1011&999 wellington west development proposal by yatingwei

Design Economics ARCC 4500 FINAL SUBMISSION

999 & 1011 WELLINGTON STREET WEST

GROUP 9 Shirley Duong #100939920 YATING WEI #100965038 JESSIE CHUNG #100982419 MARISA CORDEIRO #100975470

Development Brief

Location Gorss Floor Area Occupancy Number of Floors Number of Units Development Proposal

Design Package Parking Level 1st Floor 2nd Floor 3rd Floor 4th Floor 5th Floor 6th Floor

Appendix A Financing Summary Loan Amortization B Market Drawing Finish Schedule C LEED Checklist Triple Bottom Line

Pro Forma D

Predevelopment Land Acquisition Design & Planning Professional Service Fee Permits & Development Charges Construction Financing Tarion LEED

Site Analysis Official Plan Key Destination Transit Urban Pattern Future & Current Proposals Parks and Open Space Site Photos

999 & 1011 WELLINGTON STREET WEST

Planning Rationale

Development Financial Summary % Equity Equity Required Bank Loan Profit Profit Per Door Cash on Cash Return Development Expenses Revenues

Revenue Summary CRU Units & Parking Price Sheet Tarion Enrollment Breakdown Cash Flow Projections Project Timeline/Schedule Go/No- Go Criteria

Land Titles E Alternate Financing Structure F Work/Task Distribution

Site Plan

Development brief

DEVELOPMENT PROPOSAL

1011 & 999 Wellington Street West Ottawa

Subject Property and Proposal of the site The proposal includes severing and selling the R4T portion of lot 991 and developing on the other two properties that are in TM11 zone. The decision to forgo development on lot 991 was dependant on the high cost of land and risk factor associated with larger projects in the case of unsold units. Up-zoning was also to be avoided as to keep the Traditional Mainstreet character and charm of the area and therefore it was crucial to find ways to save on costs. This resulted in the exclusion of lot 991 and severing the R4T portion of lot 999 and selling it since according to the zoning by law, a 18m setback needed to be applied between the R4T and TM11 zone in lot 999. This results in a total buildable floor area of 62.5 m2 in the residential zone. Therefore, it is more profitable to sell the lot in R4T zone and develop the land in the TM11 zone.

Proposal Respecting the built environment in the Hintonburg neighbourhood, 694 m2 of the ground floor is designated to commercial uses, whereas floors 1 to 6 are used for residential purposes. According to the demographic information of the Hintonburg neighbourhood, the common household size is one person household (around 55.4%); the majority of households are tenants (around 63.3%); most people that live in the area are around 20 to 39 years old (around 38%). Responding to the demographics of the neighbourhood, the proposed building (on lots 999 & 1011) includes 18 Bachelor units and 35 one bedroom units for young professionals, seniors, students and business starters. Apart from the rental units, there are also 11 two bedrooms units and 2 three bedroom units for families with children.

Proposed Lot: Site 999 & 1011 Wellington West Ottawa Ontario

Scale: 1:10000 Radius: 600m

SITE ANALYSIS

Official Plan

Subject Property

Official Plan

The subject properties, 1011 and 999 Wellington West Street are located near the intersection of Wellington Street West and Somerset Street, in the Hintonburg neighbourhood. The properties is bounded by Armstrong Street to the west and Wellington Street West to the east. The lot 1011 is in TM (11) zone while the east side of the lot 999 is in TM 11 (1824) and the west side is in R4T zone. The proposal includes severing and selling the lot that in the R4T zone and developing on the other two properties in the TM11 zone. The two subject properties have a frontage of 46m, a depth of 30m and a total lot area of 1380m2. The two properties are currently used as a parking lot with a temporary food shop in the middle.

The official plan encourages intensification along Traditional Mainstreet zone, which apply to Wellington Street West in this case. For lots 999 and 1011, intensification involves in an infill development, currently used as a private parking lot. Designated as Traditional Mainstreet, the Wellington Street West was developed before 1945, reflected in the urban fabric around the street as it is compact and tight. The buildings are small scale and close to the street with narrow frontages. This results in a more pedestrian and transit friendly areas. Thus, the city want to maintain the pedestrian oriented form while intensifying the area around the Traditional Mainstreet zone.

Land use designation for 999 and 1011 1011 and 999 Wellington Street West both sit in a TM(11) traditional mainstreet zone, which permits a wide range of uses, including retail, service, commercial, office, residential and institutional, but excluding auto related uses. The official plan promotes compact, mixed-use, pedestrianorientated development, such that the zone can be accessed by foot, cycle, transit or automobile. Recognized as part of the Business Improvement Areas, the function of the site serves primarily as business or shopping areas. By imposing the development standards, the continuity of the street can be ensured, the character can be maintained so that the uses area compatible and complement surrounding land uses. (City of Ottawa Official Plan Part 10 Mixed use/Commercial Zones Section 185-198)

Proposed Lot: Site 999 & 1011 Wellington West Ottawa Ontario

Scale: 1:10000 Radius: 600m

in separate buildings 9) New gas bars, service stations, automobile sales and drivethrough facilities will not be permitted on traditional mainstreet zone 10) On Traditional Mainstreet surface parking will not be permitted between building and the street. ďź&#x2C6;(Official plan Section 3 Designations and Land Use. 3.6.3 Mainstreet)ďź&#x2030;

Secondary Plan According to the Wellington Street West Secondary Plan, the built form on Mainstreet should follows following principles: 1) New buildings within the Traditional Mainstreet should be maximum 6 storeys or 20m, except where identified by the specific area policies. In those cases, the City allow the properties to increase the maximum building height to 9 storeys. 2) New buildings over 4 storeys on Traditional Mainstreet should incorporate architectural articulation and details to form a 2 to 3 storey base to ensure compatibility with the existing low rise, human scale building. 3) Key elements of scale and details from the traditional 1 to 3 storey building and the narrow lot sizes of the Traditional mainstreet (Wellington

Following the official plan, the site should be planned according to following rules: 1) Multi-modal (pedestrian, cycling, transit and vehicular) access between the site and the public street(s), 2) Attractive, safe and usable pedestrian and cycle connections between the site and adjacent communities 3) An enhanced interconnected pedestrian environment that links individual uses on the site, transit stops and continuous public sidewalks on the adjoining streets, and which is generally distinct from internal vehicle routes 4) Measures of sufficient size and quality to relieve the visual impact of surface parking areas 5) The provision of adequate landscaped areas, particularly trees,

West) should be demonstrated to ensure the design of the new building fits the existing urban fabric.

along the perimeter of the site and street frontages 6) The provision of coordinated signage, and 7) Over time, a development that is oriented to the Mainstreet 8) Uses may be mixed in individual buildings or occur side by side

(Wellington Street West Secondary Plan)

DEMOGRAPHICS

KEY DESTINATION

Population

Age of Residents

51.1%

Key buildings and open spaces are the elements that characterize the mainstreet. Within Hintonburg, the key buildings includes the church and community center, such as St Francois D'Assise (label as #5) and the Hintonburg community center (#6).

48.9% 0-9 years 8.5%

9790 Total Population

10-19 years 5.5%

20-39 years 38%

The Orpheus Musical theatre (#8) is also located in the neighbourhood. However it is not located along the Wellington Street West.

Household Size x3

8.7%

5.0%

1.5%

0.8%

55.4%

28.7%

Household Tenure

Owner Household 36.7%

In the map, key destinations such as restaurants, retail stores and cafés are also labelled. This includes Simpleraw express (#1), LCBO (#2), Suzy Q Doughnuts (#3), Malenka Originals (#7), Mac's Convinence (#10), The Ministry of Coffee and Social Affair (#11) and Marché Hintonburg Market (#12).

Avg value of owned dwelling $371,375

50-69 years 24%

Services

(Wellington Street West Community Design Plan)

Farmer's market 2

Cost of owned dwellings/month $1279

Tenant Household 63.3%

Cost of rented dwellings/month $874

According to the CDP, several buildings contribute to the history of the neighborhood which are included in the City’s heritage reference list for designation in the future. Those buildings are outlined in blue dotted line in the map.

70 years + 9.1%

Convenience store 2

Grocery store 0

Community Garden 0

Restaurant

Fast Food

Beer Store 1

LCBO Store 1

Heritage Building (Heritage Reference List) Key Destinations 1. SimplyRaw Express 2. LCBO 3. Suzy Q Doughnuts 4. The Hintonburg Public House 5. St Francois D'Assise 6. Hintonburg Community Center

Heritage Building (Part IV Ontario Heritage Act) 7. Malenka Originals 8. Orpheus Musical Theatre 9. Tooth & Nail Brewing Company 10.Mac’s Convinece 11.The MIinistry of Coffee & Social Affair 12. Marché Hintonburg Market

Scale: 1:4500 Radius: 250m

TRANSIT

URBAN PATTERN

The Hintonburg neighbourhood is more accessible by public transportation than other areas along Scott Street (also known as Albert Street), the northeast corner is a primary transit hub for the community that includes 34 bus routes. The Bayview O-Train station is the terminal stop of the existing north south Trillium line. The new east west Confederation line will be connected with the existing Trillium line at Bayview Station making downtown more accessible for the community in 2018.

According to CDP, majority of land use in the neighborhood are single detached residential home. However, there are also semidetached, townhouses and row houses, low rise apartments in the area. They are colored in different colors in the map in order to distinguish various types of housing. Along the Traditional Mainstreet (Wellington Street West), most of the buildings are mixed use that includes commercial or office space on the ground floor and residential units above. The variety building types are benefited to the local neighborhood residents and allow them to work close to home.

Three local bus routes provide service on the street through the neighbourhood that can be seen on the map. Route 11 runs on Wellington Street West between Bayshore Shopping center to the west and Rideau Shopping center to the east of downtown. Route 16 provides service along Scott Street westbound to Britannia Park Loop and St Paul University. Route 14 provide service between St Laurent Shopping center and Carlington along Gladstone Ave.

Also, there are several high rise residential buildings and large institutional uses buildings along West Wellington St. (Wellington Street West Community Design Plan)

According to the Ottawa Cycling Plan, Wellington, Holland, Island Park and Scott Street are defined as â&#x20AC;&#x153;Spine or city-wideâ&#x20AC;? cycling route whereas Armstrong and Spencer Street are considered as Community cycling route. Bus The CDP states that in the area, there are around 54% of people getting to work using alternative transportation and there are twice as many people choosing to walk or bike compared to the city average.

O Train Bike

Pedestrian Bike Bus # 14 Bus # 11 Bus # 16

Single Detached house 14.3%

Pedestrian Bike Bus # 14 Bus # 11 Bus # 16

Apartment 39.7% Townhouse/Rowhouse 13% Commercial Mixed use (Residential Above)

(Wellington Street West Community Design Plan)

Scale: 1:10000 Radius: 600m

Green Space

Institutional (Churches, School, Community)

Scale: 1:10000 Radius: 600m

URBAN PATTERN Building height

FUTURE AND CURRENT PROPOSALS Most of the proposals in the area call upon new developments of midrise apartment buildings, small amounts of low rise apartment projects, one high rise apartment tower and some row house and townhouse projects. The apartment towers are designed for mixed uses include commercial uses at grade and residential units above.

According to CDP, 950 units in total will be developed in the neighbourhood from 2006 to 2031 to accommodate 10% population increase during that time. Wellington Street West will absorb most of the new development. With those changes, commercial space will increase about 28%.

Along the Traditional Mainstreet (Wellington Street West), most of the buildings are mixed use that includes commercial or office space on the ground floor and residential units above. The variety building types are benefited to the local neighborhood residents and allow them to work close to home.

(Wellington Street West Community Design Plan)

Future Proposals

Also, there are several high rise residential buildings and large institutional uses buildings along West Wellington St.

1. 979 WELLINGTON ST.

9 storey mixed-use building, containing 57 residential rental units and commercial uses at grade

(Wellington Street West Community Design Plan)

2. 1-3 Storeys ㄀ⴀ㌀匀琀漀爀攀礀猀

㐀ⴀ㠀匀琀漀爀攀礀猀 4-8 Storeys 㤀⬀ 匀琀漀爀攀礀猀 9+ Storeys 3.

1000 WELLINGTON ST. 6-storey mixed use building with 57 residential units, ground-levelcommercial space, and 1 level of underground parking with 28 parking spaces and indoor bicycle parking. 10 ROSEMOUNT AVE.,1130 WELLINGTON ST. &1140 WELLINGTON ST. 6 storey condo building with ground floor commercial space

4. 37 LADOUCEUR ST. & 53

MERTON ST. 6 unit rowhouses, 3 storeys

5. 175 CARRUTHERS AVE. 2 apartment buildings, 3.5 storey dwelling with 12 units and 18 storey dwelling with 187 units. Commercial space on ground level with a total of 132 parking spaces, 23 of which will be visitors parking. Bicycle parking total of 112 spaces

6. 92 STONEHURST AVE.

6 unit low rise apartment building, 4 storeys

7. 178 CARRUTHERS AVE.

proposed 4 storey, 21-unit lowrise apartment building

8. 190 FORWARD & 192 FORWARD AVE. proposed 3.5 storey stacked townhouse development, 8 units

Scale: 1:10000 Radius: 600m

PARKS AND OPEN SPACES

SITE PHOTOS 1

There are several publicly owned parks and open spaces along or within short walking distance of Wellington Street West. Among all those parks, Somerset Square (#2), Hintonburg Park (#3), McCormick Park (#4) and Parkdale Park are recognized as primarily passive recreational public open spaces. Numerous special events over the year are hosted in those parks. The City of Ottawa Official Planâ&#x20AC;&#x2122;s target is to achieve 4 hectares (40000m2) of parks and recreational space per 1000 people. This is still an ongoing challenge for the future development.

999 Wellington West

(Wellington Street West Community Design Plan)

1.Armstrong Park (Old Ottawa) 2. Somerset Square 3.Hintonburg Park 4.McCormick Park 5.Stirling Carruthers 6.Larache Park 7.Tom Brown Arena

8.Bayview Friendship Park

Scale: 1:10000 Radius: 600m

1011 Wellington West

999 Residential zone

PERSPECTIVE

Restaurant in the middle of 999 and 1011

1 3

2 5 6

Street View 4

Scale: 1:1500 17

PARKING P A R K I N G /L ESTORAGE V E L U G 2 LEVEL UG2

PERSPECTIVE

UG2 Parking Storage Level 2 GFA 1494 m 1 Parking Space: 24 Locker Space: 39

LOCKERS: 10 SPACES

MECH. ROOM

LOCKER 12 SPACES

D LOCKER 4 SPACES

B LOCKER 7 SPACES

LOCKER 10 SPACES

UG2 1 : 250

LEVEL 1 Level 1

P A R K I N G/ LSTORAGE E V E L U G 1LEVEL UG1 PARKING UG1 Parking Storage Level GFA 1494 m2 1 Parking Space: 24 Locker Space: 21 Bicycle Parking: 32

Mixed Use Level 1 2 GFA 821m (8837 sqft) SFA 694m2 (7470 sqft) Floor Efficiency: 84.5%

LOCKERS: 10 SPACES

BICYCLE PARKING 12 SPACES

Residential Garden/ Outdoor Amenities

BICYCLE PARKING 20 SPACES

E Garbage Room

LOCKER 4 SPACES

Lobby 127 m²

C SHORT-TERM BICYCLE PARKING 6 SPACES

TO U/G 2

FRONT DESK

Rentable - Retail 321 m² B

LOCKER 7 SPACES

MAILROOM

Retail 300 m²

Retail 73 m²

LOCKER 10 SPACES

ENTRANCE TO U/G PARKING

UG1 1 : 250

LEVEL 1 1 : 250

L E V E L 22 LEVEL Residential Level 2 GFA 951m2 (10237sqft) SFA 879m2 (9461sqft) Floor Efficiency: 92.4%

L E V E L3 3 LEVEL 1

Residential Level 3 GFA 951m2 (8837 sqft) SFA 879m2 (7470 sqft) Floor Efficiency: 92.4%

1 Bedroom Suite: 10 2 Bedroom Suite: 2 3 Bedroom Suite: 1

E 201

3 Bedroom Suite 115 m²

203

202

1 Bedroom

2 Bedroom Suite

55 m²

84 m²

205

204

1 Bedroom 55 m²

1 Bedroom 56 m²

206

1 Bedroom

301

3 Bedroom Suite 115 m²

70 m²

303

302

1 Bedroom

2 Bedroom Suite

55 m²

84 m²

304

1 Bedroom 55 m²

305

1 Bedroom 56 m²

306

1 Bedroom 70 m²

Circulation 108 m²

213

2 Bedroom Suite 84 m²

212

211

1 Bedroom 51 m²

1 Bedroom 52 m²

210

1 Bedroom 52 m²

209

208

207

1 Bedroom 53 m²

1 Bedroom 56 m²

1 Bedroom Suite

313

2 Bedroom Suite 110 m²

71 m²

212

311

310

309

308

307

1 Bedroom 51 m²

1 Bedroom 52 m²

1 Bedroom 53 m²

1 Bedroom 56 m²

1 Bedroom Suite

LEVEL 2

71 m²

1 : 250

Circulation 108 m²

LEVEL 3 1 : 250

L E V E4L 4 LEVEL Residential Level 4 GFA 863m2 (9289 sqft) SFA 792m2 (8525 sqft) Floor Efficiency: 91.8%

L E V E L 55 LEVEL 2

Residential Level 5 GFA 731m2 (7868 sqft) SFA 660m2 (7104 sqft) Floor Efficiency: 90.3%

Bachelor Suite: 5 1 Bedroom Suite: 5 2 Bedroom Suite: 2 3 Bedroom Suite: 1

Bachelor Suite: 7 1 Bedroom Suite: 2 2 Bedroom Suite: 3

E 402

401

3 Bedroom Suite 115 m²

403

2 Bedroom Suite 84 m²

404

1 Bedroom Suite 1 Bedroom Suite 55 m² 55 m²

405

406

1 Bedroom Suite 56 m²

1 Bedroom Suite 60 m²

502

Bachelor Suite 40 m²

504

Bachelor Suite 40 m²

505

1 Bedroom Suite 65 m²

501

2 Bedroom Suite 87 m²

Circulation 104 m²

503

1 Bedroom Suite 51 m²

Circulation 104 m²

506 512

413

2 Bedroom Suite 88 m²

412

411

Bachelor Suite Bachelor Suite 42 m² 41 m²

410

Bachelor Suite 42 m²

409

Bachelor Suite 42 m²

208

Bachelor Suite 45 m²

1 Bedroom Suite 88 m²

207

1 Bedroom Suite 70 m²

511

510

Bachelor Suite Bachelor Suite 41 m² 42 m²

1 : 250

507

Bachelor Suite 45 m²

LEVEL 4

508

Bachelor Suite 42 m²

509

Bachelor Suite 42 m²

2 Bedroom Suite 81 m²

LEVEL 5 1 : 250

LEVEL L E V E L 66 Residential Level 6 GFA 615m 2 (6620 sqft) SFA 544m2 (5856 sqft) Floor Efficiency: 88.5%

DEVELOPMENT FINANCIAL SUMMARY 2

Average Selling Price PSF Average Average Selling Selling Price Price PSF PSF Net Revenues Net Revenues Net Revenues Expenses Expenses Expenses Profit Profit Profit Profit Per Door Profit Profit Per Per Door Door Cash on Cash Return Cash on Cash on Cash Cash Return Return Equity Required Equity Equity Required Required % Equity % % Equity Equity Bank Loan Bank Bank Loan Loan % LTC (Debt) % % LTC LTC (Debt) (Debt)

Bachelor Suite: 4 1 Bedroom Suite: 2 2 Bedroom Suite: 1 3 Bedroom Suite: 2

DEVELOPMENT EXPENSES DEVELOPMENT DEVELOPMENT EXPENSES EXPENSES Site Development (Pre-development) Site Site Development Development (Pre-development) (Pre-development) Design & Planning Design Design & & Planning Planning Marketing & Sales Marketing Marketing & & Sales Sales Construction Construction Construction Financing Financing Financing Tarion Tarion Tarion LEED LEED LEED Total Expenses Total Total Expenses Expenses

Outdoor Amenity

Outdoor Amenity 602

601

603

1 Bedroom Suite 53 m²

2 Bedroom Suite 71 m²

1 Bedroom Suite 48 m²

Circulation 89 m²

609

608

607

606

605

3 Bedroom Suite 91 m²

Bachelor Suite 40 m²

Bachelor Suite 42 m²

GENERAL GENERAL GENERAL

$537.00 $537.00 $537.00 $28,687,560.00 $28,687,560.00 $28,687,560.00 $24,066,277.15 $24,066,277.15 $24,066,277.15 $4,621,282.85 $4,621,282.85 $4,621,282.85 $77,021.38 $77,021.38 $77,021.38 71.85% 71.85% 71.85% $6,432,092.57 $6,432,092.57 $6,432,092.57 26.73% 26.73% 26.73% $17,634,184.58 $17,634,184.58 $17,634,184.58 73.27% 73.27% 73.27%

NOTES NOTES NOTES Refer to Revenue Summary Refer to Revenue Refer to Revenue Summary Summary Refer to Pro Forma Refer Refer to to Pro Pro Forma Forma Net Revenue - Expenses Net Net Revenue Revenue -- Expenses Expenses Profit/# of Doors Profit/# Profit/# of of Doors Doors (Profit/Equity) x 100% (Profit/Equity) (Profit/Equity) xx 100% 100% 25% of sub expenses plus 25% of sub expenses plus 25% of sub expenses plus fee interest and and commitment commitment interest interest and commitment fee fee 75% of sub expenses 75% of sub expenses 75% of sub expenses

$1,645,745.07 $1,645,745.07 $1,645,745.07 $2,910,235.48 $2,910,235.48 $2,910,235.48 $1,552,720.20 $1,552,720.20 $1,552,720.20 $16,032,078.90 $16,032,078.90 $16,032,078.90 $589,031.04 $589,031.04 $589,031.04 $1,293,102.70 $1,293,102.70 $1,293,102.70 $43,363.76 $43,363.76 $43,363.76 $24,066,277.15 $24,066,277.15 $24,066,277.15

C Residential Sales Residential Sales Sales Residential Commercial Sales Commercial Sales Sales Commercial Parking Parking Parking Storage Lockers Storage Lockers Lockers Storage Net Revenues Net Revenues Revenues Net

604

3 Bedroom Suite 105 m²

REVENUES REVENUES REVENUES

$21,477,280.00 $21,477,280.00 $21,477,280.00 $5,080,280.00 $5,080,280.00 $5,080,280.00 $1,920,000.00 $1,920,000.00 $1,920,000.00 $210,000.00 $210,000.00 $210,000.00 $28,687,560.00 $28,687,560.00 $28,687,560.00

LEVEL 6 1 : 250

Pro forma

PRO-FORMA

Gross Floor Area (GFA): 53087 sqft

Saleable Floor Area (SFA): 47878 sqft Floor Efficiency: 90.20%

PRO-FORMA

Description

PRE-DEVELOPMENT

Gross Floor Area (GFA): 53087 sqft Saleable Floor Area (SFA): 47878 sqft

Land LandSeverance (Consent)

BUDGET

PRE-DEVELOPMENT

GROSS COST PSF

SALEABLE COST

PERCENTA GE

NOTES

SOURCES

Land Profit

Building Permit Legal - Land Closing $1,954,614.38

$36.82

$40.82

8.12%

$131.25/sqft

Jeff Salmon, Lecture 5, slide 48

-$502,503.75

-$9.47

-$10.50

-2.09%

$131.25/sqft profit on the sale of the R4T portion of the 999 parcel

Jeff Salmon,Lecture 5, slide 48

Land Transfer Tax

$35,567.00

$0.67

$0.74

0.15%

based on Ontario Land Transfer Tax

https://www.ratehub.ca/land-transfer-tax

Legal - Land Closing

$29,319.22

$0.55

$0.61

0.12%

1.5% of land costs

http://www.ottawaishome.com/download.php?id=62

Real Estate Agent Fee

$122,855.91

$2.31

$2.57

0.51%

standard of 5% of land costs (including the intended sale of the R4T portion of the 999 parcel)

http://www.ottawacitizen.com/business/real+estate+commissions+what+does+cost+really+pays/12035050/story.html

Title and Land Search

$160.00

$0.00

0.00%

2 full title searches at $80/lot

http://www.ontariotitlesearch.ca/

Title Insurance

$2,361.01

$0.04

$0.05

0.01%

Lawyer Legal Fees

$800.00

$0.02

https://quote.fct.ca/

0.00%

http://www.ottawaishome.com/english/resources/home-buyer-closing-costs.html

Registration of Deed

$71.30

$0.00

0.00%

http://www.ottawaishome.com/english/resources/home-buyer-closing-costs.html

Phase 1 Environmental Site Assessment

$2,500.00

$0.05

0.01%

http://www.envstd.com/what-is-the-cost-of-a-phase-i-environmental-site-assessment/

Total Land Cost per door

$1,645,745.07

$31.00

$34.37

6.84%

$27,429.08

DESIGN & PLANNING

Professional Design Fees

Architect

Structural Engineer

$817,636.02

$15.40

$17.08

3.40%

Group C 5.1% of total construction cost

OAA

$79,510.80

$1.50

$1.66

0.33%

Column 2 0.5% of construction cost

RAIC

Mechanical Engineer

$79,510.80

$1.50

$1.66

0.33%

Column 2 0.5% of construction cost

RAIC

Electrical Engineer

$79,510.80

$1.50

$1.66

0.33%

Column 2 0.5% of construction cost

RAIC

Geotechnical Engineer

$20,000.00

$0.38

$0.42

0.08%

Civil Engineer

$15,902.16

$0.30

$0.33

0.07%

Lawyer

$15,000.00

$0.28

$0.31

0.06%

Project Manager

$477,064.83

$8.99

$9.96

1.98%

Landscape Architect

$50,000.00

$0.94

$1.04

0.21%

as quoted from Geoseismic Geotechnical & Environmental about 1/5 of structural engineer costs

as quoted by Joseph Ha from Joseph Ha Engineering Inc. as quoted by Amos Wong from TFAI

3% of construction fees maximum

http://ottawa.ca/calendar/ottawa/citycouncil/csedc/2012/10-02/07c%20-%20Project%20Management%20Agreement.pdf as quoted by Amos Wong from TFAI

Land Surveyor

$7,000.00

$0.13

$0.15

0.03%

see above

Building Envelope Consultant

$45,000.00

$0.85

$0.94

0.19%

see above

Elevator Installation Consultant

$10,000.00

$0.19

$0.21

0.04%

see above

Quantity Surveyor

$40,000.00

$0.75

$0.84

0.17%

see above

Code Consultant

$10,000.00

$0.19

$0.21

0.04%

see above

Disbursements

$43,653.39

$0.82

$0.91

0.18%

2.5% of total soft costs

see above

Contingency Total Professional Design Fees

$87,306.77

$1.64

$1.82

0.36%

5% of total soft costs

see above

$1,877,095.57

$35.35

$39.21

7.80%

$21,086.77

$0.40

$0.44

0.09%

Permits & Development Charges Site Plan Application

Land Profit Review Fees Land Transfer Tax

Land Land

GROSS COST SALEABLE PERCEN

NOTES

Land

Floor Efficiency: 90.20%

Description

BUDGET

https://ottawa.ca/en/city-hall/planning-and-development/how-develop-property/development-application-review-process-24/development-application-fees

SOURCES

https://ottawa.ca/en/city-hall/planning-and-development/how-develop-property/committee-adjustment#consent Jeff Salmon, Lecture 5, slide 48

-2.01% 0.02% 0.14%

Committee of Adjustment $1799 Conservation Authority $100 $131.25/sqft Planning Growth Management $608 $131.25/sqft profit on the sale of the R4T portion of the 999 parcel Initial Engineering Fee: $5,000 Plus Conservation Authority Fee: $100 based on Ontario Land Transfer Tax

0.12% 0.18%

1.5% of land costs 7470 at $0.82/sqft (commercial)

http://www.ottawaishome.com/download.php?id=62 http://documents.ottawa.ca/sites/documents.ottawa.ca/files/documents/gross_floor_fee_sked_en.pdf

$1,954,614.38 $2,507.00

$36.82 $0.05

$40.82 $0.05

7.81% 0.01%

-$502,503.75 $5,100.00 $35,567.00

-$9.47 $0.10 $0.67

-$10.50 $0.11 $0.74

$29,319.22 $43,531.34

$0.55 $0.82

$0.61 $0.91

45617 at $0.82 sqft (residential)

Jeff Salmon,Lecture 5, slide 48 https://ottawa.ca/en/city-hall/planning-and-development/how-develop-property/development-application-review-process-24/development-application-fees https://www.ratehub.ca/land-transfer-tax

$2.31

$2.57

0.49%

Initial Engineering Design Review and Inspection Fee $5,000.00 Title and Land Search $160.00

$0.09 $0.00

$0.10 $0.00

0.02% 0.00%

standard of 5% of land costs (including the intended sale of the R4T portion of the 999 parcel) Value of Infrastructure and Landscaping <$300,000 2 full title searches at $80/lot

Title Insurance Signage Fee

$2,361.01 $565.00

$0.04 $0.01

$0.05 $0.01

0.01% 0.00%

for 2 signs

$800.00

$0.02

0.00%

https://quote.fct.ca/ https://ottawa.ca/en/city-hall/planning-and-development/how-develop-property/development-application-review-process-24/development-application-fees#fees-related-planning-applications http://www.ottawaishome.com/english/resources/home-buyer-closing-costs.html

$71.30 $72.00 $2,500.00

$0.00 $0.00 $0.05

0.00% 0.00% 0.01%

$72 for the first 5,000 sqft of gross floor area, plus $9.90 for each additional 1,000 sqft of gross floor area -building to be demolished at 404sqft

http://www.ottawaishome.com/english/resources/home-buyer-closing-costs.html http://documents.ottawa.ca/sites/documents.ottawa.ca/files/bldg_fee_sked_010117_en.pdf http://www.envstd.com/what-is-the-cost-of-a-phase-i-environmental-site-assessment/

Real Estate Agent Fee

Lawyer Legal Fees Registration of Deed Demolition Permit Phase 1 Environmental Site Assessment

Total Land

$122,855.91

http://www.ottawacitizen.com/business/real+estate+commissions+what+does+cost+really+pays/12035050/story.html https://ottawa.ca/en/city-hall/planning-and-development/how-develop-property/development-application-review-process-24/development-application-fees http://www.ontariotitlesearch.ca/

$1,645,745.07

$30.99

$34.36

6.58%

$27,429.08 $150,026.70

$2.83

$3.13

0.62%

60 units at $2300/dwelling 7470 sqft (commercial) at $1.61/sqft

https://ottawa.ca/en/city-hall/planning-and-development/how-develop-property/development-charges/fee-scheduleeffective-august-1-2017#education-development-charges

Development Charges (Residential 1 Bedroom)

$449,010.00

$8.46

$9.38

1.87%

45 units at $9,978/unit (inside the greenbelt)

https://ottawa.ca/en/city-hall/planning-and-development/how-develop-property/development-charges

Architect Development Charges (Residential 2(+) Bedroom) Structural Engineer

$811,010.21 $203,295.00 $79,510.80

$15.28 $3.83 $1.50

$16.94 $4.25 $1.67

3.24% 0.84% 0.32%

OAA see above RAIC

Mechanical Engineer Development Charges (Commercial) Electrical Engineer

$79,510.80 $151,865.10 $79,510.80

$1.50 $2.86 $1.50

$1.67 $3.17 $1.67

0.32% 0.63% 0.32%

Group C 5.1% of total construction cost 15 units at $13,553/unit (inside the greenbelt) Column 2 0.5% of construction cost 7470 sqft2at0.5% $20.33/sqft non-industrial Column of construction cost use (inside the greenbelt) Column 2 0.5% of construction cost

Geotechnical Engineer Road Cutting Permit

$20,000.00 $426.00

$0.38 $0.01

$0.42 $0.01

0.08% 0.00%

Approx. Price: $426.00

$15,902.16

$0.30

$0.33

0.06%

about 1/5 of structural engineer costs

as quoted by Joseph Ha from Joseph Ha Engineering Inc.

Development Sign Lawyer

$655.00 $15,000.00

$0.01 $0.28

$0.01 $0.31

0.00% 0.06%

Development area 1,000 to 5,000

http://documents.ottawa.ca/sites/documents.ottawa.ca/files/bldg_fee_sked_oct2016_en.pdf as quoted by Amos Wong from TFAI

Total ProjectPermits Manager & Development Charges

$1,033,139.91 $477,064.83

$19.46 $8.99

$21.58 $9.96

4.29% 1.91%

3% of construction fees maximum

http://ottawa.ca/calendar/ottawa/citycouncil/csedc/2012/10-02/07c%20-%20Project%20Management%20Agreement.pdf

Landscape Architect

$50,000.00

$0.94

$1.06

0.20%

Marketing & Sales Commissions Land Surveyor

$7,000.00

$0.13

$0.15

0.03%

see above

Marketing Materials Building Envelope Consultant

$45,000.00

$0.85

$0.94

0.18%

see above

Elevator Installation Consultant Architectural 3D model Quantity Surveyor

$10,000.00 $20,000.00 $40,000.00

$0.19 $0.38 $0.75

$0.21 $0.42 $0.84

0.04% 0.08% 0.16%

Cost perDevelopment door Education Charges DESIGN & PLANNING

Professional Design Fees

Civil Engineer

Total Design & Planning

Code Consultant Disbursements Televisions Contingency Total Professional Design Fees

$2,910,235.48

$10,000.00 $500 $43,487.74 $86,975.48

$54.81

$60.78

12.09%

$0.19

$0.21

0.04%

$0.82 $0.01 $1.64

$0.91 $0.01 $1.82

0.17% 0.00% 0.35%

RAIC see above RAIC as quoted from Geoseismic Geotechnical & Environmental https://ottawa.ca/en/business/permits-business-licences-and-applications/right-way

as quoted by Amos Wong from TFAI

Average price for a 6-storey model

see above Michael Ramey Marketing Developer for Mastercraft Starwood: Marketing Company for Soho Champaigne see above

Televisions located at the SoHo Rental office to advertise the site. Average price for 2 2.5% of total soft costs televisions: 5% of total $250.00/ soft costs television

see above Michael Ramey Marketing Developer for Mastercraft Starwood: Marketing Company for Soho Champaigne see above

LEED Green Associate training will be provided to a Sales Representative to better promote our development and it's LEED aspects to potential buyers.

https://leadinggreen.com/canada/ontario/

see above

$1,869,972.82

$35.23

$39.11

7.47%

$300.00

$0.01

0.00%

$21,086.77

$0.40

$0.44

0.08%

Printing

$30,000.00

$0.57

$0.63

0.12%

Printing includes: banners, brochures, plans, business cards, on site banners

Professional Branding Package

$15,300.00

$0.29

$0.32

0.06%

Includes a brand identity, a Shopify website setup and packaging design. 12 months @ $1275

http://ianvadas.com/what-we-do/

Sales Set-up

$200,000.00

$3.77

$4.18

0.83%

Sales set-up cost an average of $50/sqft. SoHo Office Center is 4000 sqft

Taylor Bennet: Sales Representative for SoHo

Sales office Rent

$144,000

$2.71

$3.01

0.60%

Based on 300 Lisgar Avenue SoHo Rental Office. Rent is $4000/month. Assuming 36 months at $4000/month

Taylor Bennet: Sales Representative for SoHo

Permits & Development Charges LEED Courses Site Plan Application

https://ottawa.ca/en/city-hall/planning-and-development/how-develop-property/development-application-review-process-24/development-application-fees Michael Ramey Marketing Developer for Mastercraft Starwood: Marketing Company for Soho Champaigne

Sales Office Setup

Pro forma

PRO-FORMA

Gross Floor Area (GFA): 53087 sqft

Saleable Floor Area (SFA): 47878 sqft

Floor Efficiency: 90.20%

Description

BUDGET

GROSS COST SALEABLE PERCEN

Sales Land Representatives (2)- Salary based

$160,000 $1,954,614.38

$3.01 $36.82

$3.34 $40.82

0.66% 7.81%

Land Profit Sales Representatives (2)- Commision based

Sales representatives receive an average of $40,000/year. Assume 3 representatives for 2 Taylor Bennet: Sales Representative for SoHo $131.25/sqft Jeff Salmon, Lecture 5, slide 48 years at $40,000/ rep.

-$502,503.75 $90,000

-$9.47 $1.70

-$10.50 $1.88

-2.01% 0.37%

Jeff Salmon,Lecture slide 48 Taylor Bennet: Sales5,Representative for SoHo

PRE-DEVELOPMENT

Land

NOTES

SOURCES

Land Transfer Tax

$35,567.00

$0.67

$0.74

0.14%

$131.25/sqft profit onreceive the saleanofaverage the R4Tof portion ofper the unit 999 sale. parcel2 representatives: Sales representatives $15000 $15000/ 3 units based on Ontario Land Transfer Tax

Advertising Legal - Land Closing Kick-off Party

$29,319.22

$0.55

$0.61

0.12%

1.5% of land costs

http://www.ottawaishome.com/download.php?id=62

Real Estate Agent Fee

$10,000.00 $122,855.91

$0.19 $2.31

$0.21 $2.57

0.04% 0.49%

standard of 5%for of aland costsparty (including the intended sale R4T portion of the 999 Average price kick-off assuming a big event ofofallthe invited 1000+ people parcel)

Taylor Bennet: Sales Representative for SoHo http://www.ottawacitizen.com/business/real+estate+commissions+what+does+cost+really+pays/12035050/story.html

$160.00 $45,000.00 $2,361.01

$0.00 $0.85 $0.04

$0.00 $0.94 $0.05

0.00% 0.19% 0.01%

2 full title searches at $80/lot Ottawa Citizen: Ottawa's local online newspaper. Assuming the advertisement will be placed on the daily news section online. 90 days $500/day

http://www.ontariotitlesearch.ca/ http://www.ottawacitizen.com/about-ottawa-citizen/pdf/2011-2012/digital%20ratecard%202011-12.pdf https://quote.fct.ca/

$800.00 $50,000.00 $71.30

$0.02 $0.94 $0.00

$0.02 $1.04 $0.00

0.00% 0.21% 0.00%

http://www.ottawaishome.com/english/resources/home-buyer-closing-costs.html Ottawa Citizen: Ottawa's local newspaper. Assuming the advertisement will be placed on http://www.ottawacitizen.com/about-ottawa-citizen/pdf/2012-2013/Print_Ratecard13.pdf the front page skyline. 20 days $2500/day http://www.ottawaishome.com/english/resources/home-buyer-closing-costs.html

$2,500.00 $1,825.00

$0.05 $0.03

$0.05 $0.04

0.01% 0.01%

Facebook Advertisments works like an auction. Assuming we bid for the cost per click (CPC) option and recieve 20 clicks per day for a year @ $0.20 USD or with the current exchange rate $0.25 CAD per click

Online Newspaper Advertising Title and Land Search Title Insurance

Print Newspaper Lawyer Legal FeesAdvertising Registration of Deed

Advertisement on Facebook Phase 1 Environmental Site Assessment

Total Land Cost per door

Advertisement on buzzbuzzhome

DESIGN & PLANNING

$1,645,745.07

$30.99

$34.36

6.58%

$27,429.08

$22,800.00

$0.43

$0.48

0.09%

Professional Design Fees

https://www.ratehub.ca/land-transfer-tax

http://www.envstd.com/what-is-the-cost-of-a-phase-i-environmental-site-assessment/ https://adespresso.com/blog/facebook-ads-cost/

Buzzbuzzhome: Online marketing website for homes. It can be area specific to Ottawa. It receives over 650,000 montlhy visitors. Info provided by the buzzbuzzhome website. Rate https://www.buzzbuzzhome.com/ca/promoteyourproject.aspx was compared to the Eddy Condos. 2 years $950/month

PRO-FORMA

Description

BUDGET

GROSS COST SALEABLE PERCEN

General Requirements and Fees

$1,659,662.81

$31.26

$34.66

6.90%

$20.15/sqft @82365.4sqft

See Above

$148,723.40 $1,954,614.38 $568,000.00

$2.80 $36.82 $10.70

$3.11 $40.82 $11.86

0.62% 7.81% 2.36%

Grass paver $10/sqft Landscape Fabric $31/sqft Tree $200/EA $131.25/sqft @2 Elevator $284000/EA

https://www.improvenet.com/r/costs-and-prices/landscaping-cost-estimator Jeff See Salmon, Above Lecture 5, slide 48

$2,051.19 -$502,503.75

$0.04 -$9.47

$0.04 -$10.50

$0.61/sqft @ 3362.6sqft $131.25/sqft profit on the sale of the R4T portion of the 999 parcel

See Above Jeff Salmon,Lecture 5, slide 48

$35,567.00

$0.67

$0.74

0.01% -2.01% 66.62% 0.14%

based on Ontario Land Transfer Tax

https://www.ratehub.ca/land-transfer-tax

Commitment Fee

$29,319.22 $132,256.38

$0.55 $2.49

$0.61 $2.76

0.12% 0.55%

http://www.ottawaishome.com/download.php?id=62 Jeff Salmon, Lecture 5, slide 32

Real Consultant Estate Agent Fee Report Cost - Initial

$122,855.91-

Cost Consultant - Monthly Inspections Title and Land Search Legal Financing Interest Title Insurance

1.5% of land costs 0.75% of loan amount standard of 5% of land costs (including the intended sale of the R4T portion of the 999 See Quantity Surveyor in Professional Design Fees parcel)

$160.00 $35,000.00

$2,361.01 $421,774.66

$0.04 $7.94

$0.05 $8.81

0.01% 1.75%

Total LawyerFinancing Legal Fees

$589,031.04 $800.00

$11.10 $0.02

$12.30 $0.02

2.45% 0.00%

http://www.ottawaishome.com/english/resources/home-buyer-closing-costs.html

Registration of Deed

$71.30

$0.00

0.00%

http://www.ottawaishome.com/english/resources/home-buyer-closing-costs.html

New Home Builder Registration Fee Phase 1 Environmental Site Assessment Warranty Enrollment Fees

PRE-DEVELOPMENT

Land Landscaping Land Elevators

Land Profit Costs Demolition

Total Construction Land Transfer Tax

Financing Legal - Land Closing

Tarion

$16,032,078.90

$302.00

$2.31 $0.00 $0.66

$334.85

$2.57 $0.00 $0.73

0.49% 0.00% 0.15%

NOTES

See Quantity Surveyor in Professional Design Fees 2 full title searches at $80/lot Assume 100 hrs @ $350/hr Based off Appendix A calculated at 3% annual interest

SOURCES

http://www.ottawacitizen.com/business/real+estate+commissions+what+does+cost+really+pays/12035050/story.html http://www.ontariotitlesearch.ca/ Jeff Salmon, Lecture 10, slide 25 https://quote.fct.ca/ Jeff Salmon, Lecture 5, slide 32

$2,500.00 $2,500.00

$0.05

0.01%

Fixed Price (Tax Exempt)

Total Land Tarion Cost Legal per door

$48,352.70 $1,645,745.07

$0.91 $30.99

$1.01 $34.36

0.20% 6.58%

Tarion Enrollment Fee Calculation Table

https://www.tarion.com/builders/building-homes-condominiums/warranty-enrolment-fees

0.05%

Assuming $350/hr for 35 hrs of work

Jeff Salmon, Lecture 10, slide 25

Security Deposit

$1,200,000.00

$22.60

$25.06

4.99%

Page 6- Deposit of 20,000/ unit; 60 units

https://www.tarion.com/sites/default/files/2017-07/BB28-Program-Requirements-For-Receipt-and-Release-Of-Security.pdf

DESIGN & PLANNING

Professional Design Fees

$12,250.00 $27,429.08

$0.23

$0.26

https://www.tarion.com/sites/default/files/inline-files/Registration-Information-Sheet.pdf http://www.envstd.com/what-is-the-cost-of-a-phase-i-environmental-site-assessment/

Inspection Architect Fee

$30,000.00 $811,010.21

$0.57 $15.28

$0.63 $16.94

0.12% 3.24%

Assuming Moderate Inspection: Min. 12 inspections (4 inspections / 3units + common Group C 5.1% of total construction elements) $1500/3 units; 60 units cost

https://www.tarion.com/sites/default/files/2017-07/BB38-Low-Rise-Condominium-Inspection-Program.pdf OAA

Structural Engineer Total Tarion

$79,510.80 $1,293,102.70

$1.50 $24.36

$1.67 $27.01

0.32% 5.37%

Column 2 0.5% of construction cost

RAIC

0.32%

Group C 5.1% of total construction cost OAA Billboards located in places like the Ottawa International Airport, in Little Italy, and public Michael Ramey Marketing Developer for Mastercraft Starwood: Marketing Company for Soho Champaigne Column 2 0.5% of construction cost RAIC places i.e. transit advertisements Column 2 0.5% of construction cost RAIC

Mechanical Engineer

$79,510.80

$1.50

$1.67

0.32%

Column 2 0.5% of construction cost

RAIC

$1.67

0.32%

Column 2 0.5% of construction cost

RAIC

LEED Electrical Engineer

$0.42 $1.49

0.08% 0.30%

as quoted from Geoseismic Geotechnical & Environmental http://www.agentinottawa.com/blog/how-much-real-estate-commission-do-brokers-charge-in-ottawa.html

Charrette Geotechnical Engineer Energy Modelling

$15,902.16

$0.30

$0.33

0.06%

Assuming that they will provide full services in selling the residential and commercial units at 5%. 0.05*Total Revenue about 1/5 of structural engineer costs

as quoted by Joseph Ha from Joseph Ha Engineering Inc.

Civil Engineer Registration Fee

$0.28 $11.13

$0.31 $12.34

0.06% 2.45%

2.5% of sales price, assume 80% sold through a co-broker

as quoted by Lecture Amos Wong from Jeff Salmon, 8, slide 30TFAI

Lawyer Combined Certification Review: Design and Construction Project Manager

$1.67 $0.15 $0.42 $0.21 $0.33 $0.03 $0.31

0.32% 0.03% 0.08% 0.04% 0.06% 0.01% 0.06%

RAIC Jeff Salmon, Lecture 9, slide 13 as quoted from Geoseismic Geotechnical & Environmental see above as quoted by Joseph Ha from Joseph Ha Engineering Inc. https://new.usgbc.org/cert-guide/fees#bdc

$15,000.00 $590,632.00

$1.50 $0.13 $0.38 $0.19 $0.30 $0.03 $0.28

Column 2 0.5% of construction cost

$0.38 $1.34

$79,510.80 $7,000.00 $20,000.00 $10,000.00 $15,902.16 $1,500.00 $15,000.00

Comissioning Landscape Total LEEDArchitect

$3,628.96 $477,064.83 $21,234.80 $50,000.00 $43,363.76

$0.07 $8.99 $0.40 $0.94 $0.82

$0.08 $9.96 $0.44 $1.06 $0.91

0.02% 1.91% 0.09% 0.20% 0.18% 0.03%

see above

BuildingEXPENSES Envelope Consultant TOTAL

$45,000.00 $24,066,277.15

$0.85 $453.33

$0.94 $502.66

0.18% 100.00%

see above

Architect Billboard

$811,010.21

$15.28

$16.94

3.24%

Structural Engineer

$20,000.00 $79,510.80

$0.38 $1.50

$0.42 $1.67

0.08% 0.32%

Mechanical Engineer Brokerage Fees Electrical Engineer Sales Commissions - Broker Geotechnical Engineer

$79,510.80

$1.50

$1.67

$79,510.80

$1.50

$20,000.00 $71,363.20

Civil Engineer

Sales Commissions Residential - Co-brokerage Lawyer Legal Fees Project Manager

$477,064.83

$8.99

$9.96

1.91%

3% of construction fees maximum

http://ottawa.ca/calendar/ottawa/citycouncil/csedc/2012/10-02/07c%20-%20Project%20Management%20Agreement.pdf

Residential Units For Sale Landscape Architect

$36,000.00 $50,000.00

$0.68 $0.94

$0.75 $1.06

0.15% 0.20%

Assuming $600/unit 60 units

http://www.mackewlaw.com/ as quoted by Amos Wong from TFAI

Land Surveyor Commercial Units- For Sale Building Envelope Consultant

$7,000.00 $45,000.00 $45,000.00

$0.13 $0.85 $0.85

$0.15 $0.94 $0.94

Assuming $450/hr 100hrs

see above http://www.mackewlaw.com/ see above

Elevator Installation Consultant

$10,000.00

about 1/5 of structural engineer costs

Project gross floor area excluding parking):less than 250,000sq ft $ 0.068/m2 for nonfees member 3% of construction maximum $0.40/sqft

non member as quoted by Amos Wong from TFAI see above http://ottawa.ca/calendar/ottawa/citycouncil/csedc/2012/10-02/07c%20-%20Project%20Management%20Agreement.pdf see above as quoted by Amos Wong from TFAI

$0.19

$0.21

0.03% 0.19% 0.18% 6.45% 0.04%

0.04%

see above

Quantity Surveyor

$40,000.00

$0.75

$0.84

0.16%

see above

Quantity Surveyor

$40,000.00

$0.75

$0.84

0.16%

see above

Code Consultant Construction Contingency Disbursements

$10,000.00

$0.19

$0.21

0.04%

see above

Code Consultant

$10,000.00

$0.19

$0.21

0.04%

$43,487.74 $743,811.33 $86,975.48

$0.82 $14.01 $1.64

$0.91 $15.54 $1.82

0.17% 3.09% 0.35%

2.5% of total costs assume 5% ofsoft construction cost 5% of total soft costs

see above https://www.designingbuildings.co.uk/wiki/Home see above

Disbursements

$43,487.74

$0.82

$0.91

0.17%

2.5% of total soft costs

see above

$1.64

$1.82

0.35%

5% of total soft costs

see above

$35.23

$39.11

7.47%

$1,869,972.82

$35.23

$39.11

7.47%

$412,041.00

$7.76

$8.61

1.71%

Per Unit: Fridge, Washer, Dryer, Range, Range Hood, Dish Washer, Kitchen Sink, Faucet, Toilet, Washroom Sink, Bathtub 1 bedroom: $4040/unit 2 or 3 bedroom: $5231.00/unit (Energy Star and Low-flow fixtures were used)

Contingency Total Professional Design Fees

$86,975.48

$1,869,972.82

$21,086.77

$0.40

$0.44

0.08%

Total Marketing & Sales Commissions

Construction

Contingency Appliances Total Professional Design Fees Permits & Development Charges

$1,552,720.20

$29.25

$32.43

Site Plan Application

see above

Home Depot https://ottawa.ca/en/city-hall/planning-and-development/how-develop-property/development-application-review-process-24/development-application-fees Yardstick for Costing

$21,086.77 $429,140.48

$0.40 $8.08

$0.44 $8.96

0.08% 1.78%

$3,796,947.65

$71.52

$79.30

15.78%

Lower Floor $10.7/sqft UpperFloor: (CLT Panel $29.0/sqft;) Floor (CLT with concrete topping: $45.0/sqft) Stair $7870/flight @28flight

See Above

Exterior Enclosure

$2,823,325.88

$53.18

$58.97

11.73%

Below grade: $41.0/sqft Above Grade: $54.0/sqft Roof $37.12/sqft

See Above

Interior Partitions and Doors

$65,796.28

$1.24

$1.37

0.27%

$142.17/sqft @462.8sqft partition wall

See Above

Finishes

$1,090,517.90

$20.54

$22.78

4.53%

$13.24/sqft @82365.4sqft

See Above

Mechanical

$2,002,302.87

$37.72

$41.82

8.32%

$24.31/sqft @82365.4sqft

See Above

Electrical

$1,017,212.69

$19.16

$21.25

4.23%

$12.35/sqft @82365.4sqft

See Above

Fittings and Equipment

$1,272,545.43

$23.97

$26.58

5.29%

$15.45/sqft @82365.4sqft

See Above

Substructure Hard Costs Main Structure Hard Costs

$14.81/sqft @28976sqft

Land Surveyor

Elevator Installation Consultant

$7,000.00

$10,000.00

$0.13

$0.19

$0.15

$0.21

see above

Permits & Development Charges Site Plan Application

https://ottawa.ca/en/city-hall/planning-and-development/how-develop-property/development-application-review-process-24/development-application-fees

REVENUE SUMMARY UNIT MODELS

NUMBER

SQ FT.

TOTAL SQ FT

CRU UNITS & PARKING PRICE SHEET

AVERAGE PRICE/ TOTAL VALUE SQ FT

Total Revenues Average Unit Price Cheapest Unit Most Expensive Unit Average Price per sq. ft. Expenses Net Revenues Profit

RESIDENTIAL BACHELOR SUITE Model 1

431

1293

$546.67

$732,700.000

Model 2

441

882

$530.00

$485,100.000

Model 3

452

4068

$540.00

$2,278,080.000

Model 4

484

968

$550.00

$532,400.000

Model 5

517

$580.00

$299,860.000

1 BEDROOM SUITE Model 6

549

1647

$526.67

$867,420.000

Model 7

560

2240

$510.00

$1,142,400.000

Model 8

570

1710

$533.33

$912,000.000

Model 9

592

3552

$520.00

$1,847,040.000

Model 10

603

3015

$516.00

$1,555,740.000

Model 11

646

$540.00

$348,840.000

Model 12

700

$560.00

$392,000.000

Model 13

753

2259

$520.00

$1,174,680.000

Model 14

764

1528

$510.00

$779,280.000

2 BEDROOM SUITE Model 15

764

$580.00

$443,120.000

Model 16

871

$560.00

$487,760.000

Model 17

904

3616

$515.00

$1,862,240.000

Model 18

936

$560.00

$524,160.000

Model 19

947

1894

$550.00

$1,041,700.000

Model 20

1184

$520.00

$615,680.000

3 BEDROOM SUITE Model 21

980

$580.00

$568,400.000

Model 22

1130

$580.00

$655,400.000

Model 23

1238

3714

$520.00

$1,931,280.000

TOTAL RESIDENTIAL

40114

$21,477,280.000

COMMERCIAL CRU 1

3455

$680.00

$2,349,400.00

CRU 2

786

$680.00

$534,480.00

CRU 3

3230

$680.00

TOTAL COMMERCIAL

7471

$2,196,400.00 $5,080,280.00

PARKING

40000

$1,920,000.00

STORAGE LOCKERS

3500

$210,000.00

TOTAL REVENUE

$28,687,560.00

$28,687,560.00 $357,954.67 $238,140.00 $668,520.00 $537.00 $24,066,277.15 $28,687,560.00 $4,621,282.85

Unit Number

201 202 203 204 205 206 207 208 209 210 211 212 213 301 302 303 304 305 306 307 308 309 310 311 312 313 401 402 403 404 405 406 407 408 409 410 411 412 413 501 502

Unit Type

3 Bedroom 2 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 2 Bedroom 3 Bedroom 2 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 2 Bedroom 3 Bedroom 2 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom Bachelor Bachelor Bachelor Bachelor Bachelor 2 Bedroom 2 Bedroom 1 Bedroom

Area (m2)

115 84 55 55 56 70 71 56 53 52 52 51 84 115 84 55 55 56 70 71 56 53 52 52 51 110 115 84 55 55 56 60 70 45 42 42 42 41 88 87 51

Area (SF)

1238 904 592 592 603 753 764 603 570 560 560 549 904 1238 904 592 592 603 753 764 603 570 560 560 549 1184 1238 904 592 592 603 646 753 484 452 452 452 441 947 936 549

Base Price PSF

$500.00 $500.00 $500.00 $500.00 $500.00 $500.00 $500.00 $500.00 $500.00 $500.00 $500.00 $500.00 $500.00 $520.00 $520.00 $520.00 $520.00 $520.00 $520.00 $520.00 $520.00 $520.00 $520.00 $520.00 $520.00 $520.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $560.00 $560.00

Sale Price

$619,000.000 $452,000.000 $296,000.000 $296,000.000 $301,500.000 $376,500.000 $382,000.000 $301,500.000 $285,000.000 $280,000.000 $280,000.000 $274,500.000 $452,000.000 $643,760.000 $470,080.000 $307,840.000 $307,840.000 $313,560.000 $391,560.000 $397,280.000 $313,560.000 $296,400.000 $291,200.000 $291,200.000 $285,480.000 $615,680.000 $668,520.000 $488,160.000 $319,680.000 $319,680.000 $325,620.000 $348,840.000 $406,620.000 $261,360.000 $244,080.000 $244,080.000 $244,080.000 $238,140.000 $511,380.000 33 $524,160.000 $307,440.000

Parking

Storage Locker

$40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00

$3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00 $3,800.00

$40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00

$40,000.00 $40,000.00

Total

$662,800.00 $495,800.00 $339,800.00 $339,800.00 $345,300.00 $420,300.00 $425,800.00 $345,300.00 $328,800.00 $283,800.00 $283,800.00 $278,300.00 $495,800.00 $687,560.00 $513,880.00 $351,640.00 $351,640.00 $357,360.00 $435,360.00 $441,080.00 $357,360.00 $340,200.00 $335,000.00 $335,000.00 $289,280.00 $659,480.00 $712,320.00 $531,960.00 $363,480.00 $363,480.00 $369,420.00 $392,640.00 $450,420.00 $265,160.00 $247,880.00 $247,880.00 $247,880.00 $241,940.00 $555,180.00 $567,960.00 $311,240.00

Broker Commissions (2% of units)

$13,256.00 $9,916.00

$9,916.00 $13,751.20 $10,277.60

$14,246.40

Co-Brokerage Commissions (2.5% of 80% of units)

$16,570.00 $12,395.00 $8,495.00 $8,495.00 $8,632.50 $10,507.50 $10,645.00 $8,632.50 $8,220.00 $7,095.00 $7,095.00 $6,957.50 $12,395.00 $17,189.00 $12,847.00 $8,791.00 $8,791.00 $8,934.00 $10,884.00 $11,027.00 $8,934.00 $8,505.00 $8,375.00 $8,375.00 $7,232.00 $16,487.00 $17,808.00 $13,299.00 $9,087.00 $9,087.00 $9,235.50 $9,816.00 $11,260.50 $6,629.00 $6,197.00 $6,197.00 $6,197.00 $6,048.50 $13,879.50 $14,199.00 $7,781.00

313 401 402 403 404 405 406 407 408 409 410 411 412 413 501 502 503 504 505 506 507 508 509 510 511 512 601 602 603 604 605 606 607 608 609

2 Bedroom 3 Bedroom 2 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom Bachelor Bachelor Bachelor Bachelor Bachelor 2 Bedroom 2 Bedroom 1 Bedroom Bachelor Bachelor 1 Bedroom 2 Bedroom Bachelor Bachelor Bachelor Bachelor Bachelor 2 Bedroom 2 Bedroom 1 Bedroom Bachelor 3 Bedroom Bachelor Bachelor Bachelor Bachelor 3 Bedroom

110 115 84 55 55 56 60 70 45 42 42 42 41 88 87 51 40 40 65 81 45 42 42 42 41 88 71 53 48 105 42 42 42 40 91

1184 1238 904 592 592 603 646 753 484 452 452 452 441 947 936 549 431 431 700 871 484 452 452 452 441 947 764 570 517 1130 452 452 452 431 980

$520.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $540.00 $560.00 $560.00 $560.00 $560.00 $560.00 $560.00 $560.00 $560.00 $560.00 $560.00 $560.00 $560.00 $580.00 $580.00 $580.00 $580.00 $580.00 $580.00 $580.00 $580.00 $580.00

$615,680.000 $668,520.000 $488,160.000 $319,680.000 $319,680.000 $325,620.000 $348,840.000 $406,620.000 $261,360.000 $244,080.000 $244,080.000 $244,080.000 $238,140.000 $511,380.000 $524,160.000 $307,440.000 $241,360.000 $241,360.000 $392,000.000 $487,760.000 $271,040.000 $253,120.000 $253,120.000 $253,120.000 $246,960.000 $530,320.000 $443,120.000 $330,600.000 $299,860.000 $655,400.000 $262,160.000 $262,160.000 $262,160.000 $249,980.000 $568,400.000

$40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00

CRU UNITS & PARKING PRICE SHEET

TOTAL

3727.0

40114.0

$21,477,280.000

$40,000.00 $40,000.00

$40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00 $40,000.00

$1,920,000.00

$228,000.00

Expense Line Items in Pro forma

Total Revenues Average Unit Price Cheapest Unit Most Expensive Unit Average Price per sq. ft. Expenses Net Revenues Profit

$659,480.00 $712,320.00 $531,960.00 $363,480.00 $363,480.00 $369,420.00 $392,640.00 $450,420.00 $265,160.00 $247,880.00 $247,880.00 $247,880.00 $241,940.00 $555,180.00 $567,960.00 $311,240.00 $245,160.00 $245,160.00 $435,800.00 $531,560.00 $314,840.00 $296,920.00 $296,920.00 $296,920.00 $290,760.00 $574,120.00 $486,920.00 $374,400.00 $343,660.00 $699,200.00 $305,960.00 $305,960.00 $305,960.00 $293,780.00 $612,200.00

$23,625,280.00

$14,246.40

$71,363.20

$16,487.00 $17,808.00 $13,299.00 $9,087.00 $9,087.00 $9,235.50 $9,816.00 $11,260.50 $6,629.00 $6,197.00 $6,197.00 $6,197.00 $6,048.50 $13,879.50 $14,199.00 $7,781.00 $6,129.00 $6,129.00 $10,895.00 $13,289.00 $7,871.00 $7,423.00 $7,423.00 $7,423.00 $7,269.00 $14,353.00 $12,173.00 $9,360.00 $8,591.50 $17,480.00 $7,649.00 $7,649.00 $7,649.00 $7,344.50 $15,305.00

TARION ENROLLMENT BREAKDOWN

Price From $ 200,000

Price To $ 250,000

Unit Enrolment Fee

13% HST

Total

$570.00

$74.10

$644.10

$5,152.80

$ 250,000

$ 300,000

$640.00

$83.20

$723.20

$13,740.80

Fees

$ 300,000

$ 350,000

$710.00

$92.30

$802.30

$9,627.60

$ 350,000

$ 400,000

$780.00

$101.40

$881.40

$4,407.00

$ 400,000

$ 450,000

$850.00

$110.50

$960.50

$1,921.00

$ 450,000

$ 500,000

$920.00

$119.60

$1,039.60

$5,198.00

$ 500,000

$ 550,000

$1,000.00

$130.00

$1,130.00

$3,390.00

$ 550,000

$ 600,000

$1,050.00

$136.50

$1,186.50

$ 600,000

$ 650,000

$1,100.00

$143.00

$1,243.00

$3,729.00

$650,000

$700,000

$1,150.00

$149.50

$1,299.50

$2,599.00

$48,352.70

TOTAL

$590,632.00

$23,926,007.25

$28,687,560.00 $357,954.67 $238,140.00 $668,520.00 $537.00 $25,017,593.85 $28,687,560.00 $4,761,552.75

Count

CASH FLOW PROJECTIONS

CASH FLOW PROJECTIONS TOTAL PER CATEGORY

DESCRIPTION (EXPENSES) Developer's Investment Pre-Development Land Research & Assessment

CASH FLOW DESCRIPTION (EXPENSES)

CASH FLOW

$6,432,092.57 Developer's Investment

$6,432,092.57

Pre-Development -$5,892.31 Land Research & Assessment

-$5,892.31

Land Purchase

Land Purchase -$1,639,852.76

-$1,639,852.76

Design & Planning

Permit & Development Charges

Permit & Development -$258,284.98 Charges -$258,284.98

-$258,284.98

-$258,284.98 -$258,284.98

Begin Paying Professional Fees

Begin Paying Professional -$83,814.07Fees -$83,814.07

-$83,814.07

-$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07 -$83,814.07

Pay Consultant Fees

Pay Consultant-$58,500.00 Fees

LEED

Marketing & Sales

Marketing Materials

Marketing Materials -$50,800.00

Professional Branding Package

Professional Branding -$3,060.00 Package -$3,060.00

Sales Office Initial Set Up

Sales Office Initial -$200,000.00 Set Up

Sale Office Lease

Sale Office Lease -$7,578.95

-$7,578.95

-$7,578.95 -$7,578.95-$7,578.95 -$7,578.95-$7,578.95 -$7,578.95-$7,578.95 -$7,578.95-$7,578.95 -$7,578.95-$7,578.95 -$7,578.95-$7,578.95 -$7,578.95 -$7,578.95 -$7,578.95 -$7,578.95 -$7,578.95 -$7,578.95 -$7,578.95 -$7,578.95 -$7,578.95-$7,578.95 -$7,578.95-$7,578.95 -$7,578.95-$7,578.95 -$7,578.95-$7,578.95 -$7,578.95-$7,578.95 -$7,578.95

-$7,578.95

Sale Office Staff Salary

Sale Office Staff-$13,157.89 Salary

-$13,157.89

-$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89 -$13,157.89

-$13,157.89

Advertising Costs

-$14,962.50

-$14,962.50 -$14,962.50 -$14,962.50 -$14,962.50 -$7,481.25 -$14,962.50 -$7,481.25 -$14,962.50 -$7,481.25 -$14,962.50 -$7,481.25 -$7,481.25 -$7,481.25 -$7,481.25 -$7,481.25 -$7,481.25 -$2,992.50 -$7,481.25 -$1,496.25 -$7,481.25-$1,496.25 -$7,481.25-$1,496.25 -$2,992.50-$1,496.25 -$1,496.25-$1,496.25 -$1,496.25-$1,496.25 -$1,496.25-$1,496.25 -$1,496.25-$1,496.25 -$1,496.25

Sales Commissions - Broker

Sales Commissions Residential - Co-brokerage

Sales Commissions Residential --$29,531.60 Co-brokerage

-$29,531.60

-$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60 -$29,531.60

Legal Fees

-$4,050.00

-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00 -$4,050.00 -$4,050.00 -$4,050.00 -$4,050.00 -$4,050.00 -$4,050.00 -$4,050.00 -$4,050.00-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00-$4,050.00 -$4,050.00

50% Presales Deposits

Next 80% Presales Deposits

Next 100% Presales Deposits

Final Payment For Residential Units

Downpayment for 50% Commercial Units

Remaining Payment for Commercial Units

Parking Spaces/ Storage Unit Lease

Begin Construction

Demolition of Existing Buildings

Sub-grade Construction

Above Grade Construction

Building Envelope Construction (Exterior Enclosure)

Electrical, Mechanical, & Plumbing, Elevator Installation

Interior Partitions & Doors

Finishes

Installation of Appliances

Landscaping

Construction Contingency

Remaining Construction Fees

Tarion Fee

Financial - Commitment Fee

-$132,256.38

Financing - Legal Fees

-$35,000.00

Pay Bank Loan

Pay Bank Loan - Interest

Equity Sources

Receive 16% Draw from Bank

Receive 40% Draw from Bank

Recieve 70% Draw from Bank

Recieve 100% Draw from Bank

-$58,500.00

$8,500.00

-$58,500.00 -$10,000.00

-$258,284.98

-$5,892.31

-$5,892.31 -$1,639,852.76

-$1,033,139.91

-$258,284.98

-$58,500.00

$8,500.00

-$3,628.96 -$10,000.00

-$3,628.96

-$1,760,095.57 -$83,814.07 -$83,814.07 -$117,000.00 -$43,363.76

-$21,234.80

-$3,060.00

$505,347.76

-$35,681.60

$505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $505,347.76 $429,545.60

$429,545.60

$429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60

$429,545.60

$429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $429,545.60 $1,073,864.00

$2,540,140.00 $426,000.00

$426,000.00 $426,000.00

$1,073,864.00

$1,073,864.00 $1,073,864.00

-$214,570.24 -$949,236.91

-$949,236.91

-$949,236.91 -$949,236.91

-$941,108.63

-$949,236.91

-$1,620,020.33

-$949,236.91

-$941,108.63

-$1,620,020.33

-$32,898.14 -$545,258.95

-$1,620,020.33 -$32,898.14

-$545,258.95 -$412,041.00

-$32,898.14 -$545,258.95

-$148,723.40 -$67,619.21

-$67,619.21

-$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$67,619.21 -$414,915.70 -$323,275.68

-$414,915.70 -$323,275.68

-$414,915.70

-$414,915.70 -$414,915.70

-$323,275.68 -$323,275.68

-$67,619.21

-$414,915.70

-$323,275.68 -$323,275.68

-$149,625.00 -$1,496.25 -$1,496.25 -$71,363.20 -$35,681.60 -$590,632.00 -$29,531.60 -$29,531.60 -$81,000.00 -$4,050.00 -$4,050.00

$8,590,912.00 $505,347.76 $505,347.76 $5,154,547.20 $429,545.60 $429,545.60

$3,436,364.80 $429,545.60 $429,545.60 $4,295,456.00 $1,073,864.00 $1,073,864.00 $2,540,140.00

-$23,431.93

$2,130,000.00

-$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93 -$23,431.93

$4,232,204.30

$505,347.76 $429,545.60 $429,545.60 $1,073,864.00

$426,000.00

-$2,823,325.88

-$4,860,060.99

-$65,796.28

-$1,090,517.90 -$545,258.95 -$412,041.00 -$412,041.00

-$1,090,517.90 -$412,041.00

-$148,723.40 -$148,723.40 -$743,811.33 -$67,619.21 -$1,659,662.81 -$414,915.70 -$1,293,102.70 -$323,275.68 -$132,256.38 -$17,634,184.57 -$421,774.66 -$23,431.93 -$23,431.93

-$148,723.40 -$743,811.33 -$1,659,662.81 -$323,275.68

-$424,439.99 -$5,892.31$2,216,341.23 -$2,306,548.65 $3,291,900.82 -$472,939.99 $325,191.87 -$424,439.99 $336,302.07 $2,216,341.23 $336,302.07 $3,291,900.82 $692,631.67 $325,191.87 $483,658.22 $336,302.07 $483,658.22 $336,302.07 -$251,008.45 $692,631.67 $4,411,684.59 $483,658.22 $1,783,553.52 $483,658.22 -$2,699,882.48 -$251,008.45 $3,447,969.77 $4,411,684.59 -$831,350.79 $1,783,553.52 $1,214,550.27 -$2,699,882.48 $5,802,387.11 $3,447,969.77 $2,111,574.11 -$831,350.79 -$15,292,397.53 $1,214,550.27 MARCHDEC 4 1

JULY 20

MARCHDEC 16 13

APRIL JAN 17 14

MAY 18

FEB 15

JUNE MARCH JULY APRIL 19 16 20 17

AUG 21

-$23,431.93

MAY 18

SEPT JUNE 22 19

-$17,634,184.57 -$421,774.66 $2,821,469.53

FEB 3

NOV 12

-$35,000.00 -$17,634,184.57

$4,232,204.30

-$472,939.99

FEB 15

-$132,256.38

$2,821,469.53

JAN 2

JAN OCT 14 11

-$1,293,102.70

$4,232,204.30

-$2,306,548.65

DECSEPT 13 10

$2,130,000.00

-$3,796,947.65

DEC MONTH 1

NOVAUG 12 9

$2,540,140.00

-$2,823,325.88

-$5,892.31 BALANCE

JULY 8

$4,295,456.00

-$3,796,947.65

MONTH

OCT 11

$3,436,364.80

-$2,051.19

BALANCE

SEPT JUNE 10 7

$5,154,547.20

-$429,140.48

$5,290,255.37 $5,290,255.37 $4,621,282.85 $5,802,387.11 $2,111,574.11

MAY 6

-$81,000.00 $8,590,912.00

$2,540,140.00

$5,290,255.37

$5,290,255.37 $5,290,255.37

AUG 9

-$4,050.00

-$71,363.20 -$590,632.00

-$2,051.19

$4,232,204.30 $5,290,255.37

JUNE MARCH JULY APRIL 7 4 8 5

-$35,681.60 -$29,531.60

-$149,625.00

-$429,140.48

$2,821,469.53

FEB 3

-$250,000.00 -$1,496.25

-$35,000.00 -$17,634,184.57

$2,821,469.53

-$144,000.00

$426,000.00 $426,000.00

-$214,570.24

-$32,898.14

-$23,431.93

-$144,000.00 -$7,578.95 -$250,000.00 -$13,157.89

$2,540,140.00

$426,000.00 $426,000.00

-$214,570.24

-$50,800.00 -$15,300.00

-$2,051.19 -$214,570.24

-$43,363.76

-$117,000.00

-$200,000.00

$2,540,140.00

$426,000.00 $426,000.00

-$2,051.19

MAY 6

-$21,234.80

-$200,000.00

$2,540,140.00 $2,540,140.00

APRIL JAN 5 2

-$1,760,095.57

-$15,300.00

-$3,060.00

-$35,681.60

-$23,431.93

-$1,033,139.91 -$83,814.07

-$50,800.00

-$3,060.00 -$3,060.00-$3,060.00 -$3,060.00 -$200,000.00

-$4,050.00

$6,432,092.57

-$1,639,852.76

-$50,800.00 -$3,060.00

TOTAL PER CATEGORY

AUG 21

$5,290,255.37 $5,290,255.37 -$15,292,397.53 SEPT 22

$4,621,282.85

PROJECT TIMELINE/SCHEDULE 2017

2018

Dec

Jan

PROJECT TIMELINE/SCHEDULE 2019

Feb

March

April

May

June

July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Market Analysis Predevelopment

Site Selection Secure Land Due Diligence Site Analysis Schematic Design Permit & Construction Drawing Marketing Contract Document Development

Site Preparation & Demolistion Sub-grade Construction Above grade Construction Building Envelope Electrical Mechanical & Plumbing Interior Partition

Close out

Finishes Landscaping Construction close out & Inspection Tenant Move In

March

April

May

June

July

Aug

Sept

GO / NO-GO CRITERIA

APPENDIX A FINANCING SUMMARY TOTAL EXPENSES

GO! ENOUGH FUNDING?

$24,066,277.15

FINANCING PACKAGE Bank Loan @ 3% interest rate

$17,634,184.58

Equity Investment

$6,432,092.57

Total Financing

$24,066,277.15

SOURCE OF EQUITY

LOAN INTERST UNDER 12%? SATISFACTORY BIDS?

Developer

$6,432,092.57

Total Equity Investment

$6,432,092.57

INTEREST

80% PRESALE?

Bank Loan @ 3% interest rate for 18 month term

$421,774.66

Total Interest Paid

$421,774.66

MINOR ZONING VARIANCE? SITE PLAN CONTROL? SITE CONDITIONS? 20% CASH ON CASH RETURN

NO GO!

DEVELOPMENT DEMAND?

APPENDIX A

T Y P I C A L B- MARKET 1 B E D R ODRAWING OM SUITE APPENDIX

LOAN AMORTIZATION

Scale: 1:50 2 Scale Area: 56m1:50 (602 sqft) 2 Area 56m (602 sqft) Unit type: 1 Bedroom

Loan Summary Number of Payments: Periodic Payment: 1st Payment Due: Last Payment Due: Total All Payments:

$17,634,184.58 3.0000% 03/01/2018 Monthly $421,774.66

WELLINGTON STREET WEST

18 $1,003,108.85 04/01/2018 09/01/2019 $18,055,959.24

Loan Amount: Annual Interest Rate: Loan Date: Payment Frequency: Total Interest Due:

Payment Schedule Date

Loan: 1:1 2:1 3:1 4:1 5:1 6:1 7:1 8:1 9:1

03/01/2018 04/01/2018 05/01/2018 06/01/2018 07/01/2018 08/01/2018 09/01/2018 10/01/2018 11/01/2018 12/01/2018

10:1 11:1 12:1 13:2 14:2 15:2 16:2 17:2 18:2

01/01/2019 02/01/2019 03/01/2019 04/01/2019 05/01/2019 06/01/2019 07/01/2019 08/01/2019 09/01/2019

Payment

Interest

Principal

Balance

0.00 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85

0.00 44,085.46 41,687.90 39,284.35 36,874.79 34,459.20 32,037.58 29,609.90 27,176.15 24,736.32

0.00 959,023.39 961,420.95 963,824.50 966,234.06 968,649.65 971,071.27 973,498.95 975,932.70 978,372.53

17,634,184.58 16,675,161.19 15,713,740.24 14,749,915.74 13,783,681.68 12,815,032.03 11,843,960.76 10,870,461.81 9,894,529.11 8,916,156.58

1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.85 1,003,108.79

22,290.39 19,838.35 17,380.17 14,915.85 12,445.36 9,968.71 7,485.86 4,996.80 2,501.52

980,818.46 983,270.50 985,728.68 988,193.00 990,663.49 993,140.14 995,622.99 998,112.05 1,000,607.27

7,935,338.12 6,952,067.62 5,966,338.94 4,978,145.94 3,987,482.45 2,994,342.31 1,998,719.32 1,000,607.27 0.00

BEDROOM 11' - 6" x 11' - 5"

KITCHEN & DINING 17' - 9 1/2" x 11' - 7"

BALCONY 20'- 8" x 6'- 6"

D W

BATHROOM

STUDY

LIVING ROOM

6' - 0" x 9' - 1"

15' - 3 1/2" x 8' - 8 1/2"

8' - 0 1/2" x 5' - 6"

Last payment decreased by $0.06 due to rounding

Calculation method: Normal, 360 days per year financial-calculators.com

1 BEDROOM SUITE

#/Year

APPENDIX B FINISH SCHEDULE Tier 1 APPENDIX B - FINISH SCHEDULE FOR 3 TIERS OF FINISHES - TIER 1 FINISH (Tier 1) QTY

PRODUCT

NAME

PHOTO

8830-58 Profile Kitchen Countertop in Kitchen Counter Elemental Concrete 1 Top Bathroom Floor 44 Tiles Bathroom Wall 100 Tiles

Living, Kitchen, Bedroom, 669 Flooring APPLIANCE (Tier 1) QTY PRODUCT

1 Fridge

1 Stove Range

1 Dishwasher

1 Range Hood

12x24 Fragment Graphite Porcelain 12 mm + Pad Farmstead Hickory Laminate Flooring (14 sq. ft. / case)

18.7 cu. ft. Refrigerator with Bottom Mount Freezer Drawer in Stainless Steel 30 Inch White Free Standing Electric Standard Clean Ran 24" Top Control Built-In Tall Tub Dishwasher in White with Stainless Steel Tub and Steam Cleaning, 46 dBA 30 Inch Range Hood with dishwasher-safe full-width grease filters

PHOTO

6867.35

SCHEDULE

Enigma

# 12-365

12X12

Graphite Procelain $2.98 / sq. ft

Enigma

# 12-365

12X12

Graphite Procelain $2.98 / sq. ft

SOURCE https://www.homedepot.ca/ en/home/p.8830-58-profile2300-25-12-inch-x-72-inchkitchen-countertop-inelemental$104 concrete.1000788699.html https://www.homedepot.ca/ en/home/p.12x24-fragmentgraphite$131.12 porcelain.1000777526.html https://www.homedepot.ca/ en/home/p.12x24-fragmentgraphite$298 porcelain.1000777526.html https://www.homedepot.ca/ en/home/p.12-mm--padfarmstead-hickorylaminate-flooring-14-sq--ft-$849.63 case.1000802752.html

Belanger Laminates Inc

12x24 Fragment Graphite Porcelain

NAME

MANUFACTURER

APPENDIX B FINISH SCHEDULE Tier 1

MODEL NO.

DIMENSIONS

# 1152349069 1/2x72

COLOUR/FINISH

Elemental Concrete

PRICE

$104/each

TrafficMASTER

# 36788200241

47.52x6

Laminated wood

$1.27 / sq. ft.

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOUR/FINISH

PRICE

Whirlpool

# WRB329LFBM 33.38x67x29.75 Stainless Steel

# JCBS630DKW 24.72x44.72x26 W .84 Stainless Steel

Whirlpool

# GDWF400VW W 24x34.5x23.5

# WVU37UC0F S

Energy Star Stainless Steel

21.21x4.84x29. Energy Star 94 Stainless Steel

PRICE/UNIT

$598.00/each

SOURCE https://www.homedepot.ca/ en/home/p.187-cu-ftrefrigerator-with-bottommount-freezer-drawer-instainless$1,098 steel.1000802600.html https://www.homedepot.ca/ en/home/p.30-inch-whitefree-standing-electricstandard-clean$598 ran.1001062762.html

$448.00/each

https://www.homedepot.ca/ en/home/p.24-top-controlbuilt-in-tall-tub-dishwasherin-white-with-stainlesssteel-tub-and-steamcleaning-46$448 dba.1000739841.html

$1098.00/each

$218.00 / each

PRICE/UNIT

https://www.homedepot.ca/ en/home/p.30-inch-rangehood-with-dishwasher-safefull-width-grease$218 filters.1001057010.html

8.4 cu. ft. Electric Combination Washer - Dryer Combined 1 Washer & Dryer in White FURNISHING (Tier 1) QTY PRODUCT NAME

1 Base Cabinet

Wall Cabinet PLUMBING (Tier 1) QTY PRODUCT

1 Toilet

1 Sink

1 Bathtub

1 Shower Head

1 Kitchen Faucet 1 Kitchen Sink ACCESSORIES (Tier 1) QTY PRODUCT

PHOTO

Whirlpool

# YWET4027E W

32x71.75x27.25 Stainless Steel

$1598.00/each

MANUFACTURER

MODEL NO.

DIMENSIONS

PRICE

COLOUR/FINISH

https://www.bathdepot.ca/k $159.00 ui-w2430-2-12.html

# TLB24-BLSD 34.5x24x24

KUI-W2430-2-12

KUIZEN

KUI-W2430-212 24x13.5x30

Dark Brown Thermoplastic (MDF)

$159.00/ each

NAME PHOTO Cadet 3 2-Piece 4.8 LPF Single Flush Elongated Bowl Toilet in White

MANUFACTURER

MODEL NO.

COLOUR/FINISH

PRICE

American Standard

30.25x30.75x15 Eco Option # 2621101.020 .75 Procelain

$248.00 / each

GLACIER BAY

# 13-0012-4W- 17.13x7.25x20. GB 25 Procelain

$32.98 / each

American Standard

# 0319LH.020 60x15.75x30

Procelain

$199.00/each

Moen

# 26000

CSA Certified Stainless Steel

$68.98/each

Oval Drop-In Bathroom Sink in White Cadet 5 Feet Enamel Steel Bathtub with Left-Hand Outlet in White Attract 4-inch 6Function Hand Shower with Magnetix Docking System in Chrome Banbury 1 Handle Kitchen Faucet with Matching Pullout Wand - Glacier Finish

Moen

# 87017W

9.63x9.94

Single Bowl Sinks

Kindred

# 31206152

15.44x6

MANUFACTURER

MODEL NO.

DIMENSIONS

NAME

PHOTO

5.5x10

Eco OptionStainless Steel

SOURCE

$169.00/ each

EBSU

DIMENSIONS

PRICE/UNIT

https://www.rona.ca/en/sandiego-2-door-lower-cabinet$169.00 75396232

White Thermoplastic (MDF)

2-Door Lower Kitchen Cabinet - White

https://www.homedepot.ca/ en/home/p.84-cu-ft-electriccombination-washer--dryer-in$1,598 white.1000830141.html

PRICE/UNIT

$248

32.98

199

$68.98

$139.00/each

$139

Stainless Steel

$122.00/each

$122

COLOUR/FINISH

PRICE

PRICE/UNIT

SOURCE https://www.homedepot.ca/ en/home/p.cadet-3-2-piece48-lpf-single-flushelongated-bowl-toilet-inwhite.1000712406.html https://www.homedepot.ca/ en/home/p.oval-drop-inbathroom-sink-inwhite.1000671624.html https://www.homedepot.ca/ en/home/p.cadet-5-feetenamel-steel-bathtub-withleft-hand-outlet-inwhite.1000135830.html https://www.homedepot.ca/ en/home/p.attract-4-inch-6function-hand-shower-withmagnetix-docking-systeminchrome.1000845622.html https://www.homedepot.ca/ en/home/p.banbury-1handle-kitchen-faucet-withmatching-pullout-wand--glacierfinish.1000427259.html https://www.homedepot.ca/ en/home/p.single-bowlsinks.1000811066.html SOURCE

APPENDIX B FINISH SCHEDULE Tier 2 Toilet Paper 1 Holder

Eclipse Tp Holder Chrm Brushed

1 Shower Rod

1 Towel Bar 1 Mirror LIGHTING FIXTURES (Tier 1) QTY PRODUCT

2 Bathroom Light

4 Ceiling Light

APPENDIX B FINISH SCHEDULE Tier 2

Loft

# 022852-158M10 9x2.75

Stainless Steel

$9.00/each

Builder Rod Chrome

Zenith Products

# 641S

1.25x66.25

Stainless Steel

$15.98/each

$15.98

Porcelana 24 Inch. Towel Bar Only Clear

Moen

# 9224CLR

27x1

Acrylic

$11.98/each

$11.98

$79.96 / each

Century Mirror

Tangerine Mirror Co # SR110107

2x29

glass

NAME PHOTO 4 Inch LED Recessed/Surfac e White Disk Light 4 Inch LED Recessed/Surfac e White Disk Light

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOUR/FINISH

PRICE

Halo

# SLD405830W HC 5.75x1x5.75

Energy Star LED

$44.97 / each

Halo

# SLD405830W HC 5.75x1x5.75

Energy Star LED

$44.97 / each

$79.86

https://www.homedepot.ca/ en/home/p.eclipse-tpholder-chrmbrushed.1000844048.html https://www.homedepot.ca/ en/home/p.builder-rod--chrome.1000163403.html https://www.homedepot.ca/ en/home/p.porcelana-24inch-towel-bar-onlyclear.1000812792.html https://www.homedepot.ca/ en/home/p.centurymirror.1000661340.html

Living, Kitchen, Bedroom, 669 Flooring APPLIANCE (Tier 2) QTY PRODUCT

1 Fridge

PRICE/UNIT

SOURCE https://www.homedepot.ca/ en/home/p.4-inch-ledrecessedsurface-white$89.94 disk-light.1000764637.html https://www.homedepot.ca/ en/home/p.4-inch-ledrecessedsurface-white$179.88 disk-light.1000764637.html

1 Stove Range

Dishwasher

TOTAL FINISH COST = $6867.35 APPENDIX B - FINISH SCHEDULE FOR 3 TIERS OF FINISHES - TIER 2 FINISH (Tier 2) QTY

PRODUCT

NAME

P-379CA Profile 2300 25 Kitchen Kitchen Counter Countertop in Safari Stone 1 Top

Bathroom Floor 44 Tiles

12-inch x 12-inch x 6 mm Ceramic Octagon/Dot Mosaic Tile in Matte White (10 sq. ft. / case)

Bathroom Wall 100 Tiles

12-inch x 12-inch x 6 mm Ceramic Octagon/Dot Mosaic Tile in Matte White (10 sq. ft. / case)

PHOTO

MANUFACTURER

SCHEDULE MODEL NO.

Belanger Laminates Inc #1152349069

Daltile

DIMENSIONS inches

1/2-inch x 72inch

# 65012OCT01C C1P2 12x12

8138.7 COLOUR/FINISH

Safari Stone

Mosaic Tile

PRICE

$104/each

PRICE/UNIT

SOURCE https://www.homedepot.ca/ en/home/p.7732-46-profile2300-25-12-inch-x-72-inchkitchen-countertop-inbutterum$104 granite.1000169641.html

$4.84 / sq. ft.

https://www.homedepot.ca/ en/home/p.12-inch-x-12inch-x-6-mm-ceramicoctagondot-mosaic-tile-inmatte-white-10-sq-ft-$212.96 case.1001021393.html

$4.84 / sq. ft.

https://www.homedepot.ca/ en/home/p.12-inch-x-12inch-x-6-mm-ceramicoctagondot-mosaic-tile-inmatte-white-10-sq-ft-$484 case.1001021393.html

10mm Thick x 6inch W Laminate Flooring in Hickory Dark Grey NAME PHOTO 21.6 cu. ft. French Door Refrigerator in Black 30-inch 5 cu. ft. Free-Standing Gas Range with Steam Clean Convection in Stainless Steel Gallery 24-inch Built-In Dishwasher with Plastic Tub in White

30 Inch Stainless Steel Range Hood Range Hood 8.4 cu. ft. Electric Combination Washer - Dryer Combined Washer & Dryer in White FURNISHING (Tier 2) QTY PRODUCT NAME PHOTO

Base Cabinet

Wall Cabinet PLUMBING (Tier 2) QTY PRODUCT

Toilet

San Diego 2Door Kitchen Cabinet - 30" White

30-inch Twodoor wall cabinet NAME Cadet 3 2-Piece 6.0 LPF Dual Flush Elongated Bowl Toilet

PHOTO

https://www.homedepot.ca/ en/home/p.10mm-thick-x-6inch-w-laminate-flooring-inhickory-dark$863.01 grey.1001042194.html

TrafficMASTER

# 44828

51x6.26

Laminated wood

$1.29 / sq. ft.

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOUR/FINISH

PRICE

Samsung

# RF220NCTAB C 21.6 cu. ft.

Black Stainless Steel

$1298.00/each

# JCGB720SEJ SS 26.25x47.5x30

Stainless Steel

$798.00/each

$798

Frigidaire Gallery

# FGID2466QW 25X33.5X24

Energy Stainless Steel

$578.00 / each

$578

GE Profile

# PVX7300SJSS C 20X5.5X30

Energy Stainless Steel

$388.00 / each

$388

Whirlpool

# YWET4027E W

32x71.75x27.25 Stainless Steel

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOUR/FINISH

$1,598.00 / each PRICE

$1,598 PRICE/UNIT

SOURCE

$179 / each

https://www.bathdepot.ca/k $199 ui-w3030-2-21.html

EBSU

#TLB30-BLSD 30x24x34.5

KUIZEN

KUI-W3030-221 30x13.5x30

White Thermoplastic (MDF)

$199 / each

MANUFACTURER

MODEL NO.

COLOUR/FINISH

PRICE

American Standard

# 3380516ST.02 Eco Option 0 29.75x31x15.75 Procelain

$1,298

SOURCE https://www.homedepot.ca/ en/home/p.216-cu-ftfrench-door-refrigerator-inblack.1000652735.html https://www.homedepot.ca/ en/home/p.30-inch-5-cu-ftfree-standing-gas-rangewith-steam-cleanconvection-in-stainlesssteel.1000845227.html https://www.homedepot.ca/ en/home/p.gallery-24-inchbuilt-in-dishwasher-withplastic-tub-inwhite.1000798611.html https://www.homedepot.ca/ en/home/p.30-inchstainless-steel-rangehood.1001057792.html https://www.homedepot.ca/ en/home/p.84-cu-ft-electriccombination-washer--dryer-inwhite.1000830141.html

https://www.rona.ca/en/sandiego-2-door-lower-cabinet$179 75396233

White Thermoplastic (MDF)

DIMENSIONS

PRICE/UNIT

$268.00/each

PRICE/UNIT

SOURCE https://www.homedepot.ca/ en/home/p.cadet-3-2-piece60-lpf-dual-flush-elongatedbowl$268 toilet.1000719868.html

APPENDIX B FINISH SCHEDULE TIER 2 Sink

Bathtub

Shower Head

Kitchen Faucet

Kitchen Sink ACCESSORIES (Tier 2) QTY PRODUCT Toilet Paper Holder

Colony 4-inch Countertop Sink Basin Avenue 60-inch Alcove Bathtub with Right-Hand Drain Refresh Rainshower with InvigoRain/Imme rsion and 7Function Hand Shower in Chrome

Shower Rod

Zen Toilet Paper Holder Nickel Zenna Home NeverRust 51"86" Alum. Adjustable Tension Mount Shower Rod in Satin Nickel

Towel Bar

Mirror LIGHTING FIXTURES (Tier 2) QTY PRODUCT

2 Bathroom Light

# 346403.02

MAAX

# 105927-000002-002 31x21.25x59.88 Procelain

Moen

Banbury SingleHandle Kitchen Faucet with Matching Pullout Wand in Chrome Homestyle 1.0 Topmount Stainless Steel Sink NAME

American Standard

Moen

PHOTO

# 25510

17.5x7.5x20.5

5x14

# 87017

9.63x9.94

Procelain

Stainless Steel Eco OptionStainless Steel

APPENDIX B FINISH SCHEDULE TIER 3

$299.00/each

https://www.homedepot.ca/ en/home/p.colony-4-inchcountertop-sink$69.98 basin.1000469250.html https://www.homedepot.ca/ en/home/p.avenue-60-inchalcove-bathtub-with-righthand$299 drain.1000744545.html

$99.98/each

https://www.homedepot.ca/ en/home/p.refreshrainshower-withinvigorainimmersion-and-7function-hand-shower-in$99.98 chrome.1000797456.html

$69.98/each

$159.00/each

Blanco

# 401199

21x8

Stainless Steel

$224.00/eacj

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOUR/FINISH

PRICE

Loft

# 022963-410M10 8.75x3.25

# 886ALBN

Zen 18 Inch Towel Bar Nickel

Loft

# 022968-410M10 22.25x4.15

24 Inch FlatFramed Mirror, Fog-Free

Home Decorators Collection

# 83002

35.35x0.75x24

Glass

$94.95/each

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOUR/FINISH

PRICE

Halo

# SLD606830W HC 7.75x1x7.75

Stainless Steel

$9.5/each

Zenith

NAME PHOTO 6 Inch LED Recessed/Surfac e White Disk Light

1.38x1.38x86

Nickel

Energy Star LED

$25.98/each

$16.50/each

$44.97/each

https://www.homedepot.ca/ en/home/p.banbury-singlehandle-kitchen-faucet-withmatching-pullout-wand-in$159 chrome.1000105954.html https://www.homedepot.ca/ en/home/p.homestyle-10topmount-stainless-steel$224 sink.1000461651.html PRICE/UNIT

SOURCE https://www.homedepot.ca/ en/home/p.zen-toilet-paperholder$9.50 nickel.1000844058.html

https://www.homedepot.ca/ en/home/p.zenna-homeneverrust-51-86-alumadjustable-tension-mountshower-rod-in-satin$25.98 nickel.1000856527.html https://www.homedepot.ca/ en/home/p.zen-18-inchtowel-bar$16.50 nickel.1000844055.html https://www.homedepot.ca/ en/home/p.24-inch-flatframed-mirror-fog$94.95 free.1000841228.html SOURCE https://www.homedepot.ca/ en/home/p.6-inch-ledrecessedsurface-white$89.94 disk-light.1000762252.html

4 Ceiling Light

6 Inch LED Recessed/Surfac e White Disk Light

Halo

# SLD606830W HC 7.75x1x7.75

Energy Star LEDD

$44.97/each

https://www.homedepot.ca/ en/home/p.6-inch-ledrecessedsurface-white$179.88 disk-light.1000762252.html

TOTAL FINISH COST = $8138.7 APPENDIX B - FINISH SCHEDULE FOR 3 TIERS OF FINISHES - TIER 3 FINISH (Tier 3) QTY

PRODUCT

NAME

PHOTO

7732-46 Profile 2300 25 Kitchen Kitchen Counter Countertop in Butterum Granite 1 Top Bellview 12-inch x 12-inch x 8 mm Ceramic Bathroom Floor Mosaic Tile in Sea Cliff 44 Tiles Bellview 12-inch x 12-inch x 8 mm Ceramic Bathroom Wall Mosaic Tile in Sea Cliff 100 Tiles Living, Kitchen, Bedroom, 669 Flooring APPLIANCE (Tier 3) QTY PRODUCT

1 Fridge

1 Stove Range

PRICE/UNIT

1 Dishwasher

22 cu. ft. French Door Refrigerator with Water Dispenser in Stainless Steel 5.8 cu. ft. SlideIn Gas Range with True Convection in Stainless Steel 24" Top Control Built-In Tall Tub Dishwasher in Slate with Steam Cleaning, 48 dBA

MODEL NO.

PHOTO

1198

DIMENSIONS

COLOUR/FINISH

PRICE

1/2-inch x 72inch

Butterum Granite

$125/each

Daltile

# BL0524HDMS 1L 12x12

Ceramic

$7.87/SQST

Daltile

# BL0524HDMS 1L 12x12

Ceramic

$7.87/SQST

Power Dekor

# 1L15X160/800 3CC 47.76x6.3

Oak Laminated Wood

$2.35 / sq. ft.

SOURCE https://www.homedepot.ca/ en/home/p.7732-46-profile2300-25-12-inch-x-72-inchkitchen-countertop-inbutterumgranite.1000169641.html $125/unit https://www.homedepot.ca/ en/home/p.bellview-12inch-x-12-inch-x-8-mmceramic-mosaic-tile-in-sea$346.28 cliff.1000669693.html https://www.homedepot.ca/ en/home/p.bellview-12inch-x-12-inch-x-8-mmceramic-mosaic-tile-in-sea$787 cliff.1000669693.html https://www.homedepot.ca/ en/home/p.15mm-palmettooak-laminate-flooring-1255sq-ft-$1,572.75 case.1001031778.html

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOUR/FINISH

PRICE

PRICE/UNIT

# LFD22786ST

22 cu. ft

Stainless Steel

$1498.00/each

Samsung

Model # NX58H9500W S 5.8 cu. ft

Stainless Steel

$1798.00/each

Energy Star # Black Stainless PDT660SGFB B 24x33.45x23.75 Steel

$698.00 / each

Belanger Laminates Inc # 15230623

15mm Palmetto Oak Laminate Flooring (12.55 sq. ft. / case) NAME

MANUFACTURER

SCHEDULE

PRICE/UNIT

SOURCE https://www.homedepot.ca/ en/home/p.22-cu-ft-frenchdoor-refrigerator-withwater-dispenser-instainless$1,498 steel.1000795118.html https://www.homedepot.ca/ en/home/p.58-cu-ft-slide-ingas-range-with-trueconvection-in-stainless$1,798 steel.1000807595.html https://www.homedepot.ca/ en/home/p.24-top-controlbuilt-in-tall-tub-dishwasherin-slate-with-steamcleaning-48$698 dba.1000821040.html

APPENDIX B FINISH SCHEDULE TIER 3

Range Hood

30-inch, 500 CFM Canopy Wall-Mount Range Hood in Stainless Steel with Halogen Lighting

8.4 cu. ft. Gas Combination Washer - Dryer Combined Washer & Dryer in White FURNISHING (Tier 3) QTY PRODUCT NAME

Base Cabinet

Wall Cabinet PLUMBING (Tier 3) QTY PRODUCT

Toilet

San Diego Base Cabinet - 2 Doors - 36" White

NAME Santa Rosa 1piece 4.84 LPF Single Flush Elongated Bowl Toilet in White

Bathtub

Shower Head

In2ition 2-in-1 Showerhead with H2Okinetic Technology

Arda

# HAM52A760MM

Whirlpool

# WGT4027EW 32x71.25x27.25 Stainless Steel

$1,798.00 / each

MANUFACTURER

MODEL NO.

EBSU

30-Inch TwoDoor and ThreeShelf Wall Cabinet

Marquete Bathroom Sink Basin New Town 6032IFS White Acrylic Soaker Tub with Integrated Flange and Skirt with Left-Hand Drain

Sink

PHOTO

Energy Star Black Stainless Steel

APPENDIX B FINISH SCHEDULE TIER 3

TLB36-BLSD

19X53X30

$494.00/each

DIMENSIONS

COLOUR/FINISH

PRICE

36"

White Thermoplastic (MDF)

$219.00 / each

KUIZEN

White KUI-HD30492- 30" x 24 7/16" x Thermoplastic (MDF) 11 49 1/2"

$499.00/ each

MANUFACTURER

MODEL NO.

PRICE

DIMENSIONS

COLOUR/FINISH

KOHLER

# K-10491-0

27.75X28.19X1 Eco Option 8.75 Procelain

$339/each

American Standard

# 0642104.020

16.25x6.75x16. 25 Procelain

$108.00/each

MAAX

# 105456000-001-001

31.88X20.50X5 9.75 Procelain

Delta

50 # 75591

11.13x47.25

CSA Cerfitied Stainlesss Steel

$551.88/each

$119.00/each

https://www.homedepot.ca/ en/home/p.30-inch-500cfm-canopy-wall-mountrange-hood-in-stainlesssteel-with-halogen$494 lighting.1000749810.html https://www.homedepot.ca/ en/home/p.84-cu-ft-gascombination-washer--dryer-in$1,789 white.1000830142.html PRICE/UNIT

SOURCE

https://www.rona.ca/en/sandiego-base-cabinet-2$219.00 doors-36-white-75396275

https://www.bathdepot.ca/k $499.00 ui-hd30492-11.html SOURCE https://www.homedepot.ca/ en/home/p.santa-rosa-1piece-484-lpf-single-flushelongated-bowl-toilet-in$339 white.1000735332.html https://www.homedepot.ca/ en/home/p.marquetebathroom-sink$108 basin.1000756146.html

Kitchen Faucet

Kitchen Sink ACCESSORIES (Tier 3) QTY PRODUCT

Moen

# 87017SRS

9.63x9.94

Eco Option Stainless Steel

$169.00/each

https://www.homedepot.ca/ en/home/p.banburykitchen-faucet-withmatching-pullout-wand-inspot-resist-stainless$196 finish.1000535875.html https://www.homedepot.ca/ en/home/p.silgranit-naturalgranite-compositetopmount-kitchen-sink$378 truffle.1000713365.html

Blanco

# 401137

20.5x8

Stainless Steel

$378.00 / each

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOUR/FINISH

PRICE

Toilet Paper Holder

NAME PHOTO New Town 6032IFS White Acrylic Soaker Tub with Integrated Flange and Skirt with Left-Hand Drain

Moen

# DN8408CH

2.37x2.25

Shower Rod

Minial Tension Rod - Chrome

Zenith Products

# 771SS

2.75x39.1x2.75 Chrome

$38.98/each

$38.98

Moen

# YB0486CH

3.3.x1.34

Chrome

$37.28/each

$37.28

# HD105476G-806Tangerine Mirror Co SS406-1

1x39x27

Glass

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOUR/FINISH

PRICE

Halo

# SLD606830W HC 7.75x1x7.75

Energy Star LED

$44.97/each

Halo

# SLD606830W HC 7.75x1x7.75

Energy Star LEDD

$44.97/each

PRICE/UNIT

https://www.homedepot.ca/ en/home/p.new-town6032ifs-white-acrylicsoaker-tub-with-integratedflange-and-skirt-with-lefthand$551.88 drain.1000708150.html https://www.homedepot.ca/ en/home/p.in2ition-2-in-1showerhead-withh2okinetictechnology.1000850306.ht $119 ml

Banbury Kitchen Faucet with Matching Pullout Wand in Spot Resist Stainless Finish Silgranit, Natural Granite Composite Topmount Kitchen Sink, Truffle

Towel Bar

Mirror LIGHTING FIXTURES (Tier 3) QTY PRODUCT

2 Bathroom Light

4 Ceiling Light

Align Towel Ring In Chrome Milano, Mirror, Brown Gloss/ Silver hairline inlay - 18 Inch x 30 Inch NAME PHOTO 6 Inch LED Recessed/Surfac e White Disk Light 6 Inch LED Recessed/Surfac e White Disk Light

TOTAL FINISH COST = $11986.91

Stainless steel

$22.98/each

$99.97 / each

PRICE/UNIT

$22.98

$99.97 PRICE/UNIT

SOURCE

https://www.homedepot.ca/ en/home/p.preston-chromepaperholder.1000408770.html https://www.homedepot.ca/ en/home/p.minial-tensionrod--chrome.1000753726.html https://www.homedepot.ca/ en/home/p.align-towel-ringinchrome.1001043786.html https://www.homedepot.ca/ en/home/p.milano-mirrorbrown-gloss-silver-hairlineinlay---18-inch-x-30inch.1000707982.html

SOURCE https://www.homedepot.ca/ en/home/p.6-inch-ledrecessedsurface-white$89.94 disk-light.1000762252.html https://www.homedepot.ca/ en/home/p.6-inch-ledrecessedsurface-white$179.88 disk-light.1000762252.html

APPENDIX C LEED CHECK LIST

APPENDIX C TRIPLE BOTTOM LINE Integrative Project Planning and Design (Prerequisite)

LEED v4 for BD+C: New Construction and Major Renovation

Project Checklist Y

Total Points: 1 Intent: To emphasize human health by maximizing opportunities for integrated, cost effective adoption of green design and construction strategies through collaboration between experts.

999/1011 Wellingt St West

N Credit

12 0

Project Name: Date: 2017/12/5

Integrative Process

0 Location and Transportation

1 16

0 Materials and Resources

Prereq

Storage and Collection of Recyclables

Required

Prereq

Construction and Demolition Waste Management Planning

Required

Credit

Access to Quality Transit

Credit

Building Life-Cycle Impact Reduction Building Product Disclosure and Optimization - Environmental Product Declarations Building Product Disclosure and Optimization - Sourcing of Raw Materials

Credit

Bicycle Facilities

Credit

Reduced Parking Footprint

Credit

Green Vehicles

Credit

LEED for Neighborhood Development Location

Credit

Sensitive Land Protection

Credit

High Priority Site

Credit

Surrounding Density and Diverse Uses

Credit

0 Sustainable Sites

Building Product Disclosure and Optimization - Material Ingredients Construction and Demolition Waste Management

0 Indoor Environmental Quality

5 2 2 2 2

Prereq

Minimum Indoor Air Quality Performance

Required

Prereq

Construction Activity Pollution Prevention

Required

Prereq

Environmental Tobacco Smoke Control

Required

Credit

Site Assessment

Credit

Enhanced Indoor Air Quality Strategies

Credit

Site Development - Protect or Restore Habitat

Credit

Low-Emitting Materials

Credit

Open Space

Credit

Rainwater Management

Credit

Construction Indoor Air Quality Management Plan Indoor Air Quality Assessment

Credit

Heat Island Reduction

Credit

Thermal Comfort

Credit

Light Pollution Reduction

Credit

Interior Lighting

Credit

Daylight

Credit

Quality Views

Credit

Acoustic Performance

0 Water Efficiency

Prereq

Outdoor Water Use Reduction

Required

Prereq

Indoor Water Use Reduction

Required

Prereq Credit

Building-Level Water Metering Outdoor Water Use Reduction

Required

1 4

Credit

Indoor Water Use Reduction

Credit

Cooling Tower Water Use

Credit

Water Metering

22 0

0 Energy and Atmosphere

0 0

0 Innovation Credit

Innovation

Credit

LEED Accredited Professional

6 1

0 Regional Priority

Credit

Regional Priority: Specific Credit

Credit

Regional Priority: Specific Credit

1 1

Fundamental Commissioning and Verification

Required

Credit

Regional Priority: Specific Credit

Prereq

Minimum Energy Performance

Required

Credit

Regional Priority: Specific Credit

Prereq

Building-Level Energy Metering

Required

Prereq

Fundamental Refrigerant Management

Required

Credit

Enhanced Commissioning

Credit

Optimize Energy Performance

Credit

Advanced Energy Metering

Credit

Demand Response

Credit

Renewable Energy Production

Credit

Enhanced Refrigerant Management

Credit

Green Power and Carbon Offsets

0 TOTALS

People: To ensure a healthy and sustainable living environment for the residents through analyzing the urban environment of the site at the pre-design stage.

Planet: To minimize the carbon footprint of the new construction and to reduce the energy required for operating the building. Targeting sustainable strategies before starting schematic design and conducting a preliminary LEED meeting with the project team members and owners. Performing a preliminary energy model analysis before the completion of schematic design and develop strategies in reducing energy loads of the building.

Profit: To develop a cost-effective, sustainable and feasible design with the design team members. The goal is to integrate green strategies across all aspects of building design, construction, operation, maintenance and disposal.

Location and Transportation

Prereq

Process: Preparing an ownerâ&#x20AC;&#x2122;s project requirements document, establishment of preliminary rating goals, integrated project team and completion of a design charrette.

Possible Points:

Certified: 40 to 49 points, Silver: 50 to 59 points, Gold: 60 to 79 points, Platinum: 80 to 110

110

Total Points: 18 1) Sensitive Land Protection (1 point) a) The development footprint on land has been previously developed 2) Surrounding Density and Diverse Uses (3 points) a) The project is located in a high-density area with various mixed use buildings that provide a lot of daily services. According to the secondary plan, the density will continue increasing. 3) Access to Quality Transit (3 points) a) 38 different bus services and 1 light rail station are provided within 800m radius.

4) Bike Facilities (1 point) a) Long term and short-term bike storage is provided for more than 30% of all the building occupants within 30m walking distance to the main entrance.

APPENDIX C TRIPLE BOTTOM LINE

APPENDIX C TRIPLE BOTTOM LINE Water Efficiency

People: To locate the building in a neighborhood with various public transit routes. Taking advantages of existing linkages and amenities in the community, encouraging a healthy and sustainable living style for the residents through developing the walkability of the area.

Planet: To reduce the carbon emissions generated by automobiles by locating the project in an area with diverse uses and various public transit routes to promote a walkable community and decrease automobile usage.

Profit: To reduce the cost on infrastructure needed for new development by locating the project in a dense area in addition to allowing residence to save money by using alternative means of transportation.

Total Points: 8 1) Outdoor Water Reduction (Prerequisite) 2) Indoor Water Use Reduction (Prerequisite) 3) Building Level Water Metering (Prerequisite) 4) Outdoor Water Reduction (1 point) a) Reduce outdoor water usage through native plants with efficient irrigation systems that improve outdoor water usage by 50% as compared to the base standard. 5) Indoor Water Reduction (4 points) a) Choosing energy star rated appliances to reduce indoor water usage by 40%.

Sustainable Sites

6) Cooling Water Tower Use (2 points) a) Conserve water used for cooling tower make up when controlling microbes, corrosion and scale in the condenser water system.

Total Points: 1 1) Site Assessment (1 point) a) Assess site conditions and evaluate sustainable options to inform decision about site design.

7) Water Metering (1 point) a) Install permanent water meter for irrigation, indoor plumbing fixtures and fittings, and annual water usage.

2) Site Development â&#x20AC;&#x201C; Protect or Restore Habitat (1 point) a) 30% of the site designated to landscape using native plants in order to provide habitat and promote biodiversity on the site.

People: To emphasize a healthy living environment through analyzing site conditions; such as topography, hydrology, climate, vegetation, soil, human use and human health effects.

Planet: To protect habitat and promote biodiversity through restoring 30% of the site to landscape or green space.

Profit: To plant native vegetation that can reduce maintenance costs and costs for irrigation, while also providing an enjoyable and healthy space for the residents.

People: To conserve freshwater for future generations using efficient equipment and installing a water meter to monitor the water usage of the building for future improvement.

Planet: To conserve freshwater by incorporating water efficiency strategies in order to reduce total water usage during the operation. Low flow fixtures can be installed to reduce indoor water usage while native plants help in reducing the outdoor water usage. The water usage should be monitored for future development.

Profit: Applying water efficiency strategies by installing efficient fixtures and equipment to reduce the cost for total water usage. In addition, people tend to choose to live in buildings that contribute to energy conservation.

APPENDIX C TRIPLE BOTTOM LINE

Energy and Atmosphere

Material and Resources

Total Points: 22 1) Fundamental Commissioning and Verification (Prerequisite) 2) Minimum Energy Performance (Prerequisite) 3) Building Level Energy Metering (Prerequisite)

Total points: 7 1) Storage and Collections of Recyclables (Prerequisite) 2) Construction and Demolition Waste Management Planning (Prerequisite)

4) Enhanced Commissioning (6 points) a) To support the design, construction and eventual operation of the project that meets the owner’s requirements for energy, water, indoor environmental quality and durability.

3) Building Life Cycle Impact Reduction (2 points) a) 25% of materials are reused for interior elements and structure elements. A life-cycle assessment of the materials for the project’s structure is conducted to reduce greenhouse gases, ozone depletion and acidification of land and water sources.

5) Optimize Energy Performance (12 points) a) Conduct a whole building energy simulation and improve energy efficiency by 30%.

4) Building Product Disclosure and Optimization – Environmental Product Declarations (2 points) a) Use materials with life-cycle information.

6) Advance Energy Metering (1 point) a) Monitoring the energy usage through installing energy meters permanently.

5) Building Product Disclosure and Optimization – Sourcing of Raw Materials (1 point) a) Choose materials from manufacturers that release reports from their raw material suppliers. In this project, cross laminated timber is used as the primary building material.

7) Demand Response (2 points) a) Installing sensors to increase participation in demand response technologies to reduce carbon footprint through improving energy generation and distribution system. 8) Enhanced Refrigerant Management (1 point) a) Using non-ozone depleting refrigerants to reduce ozone depletion.

People: To promote energy efficiency and still provide a comfortable living space for the residents. Energy meters are installed in the building to ensure energy efficiency of the building and monitor the energy usage for the further improvement. Non-ozone depleting refrigerants are used in the building.

Planet: To minimize the greenhouse gas emissions through incorporating energy efficient strategies and ensuring an efficient operation.

6) Building Product Disclosure and Optimization – Material Ingredients (1 point) a) Choose building materials with manufacturer inventory that contain all ingredients identified by name and chemical abstract service registration number. 7) Construction and Demolition Waste Management a) Reduce construction and demolition waste disposed to landfill.

Profit: To develop a sustainable and energy efficient building that can significantly reduce the energy cost during the entire operation stage of the building.

People: To promote and implement thoughts of environmental sustainability by reusing materials.

Planet: To minimize the carbon footprint and amount of waste generated by construction through the reuse of existing building materials.

Profit: Reduce the cost of using new materials by reusing existing materials.

APPENDIX C TRIPLE BOTTOM LINE

APPENDIX D Land titleS PARCEL REGISTER (ABBREVIATED) FOR PROPERTY IDENTIFIER LAND PAGE 1 OF 2 PREPARED FOR H REGISTRY ON 2017/10/13 AT 13:13:44 OFFICE #4 04095-0182 (LT) * CERTIFIED IN ACCORDANCE WITH THE LAND TITLES ACT * SUBJECT TO RESERVATIONS IN CROWN GRANT *

Indoor Environmental Quality Total points: 9 1) Minimum Indoor Air Quality Performance (Prerequisite) 2) Environmental Tobacco Smoke Control (Prerequisite) 3) Enhance Indoor Air Quality Strategies (2 points) a) Provide a comfortable and healthy living space through mechanical and natural ventilation strategies.

PROPERTY DESCRIPTION:

LT 20 & PT LT 21, PL 57 , AS IN N556946, S/T & T/W N556946 ; OTTAWA/NEPEAN

PROPERTY REMARKS: ESTATE/QUALIFIER: FEE SIMPLE LT CONVERSION QUALIFIED

RECENTLY: FIRST CONVERSION FROM BOOK 82

OWNERS' NAMES SAIKALEY, PHILIP SAIKALEY, NAJAT

CAPACITY JTEN JTEN

REG. NUM.

DATE

INSTRUMENT TYPE

PIN CREATION DATE: 1996/06/24

AMOUNT

PARTIES FROM

PARTIES TO

**EFFECTIVE 2000/07/29 THE NOTATION OF THE "BLOCK IMPLEMENTATION DATE" OF 1996/06/24 ON THIS PIN**

4) Low Emitting Materials (3 points) a) Test the VOC emission indoors and choose low VOC materials.

**WAS REPLACED WITH THE "PIN CREATION DATE" OF 1996/06/24** ** PRINTOUT INCLUDES ALL DOCUMENT TYPES AND DELETED INSTRUMENTS SINCE 1996/06/21 ** **SUBJECT, ON FIRST REGISTRATION UNDER THE LAND TITLES ACT, TO:

5) Thermal Comfort (1 point) a) Design the HVAC system and building envelope to meet the requirements of ASHRAE Standard 55-2010. 6) Interior Lighting (2 points) a) Provide lighting control for at least 90% of individual occupant spaces and to make sure that the light fixture has maximum luminance of 2500cd/m2 7) Acoustic Performance (1 point) a) To provide a quiet living space through reducing the noise that comes from HVAC and install acoustical finishes.

People: To ensure a comfortable and healthy living environment through selecting low VOC content materials for interior finishes, installing enough lighting fixtures for individual occupant spaces and providing thermal controls per unit for the residents.

Planet: To install controls for lighting, thermal and electrical for a more energy efficient design.

SUBSECTION 44(1) OF THE LAND TITLES ACT, EXCEPT PARAGRAPH 11, PARAGRAPH 14, PROVINCIAL SUCCESSION DUTIES

AND ESCHEATS OR FORFEITURE TO THE CROWN.

THE RIGHTS OF ANY PERSON WHO WOULD, BUT FOR THE LAND TITLES ACT, BE ENTITLED TO THE LAND OR ANY PART OF

IT THROUGH LENGTH OF ADVERSE POSSESSION, PRESCRIPTION, MISDESCRIPTION OR BOUNDARIES SETTLED BY

CONVENTION.

ANY LEASE TO WHICH THE SUBSECTION 70(2) OF THE REGISTRY ACT APPLIES.

**DATE OF CONVERSION TO LAND TITLES: 1996/06/24 ** N556946

1990/11/15

TRANSFER

*** COMPLETELY DELETED ***

N556947

1990/11/15

CHARGE

*** COMPLETELY DELETED ***

LT1016138

1996/12/11

APL (GENERAL)

*** COMPLETELY DELETED *** MASTROMATTEI HOLDINGS LIMITED

LT1016139

1996/12/11

CHARGE

*** COMPLETELY DELETED *** MASTROMATTEI HOLDINGS LIMITED

LT1121624

1998/05/19

CHARGE

*** COMPLETELY DELETED *** MASTROMATTEI HOLDINGS LIMITED

746666 ONTARIO LTD. NATIONAL TRUST COMPANY

NATIONAL TRUST COMPANY

MASTROMATTEI, GIOVANNI MASTROMATTEI, ASSUNTA NOTE: ADJOINING PROPERTIES SHOULD BE INVESTIGATED TO ASCERTAIN DESCRIPTIVE INCONSISTENCIES, IF ANY, WITH DESCRIPTION REPRESENTED FOR THIS PROPERTY. NOTE: ENSURE THAT YOUR PRINTOUT STATES THE TOTAL NUMBER OF PAGES AND THAT YOU HAVE PICKED THEM ALL UP.

Profit: To reduce operations costs by installing lighting and thermal controls to lessen unwanted heating and lighting. A building energy simulation model can help determine the baseline of the energy usage.

CERT/ CHKD

APPENDIX D Land titleS

APPENDIX E ALTERNATE FINANCING STRUCTURE

PARCEL REGISTER (ABBREVIATED) FOR PROPERTY IDENTIFIER

LAND

REGISTRY OFFICE #4

PAGE 1 OF 2

04095-0184 (LT)

* CERTIFIED IN ACCORDANCE WITH THE LAND TITLES ACT * SUBJECT TO RESERVATIONS IN CROWN GRANT *

PROPERTY DESCRIPTION:

PREPARED FOR H ON 2017/10/13 AT 13:15:05

LT 22 & PT LT 24, PL 57 , AS IN CR619228 ; OTTAWA/NEPEAN

PROPERTY REMARKS: ESTATE/QUALIFIER: FEE SIMPLE LT CONVERSION QUALIFIED

RECENTLY: FIRST CONVERSION FROM BOOK 82

OWNERS' NAMES 1427405 ONTARIO LIMITED

CAPACITY BENO

Alternative Alternative Financial Financial Summary Summary

PIN CREATION DATE: 1996/06/24

Alternative Alternative Financial Financial Summary Summary

Average Average SellingSelling Price PSF Price PSF $537.00 $537.00

% Equity % Equity

30.00%30.00%

% Equity % Equity

22.50%22.50%

Net Revenues Net Revenues

$28,687,560.00 $28,687,560.00

Net Revenues Net Revenues

$28,687,560.00 $28,687,560.00

Expenses Expenses

$24,066,277.15 $24,066,277.15

Expenses Expenses

$24,066,277.15 $24,066,277.15

**EFFECTIVE 2000/07/29 THE NOTATION OF THE "BLOCK IMPLEMENTATION DATE" OF 1996/06/24 ON THIS PIN**

Profit Profit

$4,621,282.85 $4,621,282.85

Profit Profit

$4,621,282.85 $4,621,282.85

**WAS REPLACED WITH THE "PIN CREATION DATE" OF 1996/06/24**

Profit Per Profit Door Per Door

$77,021.38 $77,021.38

Profit Per Profit Door Per Door

$77,021.38 $77,021.38

Cash on Cash Cash onReturn Cash Return 64.01%64.01%

EquityEquity Required Required

$5,414,912.36 $5,414,912.36

EquityEquity Required Required

$7,219,883.15 $7,219,883.15

Cash on Cash Cash onReturn Cash Return 85.34%85.34%

Bank Loan Bank Loan

$16,846,394.01 $16,846,394.01

Bank Loan Bank Loan

$18,651,364.79 $18,651,364.79

% LTC % (Debt) LTC (Debt)

70.00%70.00%

% LTC % (Debt) LTC (Debt)

77.50%77.50%

REG. NUM.

DATE

INSTRUMENT TYPE

AMOUNT

PARTIES FROM

CERT/ CHKD

PARTIES TO

** PRINTOUT INCLUDES ALL DOCUMENT TYPES AND DELETED INSTRUMENTS SINCE 1996/06/21 ** **SUBJECT, ON FIRST REGISTRATION UNDER THE LAND TITLES ACT, TO: **

SUBSECTION 44(1) OF THE LAND TITLES ACT, EXCEPT PARAGRAPH 11, PARAGRAPH 14, PROVINCIAL SUCCESSION DUTIES

AND ESCHEATS OR FORFEITURE TO THE CROWN.

THE RIGHTS OF ANY PERSON WHO WOULD, BUT FOR THE LAND TITLES ACT, BE ENTITLED TO THE LAND OR ANY PART OF

IT THROUGH LENGTH OF ADVERSE POSSESSION, PRESCRIPTION, MISDESCRIPTION OR BOUNDARIES SETTLED BY

CONVENTION.

ANY LEASE TO WHICH THE SUBSECTION 70(2) OF THE REGISTRY ACT APPLIES.

Alternative Alternative Financial Financial Summary Summary

**DATE OF CONVERSION TO LAND TITLES: 1996/06/24 ** CR619228

1972/09/29

TRANSFER

NS171653

1982/12/06

AGREEMENT

LT1339379

2000/11/17

TRANSMISSION-LAND

*** COMPLETELY DELETED ***

KARDISH, ISRAEL THE CORPORATION OF THE CITY OF OTTAWA

*** COMPLETELY DELETED *** KARDISH, ISRAEL - DECEASED

KARDISH, KARDISH, KARDISH, KARDISH,

REMARKS: ALL DEBTS OF THE ESTATE HAVE BEEN PAID. LT1339380

2000/11/17

TRANSFER

$65,000

KARDISH, ISRAEL - ESTATE KARDISH, DAVID KARDISH, HARVEY

ISRAEL - ESTATE DAVID HARVEY VICTOR

1427405 ONTARIO LIMITED

Alternative Alternative Financial Financial Summary Summary

Average Average SellingSelling Price PSF Price PSF $537.00 $537.00

% Equity % Equity

25.00%25.00%

% Equity % Equity

20.00%20.00%

Net Revenues Net Revenues

$28,687,560.00 $28,687,560.00

Net Revenues Net Revenues

$28,687,560.00 $28,687,560.00

Expenses Expenses

$24,066,277.15 $24,066,277.15

Expenses Expenses

$24,066,277.15 $24,066,277.15

Profit Profit

$4,621,282.85 $4,621,282.85

Profit Profit

$4,621,282.85 $4,621,282.85

Profit Per Profit Door Per Door

$77,021.38 $77,021.38

Profit Per Profit Door Per Door

$77,021.38 $77,021.38

EquityEquity Required Required

$6,016,569.29 $6,016,569.29

EquityEquity Required Required

$4,813,255.43 $4,813,255.43

Cash on Cash Cash onReturn Cash Return 76.81%76.81%

Cash on Cash Cash onReturn Cash Return 96.01%96.01%

Bank Loan Bank Loan

$18,049,707.86 $18,049,707.86

Bank Loan Bank Loan

$19,253,021.72 $19,253,021.72

% LTC % (Debt) LTC (Debt)

75.00%75.00%

% LTC % (Debt) LTC (Debt)

80.00%80.00%

NOTE: ADJOINING PROPERTIES SHOULD BE INVESTIGATED TO ASCERTAIN DESCRIPTIVE INCONSISTENCIES, IF ANY, WITH DESCRIPTION REPRESENTED FOR THIS PROPERTY. NOTE: ENSURE THAT YOUR PRINTOUT STATES THE TOTAL NUMBER OF PAGES AND THAT YOU HAVE PICKED THEM ALL UP.

APPENDIX F J. Chung

M. Cordeiro

Model Develpment Brief Planning Rationale Site Plan Design Package Development Financial Summary Land Acquisition Professional Service Fee Permits and Development Charge Marketing & Sales Construction Financing Tarion LEED Revenue Summary Unit Pricing Sheet Tarion Entrollment Breakdown Cash Flow Projections Project Schedule GO/NO GO criteria Financing summary & Loan Amortization Finish Schedule LEED Check List and Triple Bottom Line Alternative Financing Structure Layout

S. Duong

Y. Wei

999 & 1011 WELLINGTON STREET WEST