

Estimated 5 year ROI forecast : undetermined (estimated loss)


PRIVATE MORTGAGES

171 Heritage Place, Cornwall, Ontario

Type: Secured, second position

Investment Summary: past rent-to-own tenant, vendor-take back financing

Financial Summary: 10.0% interest, interest payments only $275/month, $33,000 principal

 

710 Cotton Mill Street, Unit 215, Cornwall, Ontario

Type: Secured, second position

Investment Summary: past rent-to-own tenant, vendor-take back financing

Financial Summary: 12.0% interest, interest payments only $387/month, $38,700 principal

 

15300 Eaman Road, Long Sault, Ontario

Type: Secured, first position

Investment Summary: vacant land re-sale, 100% vendor-take back financing

Financial Summary: 0% interest, monthly payments $300/month for 120 months, $36,000

principal

 

721 Seventh Street, Cornwall, Ontario

Type: Secured, second position

Investment Summary: business sale, mortgage in-lieu of payment

Financial Summary: 8.0% interest, interest payments $266.67/month, $40,000 principal

 

458 Rue De Cannes, Gatineau

Type: Secured, second position

Investment Summary: RRSP mortgage

Financial Summary: 15.0% interest, interest payments $187.50/month, $15,000 principal,

$600 lender fee, 3-month interest penalty at discharge

 

2020 Concession 10, Curran

Type: Secured, second position

Investment Summary: RRSP mortgage

Financial Summary: 12.0% interest, interest payments $215/month, $20,000 principal, $800

Lender fee, 3-month interest penalty at discharge


FLIPS

2940 Prince of Wales, Ottawa

Type: Split-level, large lot

Investment Summary: residential flip and resale

Financial Summary: private financing, blanket security

Estimated profit: $50,000 - $80,000

1727 Kingsdale, Ottawa

Type: New build, court sale

Investment Summary: residential flip and resale

Financial Summary: private financing, blanket security

Estimated profit: $75,000-$90,000