Cornerstone Heights Development Project

DESIGN

JR CK

CORNER STONE HEIGHTS Development Brief Redeveloping 575 Bank and 210 Isabella

DESIGN

JR CK

Jamison Duff Reid Linklater Charles Van Waarden Kareem Mitchell 2016 ARCC4500

DESIGN

JR CK

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Table of Contents

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1.0 2.0

3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0 14.0 15.0 16.0 17.0

Development Brief……………………………………………………..……….3 Planning Rationale 2.1 Official Plan land use designation and Zoning………..……..…4 2.2 Zoning…………………………………………………………………………..……..5 2.3 Existing Context…………………………………………….................……....5 2.4 Surrounding Context……………………………………………………...…..6 2.5 Recently Completed/ Currently Proposed Projects…....…….7 2.6 Justification of Parcel Selection…..………………………………….…..8 2.7 Site Photos……………..……………………………………………………..…….9 Site Plan………………………………………………………………..………….…13 Design Package 4.1 Perspectives……………………………………………..…………………..…….14 4.2 Floor Plans…………………………………………………..…..…………..…….18 Development Financial Summary………………..…..……………....23 Pro-Forma…………………………………………………….……………………24 Revenue Summary………………….........................……………………28 CRU, Unit and Parking Pricing Sheet…………………….………….29 Tarion Enrollment Breakdown…………….......……………………....30 Project Time Line and Cashflow…...…….…………………….........32 Go / No-GO Criteria……………..……………….…………………...…….36 Appendix A 12.1 Financing Summary………………………………………..…....…………..37 12.2 Loan Amortization………………….…………………………………………38 Appendix B 13.1 Marketing Drawing……………………………………………………………40 13.2 Finish Schedule………………………..…………………………………….….41 Appendix C 14.1 Leed Checklist…………………………………………………………….……..47 14.2 Triple Bottom Line……………………………………………………..….….48 Appendix D (Land Titles)…………………………………………………..50 Appendix E 16.1 Alternate Financing Structure…………………………….…………….54 16.2 Sensitivity Analysis……………………………………………………….……55 Appendix F (Work/Task Distribution)..………...………….………56

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DESIGN

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1.0 Development Brief

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General Information

Metropolitan Context

Gross Floor Area 90,153 ft (8,375m) 2

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Net Saleable Area 72,864 ft (6,769m) 2

Unit Information Number of Units 56

Average Unit Size 1,012 ft (94m)

1 Bedroom Units 10

Smallest Unit Size 570 ft (53m)

2 Bedroom Units 35

Largest Unit Size 1,280 ft (119m)

3 Bedroom Units 11

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2

2

Floor Mix Residential 5 Commercial 1 Parking 1

Building Efficiency 81%

Site Efficiency 70%

2

70%

81%

Floor Space Index 4.20

Ground Floor Area 15,004 ft (1,394m)

Site Area 21,428 ft (1,991m)

Number of Lockers 56

Parking Stalls 31

Bike Stalls 56

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2.0 Planning Rationale

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What would you say about a beautiful Condominium with comfortable spaces

and close proximity to convenient transit routes? Seekers of a well adjusted and affordable lifestyle will be delighted to hear about the Cornerstone Heights Project backed by by JRCK Design.

The 56 condos, situated above thriving commercial spaces, offer a breathtaking panorama of the thriving traditional main street on the cusp of the historic Centertown district.

The condos range in size to accomediate all occupant types. Each unit contains high quality furnishings, and an open concept kitchen with built in contemporary appliances.

This Planning Rationale was prepared by JRCK Design after analysing the surrounding context to justify the parcel selection of the 210 Isabella Street and 575 Bank Street properties opposed to the 574, 578 and 580 Bank Street and 1 Roseberry Land Assembly. The purpose of the following documents is to address the appropriateness of a mixed use mid-rise project through the consideration of the proposal within its context.

2.1 Official Plan and Land use Designation

The subject property is located within a Traditional Main Street Zone.

This designation offers to accommodate a variety of retail, commercial, residential, institutional, office and mixed uses. The intent of the city over time is to promote the intensification of the main streets as a mixed use corridor and to create a more compact pedestrian oriented design pattern. The Main Street designation recognizes locations that offer opportunities for future development. They also supply adjacent neighborhoods with a variety of services and help create a sense of community. The policies associated with Main Streets often consider the diversity of the streets character along with adjoining areas. This distinction is often associated with tight urban fabric and is also in line with the cities broader goal to integrate sustainable growth and development.

The official planned land use designation for Main streets is provided in Vol.1, Sec. 3.6 of the Official Plan (http://ottawa.ca/en/official-plan-0/36-urban-designations)

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2.0 Planning Rationale

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2.2 Zoning

In relation to the surrounding zoning context of the site, the development property is situated entirely in the TM (19) Traditional Main Street zone

which extends along the intersections of Bank Street and Chamberlain Avenue and, Bank Street and Isabella Street respectively. An R4 Residential zone abuts the site from the east on Pretoria Avenue while a large GM4 General Mixed Use Zone envelops the north and eastern contours of the property along Isabella Street.

Zone

Description

TM – Traditional Main Street Zone

accommodate a broad range of uses including retail, service commercial, office, residential and institutional uses, including mixed-use buildings but excluding auto-related uses, in areas designated Traditional Mainstreet in the Official Plan Allows a wide mix of residential building forms ranging from detached to low rise apartment dwellings, in some cases limited to four units, and in no case more than four storeys, in areas designated as General Urban Area in the Official Plan. allow residential, commercial and institutional uses, or mixed use development in the General Urban Area and in the Upper Town, Lowertown and Sandy Hill West Character Areas of theCentral Area designations of the Official Plan

R – Residential Density Zone

GM – General Mixed Use Zone

2.3 Existing Context Current Occupancy: Building Area: Zone:

210 Isabella

St.

Randall’s Paint, Oakwood Kitchen 387 sqm TM H(19)

TM H(19) GM 4(3.0)

R4S[814]

575 Banks St. Clocktower Brew Pub 235 sqm TM H(19)

The site is bound by Bank Street to the West, Isabella Street to the North, and Pretoria Avenue to the South. There is a proposed office building devel-

opment and a current residential block to the East of 210 Isabella and 575 Bank, respectively. The surrounding community consists of a mixture of commercial, residential, office and mixed use buildings. The Site is located in the Glebe neighborhood and is adequately serviced with central transit routes. The 1 and 7 bus routes run along Bank Street while the 101 and 103 run along Isabella. These bus routes provide access to key terminals such as Lansdowne Park, St. Laurent Centre, Hurdman Station, and Rideau Centre within 15 minute travel time.

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2.0 Planning Rationale

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2.4 Surrounding Context

North: The Queensway Highway 417 is situated directly north of the site. At peak hours the roads often accumulates a high volume of traffic due to vehicles entering the Highway from Isabella. The close proximity of the site to the highway nonetheless is a considerable benefit because of the quick access to the further reaches of Ottawa. North of the Queensway, key destinations such as the Museum of Nature, YMCA, and Greyhound Station are within a comfortable distance of 500 meters. Centertown retail and food services can also be found north of the Highway along Bank Street.

South: Paterson’s Creek Park, just a short walk south, provides sufficient linkage as a pedestrian and cycling route to the Rideau Canal. New housing

units have been built on Pretoria Avenue, and both restaurants and small mixed use buildings line Bank Street South of the site.

West: A large public parking lot is situated across the street on the western corner of Bank Street. The remainder of that block is occupied by mixed use 2 and 3 story apartments within aTM zone. The small businesses that exist at street level next to the parking lot are the Works Gourmet Burger Bistro, Olga’s Deli, and the Capital Barbershop.

East: East of the site is a residential neighborhood with laneways along Pretoria Avenue. Large offices, potential development areas, and empty lots

extend the length of Isabella street East. Further east on Metcalfe is a Loblaw’s store.

G

1-3 Storey

Office

Commercial

4-9 Storey

Residential

Transportation

+10 Storey

Urban Mix

High- Rise Residential

Use and Occupany

Institutional

Route 1 Route 6 Route 7 Route 14

Bike and Transit Routes

Route 101 Route 103 Bike Lane Bus Stop Greyhound Stn.

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2.0 Planning Rationale

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2.4 Continued Nearby Ammenities

The intersection in which the proposed development lies is well within range of restaurants, park, places

of worship and community centres. The site has many nearby amenities located within a short walking distance along the Bank Street Corridor. From the site, one has access to the Works Gourmet Burger Bistro and Patterson’s Creek Park within a 250m radius. The Loblaw’s Super Market is also just shor travel distant towards 69 Isabella Street.

Resturants 1. The Works Gourmet Burger Bistro, 2. Mr. Sub 3. Erling’s Variety

Community Centres 1. Language Assessment and Referral Centre 2. Emergency Food Centre 3. Glashan Public School

Parks 1. Patterson’s Creek Park and Recreation Centre

Places of Worship 1. Ottawa Chinese United Church 2. Centretown United Church 3. Holy Korean Martyrs

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2.5 Recently Completed / Currently Proposed Projects Nearby Amenities

Nearby Developments

The site is also thriving with nearby development activity. Notable urban condominium projects

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have been completed just north of the Queensway. The site also neighbors an ongoing Gary Shaker 7 multi-storey office at the 200 Isabella Street property.

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Nearby Developments

1 CENTRAL. 354 Gladstone Ave. Ottawa. Urban Condominiums. 237 units. 10 Storeys. 20,000 Sqft of Retail Space. Completed 2011. Urban Capital.

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2 CENTRAL 2. 360 McLeod St. Ottawa. Urban Condominiums. 141 units. 9 Storeys. 4,500 Sqft LCBO at Grade. Completed 2012.Urban Capital.

2 SOBA. 203 Catherine Street. Ottawa. Urban Condominiums. 240 units. 23 Storeys. Projected Completion: Late 2016.

3 HIDEAWAY. 340 McLeod St. Ottawa. Urban Condominiums. 162 units. 9 Storeys. Completed 2015. Urban Capital.

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4 THE OPUS. 320 McLeod St. Ottawa. Traditional Condominiums. 70 units. 9 Storeys. Completed 2007. Ashcroft Homes.

Gary Shaker. 200 Isabella St.Ottawa. Offce Development. 7 Storeys. 100, 000 sqft. SHAKER REALTY LTD.

SMART HOUSE. 488-500 Bank St. Ottawa. Micro Apartments. 151 units. 9 Storeys. Retail at Grade. Expected Completion: March 2017.

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2.0 Planning Rationale

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2.6 Justification of Parcel Selection The Subject Property

The development site is currently occupied by the Clock tower Pub restaurant on 575 Bank Street while a Randall’s home decoration store currently occupies the property on 210 Isabella Street. These two buildings will be removed in order to develop the Cornerstone Heights Project.

The selection and consolidation of 210 Isabella and 575 Bank was determined to be the most agreeable with the project for a number of reasons.

Impact on Existing Site: Development of these two sites would

create a new mixed-use building fronting Bank Street. This would complement the existing building types in the surrounding area, as well as the City of Ottawa’s vision for Traditional Mainstreets. The properties across the street (578 and 580 Bank, and 1 Roseberry), although available for development, are less appropriate. They are currently low-rise mixed-use buildings, providing retail and residential space for the community. Therefore it would be more appropriate to redevelop the chosen sites, as they do not have any residences, and there is a greater opportunity for densification.

Consistent Zoning: Both 210 Isabella and 575 Bank are under the

same zoning bylaws (TM H(19)) as opposed the 574, 578 and 580 Bank, and 1 Roseberry Land assembly which occupies multiple zones. This means the building constraints and bylaws of the selected site would be uniform between both properties, requiring no application for zoning changes.

Bank St. Frontage: The consolidation and development of these

sites would create an additional 28m of new store frontage along Bank St., one of Ottawa’s prime retail networks. The total proposed store frontage is 66m.

Parking: The availability of parking on the opposite side of Street at 574 Bank allows the relocation of the retail and visitor’s parking off site and maximizes the number of rentable parking spots on site according to Part 4, Sec. 101, Table 101 (Row R14) of Ottawa Bylaw.

Building Footprint Efficiency: According to Table 197, (f )(iii) of the

Ottawa Bylaw, a minimum 7.5m rear yard setback is required on 575 Bank St. This would be an ideal loading space, as it is easily accessible from Pretoria Ave. and out of site from Bank St. By providing loading access to both properties sites on 575 Bank St., the building foot print on 210 Isabella can be maximized. This is ideal as there is no rear yard setback on 210 Isabella.

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2.0 Planning Rationale

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2.7 Photo Map

A1

A2

A3

A4

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2.7 Continued

B1

B2

B3

B4

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2.7 Continued

A2

B4

A4

B2 B3

A3

A1

B1

A 1-1

General Information

Site Plan 1:450

Design Economics

Midterm

The purpose of the TM – Traditional Mainstreet Zone is to:

Alternate Entrance To Residential

(1) Accommodate a broad range of uses including retail, service commercial, office, residential and institutional uses, including mixed-use buildings but excluding auto-related uses, in areas designated Traditional Mainstreet in the Official Plan (2) Foster and promote compact, mixed-use, pedestrian-oriented development that provide for access by foot, cycle, transit and automobile; (3) Recognize the function of Business Improvement Areas as primary business or shopping areas; and (4) impose development standards that will ensure that street continuity, scale and character is maintained, and that the uses are compatible and complement surrounding land uses

Bicycle Parking

575 Bank and 210 Isabella Key Plan

Setback Information

Loading Bay Entry To Parking Garage

Both lots are within a TM H(19) Zone

Client

Lots abutting Bank Street are to treat Bank street as its front yard for the purpose of determining set backs.

210 Isabella (1) Max Height: 19m (2) Minimum Height: 6.7m (3) Maximum Front Yard Setback: 3m (4) Minimum Corner Side Yard (Isabella St.) Setback: 3m (5) 3m interior side yard setback required along abutting R4 zones.

(6) No rear yard setback required due to being a mixed use building which does not abut a residdential zone or a public laneway.

(7) Minimum 2m Front Yard setback above 4 storeys or 15m.

Main Entry to Residential

210 Isabella

110 Laurier Ave West, Ottawa, ON K1P 1J1 T: (613) 580-2400

575 Bank (1) Max Height: 19m (2) Minimum Height: 6.7m (3) Maximum Front Yard Setback: 3m (4) Minimum Corner Side Yard (Pretoria Ave.) Setback: 3m (5) No Interior side yard setback required due to being a mixed use buildingwhich does not abut a residential zone.

(6) Rear Yard Setback: 7.5m (7) Minimum 2m Front Yard setback abbove 4 storeys or 15m (8) Because rear yard abuts a R4 zone, there must be a 45 degree plane projecting from the 7.5m rear yard setback towards the front yard above 4 storeys or 15m.

575 Bank Retail and Visitor parking allocated to Parking Lot adjacent to site (By-Law 2010-354)

Legend Floors 1-4 Floor 5 Floor 6

Tree Hydro Pole Street Light

Property Line Existing Building Existing Building (Demolished) Setbacks

Parking

Gross Floor Area

Calculated as follows:

Calculated as followed: Floors 1-4: 1,551.07 x 4 = 6,204.28 SQM Floor 5: 1,310.54 SQM Floor 6: 1,242 SQM Gross Floor Area = 6,204.28 SQM + 1,310.54 SQM + 1,242 SQM = 8,756 SQM

Commercial Space: 1,551.07 SQM Residential Space: 7,204.93 SQM Residential Space split into 17 Single bedroom units and 39 Two Bedroom units.

56 Units all together.

(1) Apartment building, low-rise; apartment building, mid-high rise dwelling unit in the same building as a non-residenial use requires 0.5 bicycle stalls per unit.

56 units x 0.5 = 28 bicycle stalls for residents (2) Bank; convienience store; day care; office; post office; post secondary educational Institution; restaurant; retail food store; retail store requires 1 bicycle stall per 250 SQM 1,551.07 SQM / 250 SQM = approximatly 6 bicycle stalls Total: 28 + 6 = 34 bicycle stalls

This Development is considered in Zone Y for parking req.

Title

Calculated as followed: Apartment building, low-rise; apartment building, mid-high rise dwelling unit in the same building as a non-residential use requires 0.5 parking stalls per unit.

56 units x 0.5 = 28 parking stalls for residents Bank; convienience store; day care; office; post office; post secondary educational Institution; restaurant; retail food store; retail store requires 1.25 parking stalls per 100 SQM. 1,551.07 SQM / 100 SQM = approximatly 16 parking stalls

Site Plan

For visitor parking we are to have 0.1 parking stalls per unit.

56 units x 0.1 = approximatly 6 parking stalls Part 4, Sec. 101, Table 101 (row R14) of Ottawa Bylaw states: Dwelling units in a mixed use building abutting Bank st. require no minimum amount of parking spaces.

Scale: 1:450 Project: 575 Bank and 210 Isabella

Note; we have provided 31 parking spaces for residents Date: 16/11/01

Retail Parking and Visitor Parking has been moved to the opposite side of the street on 574 Bank, which is a current parking lot. By-Law 2010-354 states that we are allowed to do this.

Charles Van Waarden - Jamison Duff Kareem Mitchell - Reid Linklater

A-1

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4.0 Design Package

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4.1 Perspective Views

Perspective 1

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4.0 Design Package

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4.1 Continued

Perspective 2

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4.1 Continued

Perspective 3

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4.0 Design Package

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4.1 Continued

Perspective 4

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Bicycle Parking Area 56 Spots

JRCK Consultants Inc.

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Locker Area 40 Units

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P1 UNDERGROUND PARKING (31 SPOTS) 1496m2

No.

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Description

Date

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ARCC4500 DEVELOPMENT PROPOSAL

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No. 1 Nov 1, 2016 N/A N/A

Project Number Date Drawn By

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Parking Level - Below Grade

Checked By

A101 Scale

Total No. of Parking Spots: 31

1/8" = 1'-0"

10/31/2016 8:06:41 PM

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Parking Level (Basement)

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JRCK Consultants Inc.

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103 RETAIL

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359m2

Bicycle Parking Area 20 Spots

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LOADING AREA 4 -

102 RETAIL

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No.

Description

Date

388m2

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101 RETAIL 462m 7

ARCC4500 DEVELOPMENT PROPOSAL

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Level 1 B

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No. 1 Nov 1, 2016 Author Checker

Project Number Date

2

Level 1

Drawn By Checked By

A102 Scale

Total Saleable Area: 1209m2 Floor Efficiency: 86.7%

1/8" = 1'-0"

10/31/2016 8:07:22 PM

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JRCK Consultants Inc.

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212 2 Bedroom Unit 93m

211 3 Bedroom Unit

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108m2

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3

210 2 Bedroom Unit

209 2 Bedroom Unit

95m2

107m2

4 -

208 1 Bedroom Unit

SERVICE

66m2 5

206 2 Bedroom Unit

204 2 Bedroom Unit

202 2 Bedroom Unit

110m2

91m2

103m2

No.

Description

207 2 Bedroom Unit

6

95m2

205 2 Bedroom Unit

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203 2 Bedroom Unit

81m2

81m2

201 3 Bedroom Unit

ARCC4500

119m2

DEVELOPMENT PROPOSAL

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B

C

D

E

F

G

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Levels 2 - 4

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No. 1 Nov 1, 2016 Author Checker

Project Number Date

Level 2

Drawn By Checked By

A103 Scale

Total Saleable Area: 1213m2 Floor Efficiency: 81.4%

1/8" = 1'-0"

10/31/2016 8:07:40 PM

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JRCK Consultants Inc.

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510 2 Bedroom Unit

509 3 Bedroom Unit

76m2

112m2

2

508 1 Bedroom Unit 71m2

3

507 2 Bedroom Unit 107m2

506 1 Bedroom Unit

4 -

74m2

SERVICE

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504 3 Bedroom Unit

505 2 Bedroom Unit 87m

No.

502 2 Bedroom Unit

119m2

94m

Description

Date

2

2

6

503 2 Bedroom Unit

7

501 3 Bedroom Unit

102m2

ARCC4500

116m2

DEVELOPMENT PROPOSAL

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Level 5 B

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No. 1 Nov 1, 2016 Author Checker

Project Number Date Drawn By

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Level 5

Checked By

A104 Scale

Total Saleable Area: 1007m2 Floor Efficiency: 78.4%

1/8" = 1'-0"

10/31/2016 8:09:32 PM

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JRCK Consultants Inc.

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610 1 Bedroom Unit 67m2

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609 3 Bedroom Unit 112m2 2

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608 1 Bedroom Unit 71m2 3

4

607 2 Bedroom Unit 107m2

606 1 Bedroom Unit

4 -

5

74m2

SERVICE No.

605 2 Bedroom Unit 87 m

2

604 1 Bedroom Unit

602 1 Bedroom Unit

74m2

52m2

Date

7

6

601 3 Bedroom Unit

102m2

8

ARCC4500

116m2

DEVELOPMENT PROPOSAL 9

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B

Level 6

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D

E

F

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Level 6

Date Drawn By Checked By

A105 Scale

Total Saleable Area: 915m2 Floor Efficiency: 75.9%

No. 1 Nov 1, 2016 Author Checker

Project Number

1/8" = 1'-0"

10/31/2016 8:10:08 PM

603 2 Bedroom Unit

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5

Description

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5

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Average Selling Price PSF % Equity Net Revenues Expenses WƌŽĮƚ WƌŽĮƚ WĞƌ ŽŽƌ Equity Required Cash on Cash Return Bank Loan й >d ; ĞďƚͿ

s >KWD Ed yW E^ ^ ^ŝƚĞ ĞǀĞůŽƉŵĞŶƚ ĞƐŝŐŶ Θ WůĂŶŶŝŶŐ DĂƌŬĞƟŶŐ Θ ^ĂůĞƐ ŽŶƐƚƌƵĐƟŽŶ Financing Tarion > dKd > s >KWD Ed yW E^ ^ Z s Eh ^ ZĞƐŝĚĞŶƟĂů ^ĂůĞƐ ŽŵŵĞƌĐŝĂů ^ĂůĞƐ E d Z s Eh ^

%140'45610' *+')*65

$519 25% $38,223,775.16 $30,085,264.52 $8,138,510.64 $137,941 $7,269,860.41 112% $21,809,581.22 75%

$3,873,174 $2,766,616 $1,383,554 $20,629,719 $1,018,822.90 $109,212.02 $103,891.46 $29,884,989

$30,466,375.05 $7,805,400 $38,271,775.05

24 BUDGET ($)

GROSS COST PSF

SALEABLE COST PSF

>ĂŶĚ с Ϯϭ͕ϰϮϴ ƐƋŌ

^& ϳϮ͕ϴϲϰ͘Ϭϳ ƐƋŌ

PERCENTAGE

NOTES

SOURCES

>ĂŶĚ ĂƌĞĂ с ϭϬ͕ϱϱϳ ƐƋŌ ;ϮϭϬ /ƐĂďĞůůĂͿ н ϭϬ͕ϴϳϭ ƐƋŌ ;ϱϳϱ ĂŶŬͿ

PRE-DEVELOPMENT >ĂŶĚ ;ϮϭϬ /ƐĂďĞůůĂͿ

2,571,360.00

28.314

35.316

8.547

>ŽĐĂů ĂǀĞƌĂŐĞ ŽĨ ΨϭϰϮͬƐƋŌ ďĂƐĞĚ ŽŶ ĐŽŵƉĂƌĂďůĞ ƐŝƚĞƐ͘ WƌŝĐĞ ŶĞŐŽƟĂďůĞ ƚŽ ΨϭϮϬͬǁǁǁ͘ZĞĂůƚŽƌ͘ĐĂ

>ĂŶĚ ;ϱϳϱ ĂŶŬͿ

1,140,615.00

12.560

15.666

3.791

>ĂŶĚ dŝƚůĞ͗ dƌĂŶƐĨĞƌ &Ğď͘ ϳ͕ ϭϵϵϳ ΨϰϭϬ͕ϬϬϬ͖ ŶŶƵĂů ĂƉƉƌĞĐŝĂƟŽŶ ŽĨ ϰ͘ϳй ĨŽƌ ϭϵ LJĞĂƌƐ͖ ƉƉƌĞĐŝĂƟŽŶ ǀĂůƵĞ ĂǀĞƌĂŐĞĚ ǁŝƚŚ ůĂŶĚ ǀĂůƵĞƐ ŝŶ ƐƵƌƌŽƵŶĚŝŶŐ ĂƌĞĂ͗ Ψϵϴϭ͕ϮϯϬ ;ĂƉƉƌĞĐŝĂƟŽŶͿ н Ψϭ͕ϯϬϬ͕ϬϬϬ ;ůŽĐĂů ĂǀĞƌĂŐĞͿ ͬϮ

ǁǁǁ͘ĂƋƵĂͲĐĂůĐ͘ĐŽŵͬĐĂůĐƵůĂƚĞͬŚŽŵĞͲǀĂůƵĞͲĂƉƉƌĞĐŝĂƟŽŶ ĨƌŽŵ d ĂŶŬ

ƌŽŬĞƌĂŐĞ &ĞĞƐ

92,799.38

1.022

1.275

0.308

Ϯ͘ϱϬй ŽĨ ůĂŶĚ ĐŽƐƚ

ŚƩƉ͗ͬ​ͬƌĞĂůĞƐƚĂƚĞĐŽŵŵŝƐƐŝŽŶ͘ĐĂͬ

>ĂŶĚ dƌĂŶƐĨĞƌ dĂdž ;ϮϭϬ /ƐĂďĞůůĂͿ

37,045

0.408

0.509

0.123

>ĂŶĚ dƌĂŶƐĨĞƌ dĂdž ĐĂůĐƵůĂƚŽƌ

ŚƩƉ͗ͬ​ͬLJĂůĞĂŶĚƉĂƌƚŶĞƌƐ͘ĐĂͬƌĞƐŽƵƌĐĞͲĐĞŶƚƌĞͬŽŶƚĂƌŝŽͲůĂŶĚͲƚƌĂŶƐĨĞƌͲƚĂdžͲĐĂůĐƵůĂƚŽƌͬ

>ĂŶĚ dƌĂŶƐĨĞƌ dĂdž ;ϱϳϱ ĂŶŬͿ

15,584

0.172

0.214

0.052

>ĂŶĚ dƌĂŶƐĨĞƌ dĂdž ĐĂůĐƵůĂƚŽƌ

ŚƩƉ͗ͬ​ͬLJĂůĞĂŶĚƉĂƌƚŶĞƌƐ͘ĐĂͬƌĞƐŽƵƌĐĞͲĐĞŶƚƌĞͬŽŶƚĂƌŝŽͲůĂŶĚͲƚƌĂŶƐĨĞƌͲƚĂdžͲĐĂůĐƵůĂƚŽƌͬ

>ĞŐĂů &ĞĞƐ ;>ĂŶĚ ĐƋƵŝƐŝƟŽŶͿ

5,000

0.055

0.069

0.017

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ

'ŽǁůŝŶŐƐ

>ĞŐĂů &ĞĞƐ ;>ĂŶĚ dŝƚůĞ ďƐŽůƵƚĞƐͿ

10,000

0.110

0.137

0.033

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ

'ŽǁůŝŶŐƐ

ZĞƋƵĞƐƚ ĨŽƌ ZĞůĞĂƐĞ ŽĨ ŐƌĞĞŵĞŶƚ

200

0.002

0.003

0.001

ŝƚLJ ŽĨ KƩĂǁĂ

ZĞůĞĂƐĞ ŽĨ DŝƐĐ͘ ŐƌĞĞŵĞŶƚ ƌŝƐŝŶŐ &ƌŽŵ ĞǀĞůŽƉŵĞŶƚ ŽƐƚƐ

570

0.006

0.008

0.002

ŝƚLJ ŽĨ KƩĂǁĂ

dKd > > E ͗

3,873,174.00

42.6

53.2

12.9

BUDGET ($)

GROSS COST PSF

SALEABLE COST PSF

PERCENTAGE

'& с ϵϬ͕ϭϱϯ͘Ϭϱ ƐƋŌ

^& с ϳϮ͕ϴϲϰ͘Ϭϳ ƐƋŌ

NOTES

SOURCES

'& с ϳϱ͕ϭϰϴ͘ϭϳ ƐƋŌ ;ZĞƐŝĚĞŶƟĂůͿ н ϭϱ͕ϬϬϰ͘ϴϴ ƐƋŌ ; ŽŵŵĞƌĐŝĂůͿ ^& с ϱϵ͕ϴϱϰ͘ϴϮ ;ZĞƐŝĚĞŶƟĂůͿ н ϭϯ͕ϬϬϵ͘Ϯϱ ƐƋŌ ; ŽŵŵĞƌĐŝĂůͿ

^/'E Θ W> EE/E' WZK& ^^/KE > ^/'E & ^ ƌĐŚŝƚĞĐƚ

1,040,524.82

11.458

14.291

3.459

ϱй ŽĨ ŽŶƐƚƌƵĐƟŽŶ ĐŽƐƚ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ĂƌĐŚ͘ŵĐŐŝůů͘ĐĂͬƉƌŽĨͬĐŽǀŽͬĂƌĐŚϲϳϰͬǁŝŶƚĞƌϮϬϬϵͬĚŽĐƐͬZ / йϮϬEĞǁйϮϬ'ƵŝĚĞͲ ĂƌĐŚŝƚĞĐƚƐͺƐĞƌǀŝĐĞͺĨĞĞ͘ƉĚĨ

> ƌĐŚŝƚĞĐƚ

10,405.25

0.115

0.143

0.035

ϭй ŽĨ ƚŽƚĂů ĂƌĐŚŝƚĞĐƵƌĂů ĐŽƐƚ

ŚƩƉ͗ͬ​ͬŚƉĂĐ͘ĐŽŵͬĂƌĐŚŝǀĞͬƚƌƵĞͲĐŽƐƚͲůĞĞĚͲĐĞƌƟĮĞĚͲŐƌĞĞŶͲďƵŝůĚŝŶŐƐ

^ƚƌƵĐƚƵƌĂů ŶŐŝŶĞĞƌ

208,105

2.292

2.858

0.692

ϭй ŽĨ ĐŽŶƐƚƌƵĐƟŽŶ ĐŽƐƚ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ĂƌĐŚ͘ŵĐŐŝůů͘ĐĂͬƉƌŽĨͬĐŽǀŽͬĂƌĐŚϲϳϰͬǁŝŶƚĞƌϮϬϬϵͬĚŽĐƐͬZ / йϮϬEĞǁйϮϬ'ƵŝĚĞͲ ĂƌĐŚŝƚĞĐƚƐͺƐĞƌǀŝĐĞͺĨĞĞ͘ƉĚĨ

DĞĐŚĂŶŝĐĂů ŶŐŝŶĞĞƌ

208,105

2.292

2.858

0.692

ϭй ŽĨ ĐŽŶƐƚƌƵĐƟŽŶ ĐŽƐƚ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ĂƌĐŚ͘ŵĐŐŝůů͘ĐĂͬƉƌŽĨͬĐŽǀŽͬĂƌĐŚϲϳϰͬǁŝŶƚĞƌϮϬϬϵͬĚŽĐƐͬZ / йϮϬEĞǁй ϮϬ'ƵŝĚĞͲĂƌĐŚŝƚĞĐƚƐͺƐĞƌǀŝĐĞͺĨĞĞ͘ƉĚĨ

ůĞĐƚƌŝĐĂů ŶŐŝŶĞĞƌ

208,105

2.292

2.858

0.692

ϭй ŽĨ ĐŽŶƐƚƌƵĐƟŽŶ ĐŽƐƚ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ĂƌĐŚ͘ŵĐŐŝůů͘ĐĂͬƉƌŽĨͬĐŽǀŽͬĂƌĐŚϲϳϰͬǁŝŶƚĞƌϮϬϬϵͬĚŽĐƐͬZ / йϮϬEĞǁй ϮϬ'ƵŝĚĞͲĂƌĐŚŝƚĞĐƚƐͺƐĞƌǀŝĐĞͺĨĞĞ͘ƉĚĨ

> ŶŐŝŶĞĞƌ

6,243

0.069

0.086

0.021

ϭй ƚŽƚĂů ĞŶŐŝŶĞĞƌŝŶŐ ĐŽƐƚƐ

ŚƩƉ͗ͬ​ͬŚƉĂĐ͘ĐŽŵͬĂƌĐŚŝǀĞͬƚƌƵĞͲĐŽƐƚͲůĞĞĚͲĐĞƌƟĮĞĚͲŐƌĞĞŶͲďƵŝůĚŝŶŐƐ

'ĞŽƚĞĐŚŶŝĐĂů

5,000

0.055

0.069

0.017

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ

/ / 'ƌŽƵƉ ƌĐŚŝƚĞĐƚƐ

^ƵƌǀĞLJŽƌ

2,000

0.022

0.027

0.007

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ

/ / 'ƌŽƵƉ ƌĐŚŝƚĞĐƚƐ

25 /ŶƚĞƌŝŽƌ ĞƐŝŐŶĞƌ

55,000

0.606

0.755

0.183

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ

/ / 'ƌŽƵƉ ƌĐŚŝƚĞĐƚƐ

ĐŽƵƐƟĐĂů ŽŶƐƵůƚĂŶƚ

2,000

0.022

0.027

0.007

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ

/ / 'ƌŽƵƉ ƌĐŚŝƚĞĐƚƐ

dƌĂŶƐƉŽƌƚĂƟŽŶ ŽŶƐƵůĂƚĂŶƚ

6,000

0.066

0.082

0.020

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ

EŽǀĂƚĞĐŚ

WůĂŶŶŝŶŐ ĂŶĚ hƌďĂŶ ŽŶƐƵůĂƚĂŶƚ

8,000

0.088

0.110

0.027

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ

EŽǀĂƚĞĐŚ

ƵŝůĚŝŶŐ ŶǀĞůŽƉĞ ŽŶƐƵůƚĂŶƚ

5,000

0.055

0.069

0.017

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ

EŽǀĂƚĞĐŚ

WƌŽũĞĐƚ DĂŶĂŐĞƌ

416,210

4.583

5.716

1.383

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ͕ Ϯй ŽĨ ĐŽŶƐƚƌƵĐƟŽŶ ĐŽƐƚ

Z ĂŶŬ ĂŶĚ ZĞĂů ƐƚĂƚĞ ŝǀŝƐŝŽŶ

>ĞŐĂů &ĞĞƐ

16,000

0.176

0.220

0.053

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ

'ŽǁůŝŶŐƐ

ŽŶƟŶŐĞŶĐLJ

164,614

1.813

2.261

0.547

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ͕ ϳй ƚŽƚĂů ƉƌŽĨĞƐƐŝŽŶĂů ĨĞĞƐ

Z ĂŶŬ ĂŶĚ ZĞĂů ƐƚĂƚĞ ŝǀŝƐŝŽŶ

ŝƐďƵƌƐĞŵĞŶƚƐ

154,927

1.706

2.128

0.515

ĂůůĞĚ ĨŽƌ ĞƐƟŵĂƚĞ͕ ϰй ƚŽƚĂů ƉƌĞĚĞǀĞůŽƉŵĞŶƚ ĐŽƐƚ

Z ĂŶŬ ĂŶĚ ZĞĂů ƐƚĂƚĞ ŝǀŝƐŝŽŶ

dKd > WZK& ^^/KE > & ^ ͗

2,516,238.74

27.707

34.559

8.364

ĞŵŽůŝƟŽŶ WĞƌŵŝƚ

150

0.002

0.002

0.000

ΨϵϬ ĨŽƌ ĮƌƐƚ ϱϬϬϬƐƋŌ͕ Ψϵ͘ϵϬ ƉĞƌ ĞĂĐŚ ĂĚĚŝƟŽŶĂů ϭϬϬϬƐƋŌ͖ ΨϵϬ н ($9.90*6)

ŝƚLJ ŽĨ KƩĂǁĂ

ĞŵŽůŝƟŽŶ ŽŶƚƌŽů

2,678.06

0.029

0.037

0.009

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬĐŝƚLJͲŚĂůůͬƉůĂŶŶŝŶŐͲĂŶĚͲĚĞǀĞůŽƉŵĞŶƚͬŚŽǁͲĚĞǀĞůŽƉͲ ƉƌŽƉĞƌƚLJͬĨĞĞƐ

ƵŝůĚŝŶŐ WĞƌŵŝƚ ĚŵŝŶ ^ƵƌĐŚĂƌŐĞ

10,000

0.110

0.137

0.033

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬƌĞƐŝĚĞŶƚƐͬďƵŝůĚŝŶŐͲĂŶĚͲƌĞŶŽǀĂƟŶŐͬĨŽƌŵƐͲĂƉƉůŝĐĂƟŽŶƐͲĂŶĚͲ ĨĞĞƐͬĐŽŵƉƌĞŚĞŶƐŝǀĞͲďƵŝůĚŝŶŐͲĐŽĚĞͲĨĞĞ

ŝǀŝĐ EƵŵďĞƌ ŚĂŶŐĞ

215

0.002

0.003

0.001

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬĐŝƚLJͲŚĂůůͬƉůĂŶŶŝŶŐͲĂŶĚͲĚĞǀĞůŽƉŵĞŶƚͬŚŽǁͲĚĞǀĞůŽƉͲ ƉƌŽƉĞƌƚLJͬĨĞĞƐ

ĂƐĞŵĞŶƚ ;WĂƌŬŝŶŐͿ

5558.48

0.061

0.076

0.018

'ƌŽƵƉ &͗ ΨϬ͘ϰϬͬƐƋŌ ;ΨϬ͘ϰϬ dž ϭϯ͕ϴϵϲ͘ϮϭƐƋŌͿ

ŚƩƉ͗ͬ​ͬĚŽĐƵŵĞŶƚƐ͘ŽƩĂǁĂ͘ĐĂͬƐŝƚĞƐͬĚŽĐƵŵĞŶƚƐ͘ŽƩĂǁĂ͘ ĐĂͬĮůĞƐͬĚŽĐƵŵĞŶƚƐͬŐƌŽƐƐͺŇŽŽƌͺĨĞĞͺƐŬĞĚͺĞŶ͘ƉĚĨ

'ƌŽƵŶĚ &ůŽŽƌ ; ŽŵŵĞƌĐŝĂůͿ

15,304.98

0.169

0.210

0.051

'ƌŽƵƉ ͗ Ψϭ͘ϬϮͬƐƋŌ ;Ψϭ͘ϬϮ dž ϭϱ͕ϬϬϰ͘ϴϴƐƋŌͿ

ŚƩƉ͗ͬ​ͬĚŽĐƵŵĞŶƚƐ͘ŽƩĂǁĂ͘ĐĂͬƐŝƚĞƐͬĚŽĐƵŵĞŶƚƐ͘ŽƩĂǁĂ͘ ĐĂͬĮůĞƐͬĚŽĐƵŵĞŶƚƐͬŐƌŽƐƐͺŇŽŽƌͺĨĞĞͺƐŬĞĚͺĞŶ͘ƉĚĨ

&ůŽŽƌƐ ϮͲϲ ;ZĞƐŝĚĞŶƟĂůͿ

76,651.13

0.844

1.053

0.255

'ƌŽƵƉ ͗ Ψϭ͘ϬϮͬƐƋŌ ;Ψϭ͘ϬϮ dž ϳϱ͕ϭϰϴ͘ϭϳƐƋŌͿ

ŚƩƉ͗ͬ​ͬĚŽĐƵŵĞŶƚƐ͘ŽƩĂǁĂ͘ĐĂͬƐŝƚĞƐͬĚŽĐƵŵĞŶƚƐ͘ŽƩĂǁĂ͘ ĐĂͬĮůĞƐͬĚŽĐƵŵĞŶƚƐͬŐƌŽƐƐͺŇŽŽƌͺĨĞĞͺƐŬĞĚͺĞŶ͘ƉĚĨ

dĞŵƉŽƌĂƌLJ ŽŶƐƚƌƵĐƟŽŶ ZĞůĂƚĞĚ 7,016 ŶĐƌŽĂĐŚŵĞŶƚ WĞƌŵŝƚ

0.077

0.000

0.023

Ψϱϲ ĨĞĞ ƉůƵƐ ĚĂŝůLJ ΨϮϵ ĨĞĞ͕ ĂƐƐƵŵŝŶŐ ϱ ĚĂLJƐͬǁĞĞŬ ƌĞƋƵŝƌĞĚ ĨŽƌ ϭ LJĞĂƌ Ψϱϲ н ΀ϭϮŵŽŶƚŚƐ dž ;ΨϮϵ dž ϮϬĚĂLJƐͿ΁

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬƉĞƌŵŝƚƐͲďƵƐŝŶĞƐƐͲůŝĐĞŶĐĞƐͲĂŶĚͲĂƉƉůŝĐĂƟŽŶƐͬƚĞŵƉŽƌĂƌLJͲ ĐŽŶƐƚƌƵĐƟŽŶͲƌĞůĂƚĞĚͲĞŶĐƌŽĂĐŚŵĞŶƚͲƉĞƌŵŝƚ

ĞƌƟĮĐĂƟŽŶ ŽĨ DĂƐƚĞƌ WůĂŶ

80

0.001

0.000

0.000

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬƌĞƐŝĚĞŶƚƐͬďƵŝůĚŝŶŐͲĂŶĚͲƌĞŶŽǀĂƟŶŐͬĨŽƌŵƐͲĂƉƉůŝĐĂƟŽŶƐͲĂŶĚͲ ĨĞĞƐͬĐŽŵƉƌĞŚĞŶƐŝǀĞͲďƵŝůĚŝŶŐͲĐŽĚĞͲĨĞĞ

WůĂŶ ŽĨ ŽŶĚŽ ;WƵďůŝĐ ĐŽŶƐƵůƚĂƟŽŶ ǁŝƚŚ ŽŶĐƵƌƌĞŶƚ ƐŝƚĞ ƉůĂŶͿ

14682.82

0.162

0.000

0.049

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬĐŝƚLJͲŚĂůůͬƉůĂŶŶŝŶŐͲĂŶĚͲĚĞǀĞůŽƉŵĞŶƚͬŚŽǁͲĚĞǀĞůŽƉͲ ƉƌŽƉĞƌƚLJͬĨĞĞƐ

ŽŶƐŽůŝĚĂƟŽŶ ŐƌĞĞŵĞŶƚ

200

0.002

0.000

0.001

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬĐŝƚLJͲŚĂůůͬƉůĂŶŶŝŶŐͲĂŶĚͲĚĞǀĞůŽƉŵĞŶƚͬŚŽǁͲĚĞǀĞůŽƉͲ ƉƌŽƉĞƌƚLJͬĨĞĞƐ

/ŶŝƟĂů ŽŶƐĞƌǀĂƟŽŶ ƵƚŚŽƌŝƚLJ &ĞĞ

100

0.001

0.000

0.000

DŝŶŽƌ sĂƌŝĂŶĐĞ ^ŝŐŶ WĞƌŵŝƚ

1,865

0.021

0.000

0.006

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬƌĞƐŝĚĞŶƚƐͬďƵŝůĚŝŶŐͲĂŶĚͲƌĞŶŽǀĂƟŶŐͬĨŽƌŵƐͲĂƉƉůŝĐĂƟŽŶƐͲĂŶĚͲ ĨĞĞƐͬĐŽŵƉƌĞŚĞŶƐŝǀĞͲďƵŝůĚŝŶŐͲĐŽĚĞͲĨĞĞ

^ƚƌĞĞƚ Ě ^ŝŐŶ WĞƌŵŝƚ

565

0.006

0.000

0.002

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬƌĞƐŝĚĞŶƚƐͬďƵŝůĚŝŶŐͲĂŶĚͲƌĞŶŽǀĂƟŶŐͬĨŽƌŵƐͲĂƉƉůŝĐĂƟŽŶƐͲĂŶĚͲ ĨĞĞƐͬĐŽŵƉƌĞŚĞŶƐŝǀĞͲďƵŝůĚŝŶŐͲĐŽĚĞͲĨĞĞ

ĞǀĞůŽƉŵĞŶƚ ^ŝŐŶ WĞƌŵŝƚ

1,265

0.014

0.000

0.004

ĞǀĞůŽƉŵĞŶƚ ƌĞĂ х ϱ͕ϬϬϬƐƋŵ

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬƌĞƐŝĚĞŶƚƐͬďƵŝůĚŝŶŐͲĂŶĚͲƌĞŶŽǀĂƟŶŐͬĨŽƌŵƐͲĂƉƉůŝĐĂƟŽŶƐͲĂŶĚͲ ĨĞĞƐͬĐŽŵƉƌĞŚĞŶƐŝǀĞͲďƵŝůĚŝŶŐͲĐŽĚĞͲĨĞĞ

^ŝƚĞ WůĂŶ ŽŶƚƌŽů

22,184.00

0.244

0.000

0.074

ΨϯϳϲͬhŶŝƚ dž ϱϵ ƵŶŝƚƐ

K ƐŝƚĞ ƉůĂŶ ƉƌŽĐĞƐƐ

W ZD/d^ Θ s >KWD Ed , Z' ^͗

ŽŶƐƚƌƵĐƟŽŶ WĞƌŵŝƚƐ͗

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬƌĞƐŝĚĞŶƚƐͬďƵŝůĚŝŶŐͲĂŶĚͲƌĞŶŽǀĂƟŶŐͬĨŽƌŵƐͲĂƉƉůŝĐĂƟŽŶƐͲĂŶĚͲ ĨĞĞƐͬĐŽŵƉƌĞŚĞŶƐŝǀĞͲďƵŝůĚŝŶŐͲĐŽĚĞͲĨĞĞ

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬƌĞƐŝĚĞŶƚƐͬďƵŝůĚŝŶŐͲĂŶĚͲƌĞŶŽǀĂƟŶŐͬĨŽƌŵƐͲĂƉƉůŝĐĂƟŽŶƐͲĂŶĚͲ ĨĞĞƐͬĐŽŵƉƌĞŚĞŶƐŝǀĞͲďƵŝůĚŝŶŐͲĐŽĚĞͲĨĞĞ

26 WĂƌŬůĂŶĚ &ĞĞƐ

111,359

ϯй ŽĨ ůĂŶĚ ǀĂůƵĞ

ŚƩƉ͗ͬ​ͬŽƩĂǁĂ͘ĐĂͬĞŶͬĐŝƚLJͲŚĂůůͬƉůĂŶŶŝŶŐͲĂŶĚͲĚĞǀĞůŽƉŵĞŶƚͬŚŽǁͲĚĞǀĞůŽƉͲ ƉƌŽƉĞƌƚLJͬĨĞĞƐ

1.226

0.000

0.370

dKd > W ZD/d^ 269,874.72 Θ s >KWD Ed , Z' ^͗

2.972

3.707

0.897

dKd > ^/'E Θ W> EE/E' ͗

2,786,113.46

30.7

38.3

9.261

^ĂůĞƐ ĞŶƚƌĞ >ĞĂƐĞ

120,000

1.321

1.648

0.399

ΨϮϬͬƐƋŌ dž ϯϬϬϬƐƋŌ ĨŽƌ Ϯϰ ŵŽŶƚŚƐ

^ĂůĞƐ ĞŶƚƌĞ &ƵƌŶŝƐŚŝŶŐ

80,000

0.881

1.099

0.266

ΨϰϬͬƐƋŌ dž ϮϬϬϬƐƋŌ ƐŚŽǁ ƐƉĂĐĞ

^ĂůĞƐ ƐƐŽĐŝĂƚĞƐ

86,400

0.951

1.187

0.287

Ϯ ^ĂůĞƐ ƐƐŽĐŝĂƚĞƐ ĨŽƌ ϰϬ ŚŽƵƌƐͬǁĞĞŬ ĨŽƌ Ϯϰ ŵŽŶƚŚƐ Ăƚ Ψϭϭ͘ϮϱͬŚŽƵƌ

>ŽŐŽ ĞƐŝŐŶ

2,000

0.022

0.027

0.007

tĞďƐŝƚĞ ĞǀĞůŽƉŵĞŶƚ

57,000

0.628

0.783

0.189

WƌŝĐĞƐ ƌĂŶŐĞ ĨƌŽŵ Ψϭϱ͕ϬϬϬ Ͳ ΨϭϬϬ͕ϬϬϬ͕ ĂƉƉƌŽdžŝŵĂƚĞ ŵĞĚŝĂŶ ǀĂůƵĞ ƵƐĞĚ

ǁǁǁ͘ ƟůƵƐ͘ĐŽŵ

^ŽĐŝĂů DĞĚŝĂ DĂƌŬĞƟŶŐ

24,000

0.264

0.330

0.080

ΨϮϬϬϬͬŵŽŶƚŚ dž ϭϮ ŵŽŶƚŚƐ

ǁǁǁ͘ĐŽŶƚĞŶƞĂĐ͘ĐŽŵ

WƌŝŶƚ ĚǀĞƌƟƐĞŵĞŶƚ ;KƩĂǁĂ ŝƟnjĞŶͿ

53,000

0.584

0.728

0.176

ΨϮϲϱϬͬĚĂLJ ĨŽƌ ϮϬ ĚĂLJƐ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ŽƩĂǁĂĐŝƟnjĞŶ͘ĐŽŵͬĂďŽƵƚͲŽƩĂǁĂͲĐŝƟnjĞŶͬƉĚĨͬϮϬϭϮͲ ϮϬϭϯͬWƌŝŶƚͺZĂƚĞĐĂƌĚϭϯ͘ƉĚĨ

ƌŽĐŚƵƌĞƐ

560

0.006

0.008

0.002

ΨϮϴͬϭϬϬ ƵŶŝƚƐ dž ϮϬϬϬ ƵŶŝƚƐ

ǁǁǁ͘ŶĞǁƉƌŝŶƚ͘ĐĂ

WŚLJƐŝĐĂů DŽĚĞů

5000

0.055

0.069

0.017

ƌŽŬĞƌĂŐĞ Ͳ ZĞƐŝĚĞŶƟĂů

608,367.50

6.699

8.356

2.022

Ϯ͘ϱй ŐƌŽƐƐ ZĞƐŝĚĞŶƟĂů ƵŶŝƚ ƐĂůĞƐ ƌĞǀĞŶƵĞ

ƌŽŬĞƌĂŐĞ Ͳ ŽŵŵĞƌĐŝĂů

195,135

2.149

2.680

0.649

Ϯ͘ϱй ŐƌŽƐƐ ŽŵŵĞƌĐŝĂů ƵŶŝƚ ƐĂůĞƐ ƌĞǀĞŶƵĞ

ŽͲ ƌŽŬĞƌĂŐĞ

152,091.88

1.675

2.089

0.506

Ϯ͘ϱй ŐƌŽƐƐ ƵŶŝƚ ƐĂůĞƐ ƌĞǀĞŶƵĞ

dKd > D Z< d/E' Θ ^ > ^ ͗

1,383,554

15.235

19.002

4.093

ŽŶƐƚƌƵĐƟŽŶ ŽƐƚ

16,904,625

186.144

232.174

56.189

ZĞƐŝĚĞŶƟĂů ;ϳϱ͕ϭϰϴ͘ϭϳ ƐƋŌͿ Λ ΨϭϵϱͬƐƋŌ с Ψϭϰ͕ϲϱϯ͕ϴϵϯ͘Ϯ ŚƩƉ͗ͬ​ͬǁǁǁ͘ĂůƚƵƐŐƌŽƵƉ͘ĐŽŵͬŵĞĚŝĂͬϭϭϲϬͬĐŽƐƚŐƵŝĚĞͺϮϬϭϰͺǁĞď͘ƉĚĨ ŽŵŵĞƌĐŝĂů ;ϭϱ͕ϬϬϰ͘ϴϴ ƐƋŌͿ Λ ΨϭϱϬͬƐƋŌ с ΨϮ͕ϮϱϬ͕ϳϯϮ

WĂƌŬŝŶŐ ŽƐƚƐ

1,945,469

21.422

26.720

6.467

ϭϯ͕ϴϵϲ͘Ϯϭ ƐƋŌ Λ ΨϭϰϬͬƐƋŌ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ĂůƚƵƐŐƌŽƵƉ͘ĐŽŵͬŵĞĚŝĂͬϭϭϲϬͬĐŽƐƚŐƵŝĚĞͺϮϬϭϰͺǁĞď͘ƉĚĨ

ůĞǀĂƚŽƌƐ

219,000

2.411

3.008

0.728

ΨϭϬϵ͕ϱϬϬ ƉĞƌ ĞůĞǀĂƚŽƌ dž Ϯ ĞůĞǀĂƚŽƌƐ

ǁǁǁ͘ĐŵĚ͘ĐŽŵͬƐŵĂƌƚďƵŝůĚŝŶŐŝŶĚĞdžͬĞůĞǀĂƚŽƌƐͬĐŽƐƚƐ

ŽŶƐƚƌƵĐƟŽŶ ŽŶƟŶŐĞŶĐLJ

800,404

8.814

10.993

2.660

ϰй ƚŽƚĂů ĐŽŶƐƚƌƵĐƟŽŶ ĐŽƐƚ͕ ĂƐ ƌĞĐŽŵŵĞŶĚĞĚ ďLJ ƵƐŝŶĞƐƐ ĞǀĞůŽƉŵĞŶƚ ĂŶŬ ŽĨ ĂŶĂĚĂ

ŚƩƉƐ͗ͬ​ͬǁǁǁ͘ďĚĐ͘ĐĂͬĞŶͬĂƌƟĐůĞƐͲƚŽŽůƐͬŵŽŶĞLJͲĮŶĂŶĐĞͬŐĞƚͲĮŶĂŶĐŝŶŐͬƉĂŐĞƐͬƟƉƐͲŶĞǁͲ ĐŽŵŵĞƌĐŝĂůͲďƵŝůĚƐ͘ĂƐƉdž͍ĐĂ/ĚсƚĂďƐͲϱ

89,488

0.985

1.229

0.297

Ψϭϱϵϴ dž ϱϲ ƵŶŝƚƐ

ŚƩƉƐ͗ͬ​ͬǁǁǁ͘ŚŽŵĞĚĞƉŽƚ͘ĐĂ

D Z< d/E' E ^ > ^ KDD/^/KE^

ŚƩƉ͗ͬ​ͬƌĞĂůƚŽƌŵĂŐ͘ƌĞĂůƚŽƌ͘ŽƌŐͬŚŽŵĞͲĂŶĚͲĚĞƐŝŐŶͬĂƌĐŚŝƚĞĐƚƵƌĞͲ ĐŽĂĐŚͬĂƌƟĐůĞͬϮϬϭϯͬϬϲͬŚŽǁͲŵƵĐŚͲĚŽĞƐͲŝƚͲƌĞĂůůLJͲĐŽƐƚͲĚĞĐŽƌĂƚĞ

ǁǁǁ͘ŚŽǁŵƵĐŚĚŽĞƐĂůŽŐŽĐŽƐƚ͘ĐŽŵ

KE^dZh d/KE

ƉƉůŝĂŶĐĞƐ͗ ^ &/E/^, ^ , h> ^ƚŽǀĞ

27 DŝĐƌŽǁĂǀĞ

15,568

0.171

0.214

0.052

ΨϮϳϴ dž ϱϲƵŶŝƚƐ

ŚƩƉƐ͗ͬ​ͬǁǁǁ͘ŚŽŵĞĚĞƉŽƚ͘ĐĂ

&ƌŝĚŐĞ

93,184

1.026

1.280

0.310

Ψϭϲϲϰ dž ϱϲ ƵŶŝƚƐ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ƌŽŶĂ͘ĐĂ

tĂƐŚĞƌͬ ƌLJĞƌ

80,976

0.892

1.112

0.269

Ψϭϰϰϲ dž ϱϲ ƵŶŝƚƐ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ƌŽŶĂ͘ĐĂ

ŝƐŚǁĂƐŚĞƌ

47,488

0.523

0.652

0.158

Ψϴϰϴ dž ϱϲ ƵŶŝƚƐ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ƌŽŶĂ͘ĐĂ

ŝƌ ĐŽŶĚŝƟŽŶĞƌ

614,294

6.764

8.437

2.042

ϭϬϰ͕ϬϰϵƐƋŌ Λ ΨϲͬƐƋŌ ;ƌĂƚĞ ŽĨ ΨϲϬϬϬͬϭϬϬϬƐƋŌͿ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ƐĞƌǀŝĐĞĐŚĂŵƉŝŽŶƐ͘ŶĞƚͬďůŽŐͬŚŽǁͲŵƵĐŚͲĚŽĞƐͲĂͲŚǀĂĐͲƐLJƐƚĞŵͲĐŽƐƚͬ

dKd > KE^dZh d/KE ͗

20,810,496

229.2

285.8

69.2

Z >ŽĂŶ /ŶƚĞƌĞƐƚ

812,324.10

8.945

11.157

2.700

ϯ͘ϳϬй

ŽŵŵŝƚŵĞŶƚ &ĞĞ

152,667.07

1.681

2.097

0.507

Ϭ͘ϳй ŽĨ ůŽĂŶ͕ ĂůůĞĚ ĨŽƌ ŝŶƋƵŝƌLJ

ZŽLJĂů ĂŶŬ

>ĞŐĂů &ĞĞƐ ; ĂŶŬ &ĞĞƐͿ

8,000

0.088

0.110

0.027

ĂůůĞĚ ĨŽƌ ŝŶƋƵŝƌLJ

ZŽLJĂů ĂŶŬ

>ĞŐĂů &ĞĞƐ ;DŽƌƚŐĂŐĞͿ

5,000

0.055

0.069

0.017

ĂůůĞĚ ĨŽƌ ŝŶƋƵŝƌLJ

ZŽLJĂů ĂŶŬ

WƌŽƉĞƌƚLJ dĂdžĞƐ

40,831.73

0.450

0.561

0.136

dKd > &/E E /E'

1,018,822.90

11.219

13.993

3.386

EĞǁ ,ŽŵĞ ƵŝůĚĞƌ ZĞŐŝƐƚƌĂƟŽŶ &ĞĞ

2500

0.028

0.034

0.008

&ŝdžĞĚ ƉƌŝĐĞ

ŚƩƉƐ͗ͬ​ͬǁǁǁ͘ƚĂƌŝŽŶ͘ĐŽŵͬďƵŝůĚĞƌƐͬƉŽůŝĐŝĞƐͲŐƵŝĚĞůŝŶĞƐͬ ƵŝůĚĞƌй ϮϬ ƵůůĞƟŶƐͬ ƵŝůĚĞƌ ƵůůĞƟŶϮϲ:ƵŶĞϮϬϭϬ͘ƉĚĨ

tĂƌƌĂŶƚLJ ŶƌŽůůŵĞŶƚ &ĞĞ

63212.02

0.696

0.868

0.210

^ĞĞ dĂƌŝŽŶ ŶƌŽůŵĞŶƚ ƌĞĂŬĚŽǁŶ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ƚĂƌŝŽŶ͘ĐŽŵͬƌĞƐŽƵƌĐĞƐͬƉƵďůŝĐĂƟŽŶƐͬdĂƌŝŽŶйϮϬWƵďůŝĐĂƟŽŶƐйϮϬ ƐƐĞƚй ϮϬ>ŝďƌĂƌLJͬ ƵŝůĚĞƌйϮϬ ƵůůĞƟŶƐйϮϬEŽ͘ϮϳZͬ ϮϳZйϮϬͲйϮϬ ŶƌŽůŵĞŶƚйϮϬtĂƌƌĂŶƚLJй ϮϬ&ĞĞйϮϬ^ƚƌƵĐƚƵƌĞ͘ƉĚĨ

/ŶƐƉĞĐƟŽŶ &ĞĞ

29,500

0.325

0.405

0.098

ƐƐƵŵŝŶŐ ŵŽĚĞƌĂƚĞ ŝŶƐƉĞĐƟŽŶƐ ĨŽƌ ŶĞǁ ďƵŝůĚĞƌ ŝŶ ŐŽŽĚ ƐƚĂŶĚŝŶŐ ΨϭϱϬϬͬϯ ƵŶŝƚƐ dž ϱϵ ƵŶŝƚƐ

ŚƩƉ͗ͬ​ͬǁǁǁ͘ƚĂƌŝŽŶ͘ĐŽŵͬŶĞǁͲŚŽŵĞͲďƵŝůĚĞƌƐͬƉŽůŝĐŝĞƐͲĂŶĚͲŐƵŝĚĞůŝŶĞƐͬďƵŝůĚĞƌй ϮϬďƵůůĞƟŶƐͬďƵŝůĚĞƌďƵůůĞƟŶϯϭƌĞǀŝƐĞĚũƵůLJͺϭϬ͘ƉĚĨ

dĂƌŝŽŶ >ĞŐĂů

14,000

0.154

0.192

0.047

ƐƐƵŵŝŶŐ Ă ĨĞĞ ŽĨ ΨϯϱϬͬŚŽƵƌ dž ϰϬ ŚŽƵƌƐ ŽĨ ǁŽƌŬ

dKd > d Z/KE

109212.02

1.203

1.500

0.363

> ZĞŐŝƐƚƌĂƟŽŶ ĂŶĚ ĞƌƟĮĐĂƟŽŶ

13,737.46

0.151

0.189

0.046

ZĞŐŝƐƚƌĂƟŽŶ͗ ΨϬ͘ϮϬͬƐƋŵ dž ϴϳϯϱ͘ϱ ƐƋŵ ŚƩƉ͗ͬ​ͬǁǁǁ͘ƵƐŐďĐ͘ŽƌŐͬĐĞƌƚͲŐƵŝĚĞͬĨĞĞƐ ĞƌƟĮĐĂƟŽŶ͗ ΨϬ͘ϭϯϯͬƐƋŌ dž ϵϬ͕ϭϱϯ͘Ϭϱ ƐƋŌ

LEED Fees

90,154

0.993

1.238

0.300

ƉƉƌŽdž͘ Ψϭ͘ϬϬͬƐƋŌ dž ϵϬ͕ϭϱϯ͘Ϭϱ ƐƋŌ

TOTAL LEED

103,891.46

1.144

1.427

0.345

dKd > yW E^ ^ ͗

30,085,264.52

331.3

413.2

99.49

&/E E /E'

KŶƚĂƌŝŽ WƌŽƉĞƌƚLJ dĂdž ƐƟŵĂƚŽƌ

d Z/KE

LEED

:Ğī ^ĂůŵŽŶ͕ >ĞĐƚƵƌĞ ϵ

JR CK

28

7.0 Revenue Summary Number of units

%140'45610' *+')*65

Average Area (sqm)

Total Area (sqm)

Average Price

Total Value

RESIDENTIAL 1 Bedroom

10

74

739

$392,490.50

$3,924,905.00

2 Bedroom

35

100

3501

$553,992.14

$19,389,725.01

3 Bedroom

11

120

1316

$650,158.64

$7,151,745.04

dŽƚĂů ZĞƐŝĚĞŶƟĂů

56

$30,466,375.05

COMMERCIAL CRU 1

1

462

462

2983200

$2,983,200.00

CRU 2

1

388

388

2505000

$2,505,000.00

CRU 3

1

359

359

2317200

$2,317,200.00

Total Commercial

3

Total Revenue

$7,805,400.00 $38,271,775.05

29 Unit # GROUND FLOOR 101 102 103 SECOND FLOOR 201 202 203 204 205 206 207 208 209 210 211 212 THIRD FLOOR 301 302 303 304 305 306 307 308 309 310 311 312 FOURTH FLOOR 401 402 403 404 405 406 407 408 409 410 411 412 FIFTH FLOOR 501 502 503 504 505 506 507 508 509 510 SIXTH FLOOR 601 602 603 604 605 606 607 608 609 610

Total:

Unit Type

ƌĞĂ ;ƐƋŌͿ

Base Price PSF

Sale Price

Parking

Storage Locker

Commercial Commercial Commercial

4972 4175 3862

600 600 600

2983200 2505000 2317200

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

1278 1104 875 979 876 1180 1020 712 1146 1025 1157 1005

515 515 515 515 515 515 515 515 515 515 515 515

658170 568560 450625 504185 451140 607700 525300 366680 590190 527875 595855 517575

35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000

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

1278 1104 875 979 876 1180 1020 712 1146 1025 1157 1005

515 515 515 515 515 515 515 515 515 515 515 515

658170 568560 450625 504185 451140 607700 525300 366680 590190 527875 595855 517575

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

1278 1104 875 979 876 1180 1020 712 1146 1025 1157 1005

515 515 515 515 515 515 515 515 515 515 515 515

658170 568560 450625 504185 451140 607700 525300 366680 590190 527875 595855 517575

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

1249 1016 1095 1280 937 800 1146 759 1200 813

515 515 515 515 515 515 515 515 515 515

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

1249 564 1095 796 937 800 1146 759 1200 813

515 515 515 515 515 515 515 515 515 515

69734

ŽͲ ƌŽŬĞƌĂŐĞ ŽŵŵŝƐƐŝŽŶƐ ;Ϯ͘ϱйͿ

Total 2983200 2505000 2317200

$74,580.00 $62,625.00 $57,930.00

3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000

696170 606560 488625 542185 489140 645700 563300 404680 628190 565875 633855 555575

$16,454.25 $14,214.00 $11,265.63 $12,604.63 $11,278.50 $15,192.50 $13,132.50 $9,167.00 $14,754.75 $13,196.88 $14,896.38 $12,939.38

35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000

3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000

696170 606560 488625 542185 489140 645700 563300 404680 628190 565875 633855 555575

$16,454.25 $14,214.00 $11,265.63 $12,604.63 $11,278.50 $15,192.50 $13,132.50 $9,167.00 $14,754.75 $13,196.88 $14,896.38 $12,939.38

35,000 35,000 35,000 35,000 35,000 35,000 35,000

3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000

696170 606560 488625 542185 489140 645700 563300 369680 593190 530875 598855 520575

$16,454.25 $14,214.00 $11,265.63 $12,604.63 $11,278.50 $15,192.50 $13,132.50 $9,167.00 $14,754.75 $13,196.88 $14,896.38 $12,939.38

643235 523240 563925 659200 482555 412000 590190 390885 618000 418695

3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000

646235 526240 566925 662200 485555 415000 593190 393885 621000 421695

$16,080.88 $13,081.00 $14,098.13 $16,480.00 $12,063.88 $10,300.00 $14,754.75 $9,772.13 $15,450.00 $10,467.38

643235 290460 563925 409940 482555 412000 590190 390885 618000 418695

3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000

646235 293460 566925 412940 485555 415000 593190 393885 621000 421695

$16,080.88 $7,261.50 $14,098.13 $10,248.50 $12,063.88 $10,300.00 $14,754.75 $9,772.13 $15,450.00 $10,467.38

$168,000

$38,271,775

$925,469.38

$37,018,775

$1,085,000

ƌŽŬĞƌĂŐĞ ŽŵŵŝƐƐŝŽŶƐ ;Ϯ͘ϱйͿ

$152,091.88

JR CK

30

9.0 Tarion Enrollment Breakdown

Price from

Price to $150,000 $200,001 $250,001 $300,001 $350,001 $400,001 $450,001 $500,001 $550,001 $600,001 $650,001 $700,001 $750,001 $800,001 $850,001 $900,001

Total Tarion Enrolment

$200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 $850,000 $900,000 $950,000 $63,212.20

%140'45610' *+')*65

Unit Enrolment Fee HST (13%) Total Count Total Enrollment Fees $500 $65.00 $565.00 0 $0.00 $570 $74.10 $644.10 0 $0.00 $640 $83.20 $723.20 1 $723.20 $710 $92.30 $802.30 0 $0.00 $780 $101.40 $881.40 8 $2,644.20 $850 $110.50 $960.50 2 $6,723.50 $920 $119.60 $1,039.60 8 $8,316.80 $1,000 $130.00 $1,130.00 11 $5,650.00 $1,050 $136.50 $1,186.50 13 $17,797.50 $1,100 $143.00 $1,243.00 10 $16,159.00 $1,150 $149.50 $1,299.50 3 $5,198.00 $1,200 $156.00 $1,356.00 0 $0.00 $1,250 $162.50 $1,412.50 0 $0.00 $1,300 $169.00 $1,469.00 0 $0.00 $1,350 $175.50 $1,525.50 0 $0.00 $1,400 $182.00 $1,582.00 0 $0.00 $63,212

JR CK

31

Appendix B

%140'45610' *+')*65

Construction Timeline Month Demolition Clean - Up Excavation Shoring Crain Installation Footings Below Grade Construction Above Grade Construction Plumbing Electrical HVAC Penthouse/ Mechanical and Elevator Machine Room Drywall Installation Windows Doors / Trims Commercial and Common Area Finishing Clean - Up Ready For Occupancy

13

14

15

16

17

18

19

20

21

22

23

24

25

26

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32

10.0 Project Timeline and Cash Flow

%140'45610' *+')*65

Project Timeline and Cashflow Project Timeline Months Phase (% of Budget)

1

2

3

4

5

6

7

8

Pre - Development Schematic Design Initial Capital

Expenses Predevelopment $3,873,174 Professional.Fees $2,516,238.74 Permits Fees $269,874.72 Marketing Sales center lease $5,000.00 $5,000.00 $5,000.00 $5,000.00 $5,000.00 $5,000.00 sales center Furnishing $80,000.00 Sales associate salary $3,600.00 $3,600.00 $3,600.00 $3,600.00 $3,600.00 $3,600.00 Remaining Sales costs $141,560.00 Broker Commission Construction Cost Financing Commitment fee and interest(RBC) $4,361.92 $4,361.92 $4,361.92 $4,361.92 $4,361.92 $4,361.92 $4,361.92 $4,361.92 $4,361.92 LEED Tarion Equity Sid N/A Investor -$7,269,860.41 RBC Mortgage Revenue Commercial Residential Storage Lockers Parking Balance -$3,122,449.77 -$601,849.10 -$597,487.18 -$362,965.27 -$350,003.35 -$337,041.43 -$324,079.51 -$311,117.59 -$298,155.67

9

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33

10.0 Project Timeline and Cash Flow

%140'45610' *+')*65

Project Timeline and Cashflow 10

11

12

13

14

15

16

17

18

19

20

Construction 80% Presale 20% Bank Draw

40% Bank Draw

$5,000.00

$5,000.00

$5,000.00

$5,000.00

$5,000.00

$5,000.00

$5,000.00

$5,000.00

$5,000.00

$5,000.00

$5,000.00

$3,600.00

$3,600.00

$3,600.00

$3,600.00

$3,600.00

$3,600.00

$3,600.00

$3,600.00

$3,600.00

$3,600.00

$3,600.00

$803,502.50 $1,600,807.38 $1,600,807.38 $4,361.92

$4,361.92

$4,361.92

-$4,361,916.25

$4,361.92

$4,361.92

$4,361.92

$1,600,807.38 $1,600,807.38 $1,600,807.38 $1,600,807.38 $1,600,807.38 $4,361.92

$4,361.92

$4,361.92

$4,361.92

$4,361.92

-$4,361,916.25

-$6,244,320.00 -$24,373,100.00 -$96,000.00 -$868,000.00 -$285,193.75 -$272,231.8 -$35,312,703.66-$35,299,741.7 -$33,685,972.4 -$32,085,165.1-$30,484,357.68-$33,245,466.6-$31,631,697.3-$30,030,889.9 -$28,430,082.5

JR CK

34

10.0 Project Timeline and Cash Flow

%140'45610' *+')*65

Project Timeline and Cashflow Project Timeline Months Phase (% of Budget)

1

2

3

4

5

6

7

8

Pre - Development Schematic Design Initial Capital

Expenses Predevelopment $3,873,174 Professional.Fees $2,516,238.74 Permits Fees $269,874.72 Marketing Sales center lease $5,000.00 $5,000.00 $5,000.00 $5,000.00 $5,000.00 $5,000.00 sales center Furnishing $80,000.00 Sales associate salary $3,600.00 $3,600.00 $3,600.00 $3,600.00 $3,600.00 $3,600.00 Remaining Sales costs $141,560.00 Broker Commission Construction Cost Financing Commitment fee and interest(RBC) $4,361.92 $4,361.92 $4,361.92 $4,361.92 $4,361.92 $4,361.92 $4,361.92 $4,361.92 $4,361.92 LEED Tarion Equity Sid N/A Investor -$7,269,860.41 RBC Mortgage Revenue Commercial Residential Storage Lockers Parking Balance -$3,122,449.77 -$601,849.10 -$597,487.18 -$362,965.27 -$350,003.35 -$337,041.43 -$324,079.51 -$311,117.59 -$298,155.67

9

JR CK

35

10.0 Project Timeline and Cash Flow

%140'45610' *+')*65

Project Timeline and Cashflow 30

31

32

80% Presale

33

34

20% Final Sale Close Out

35

36

%20 Final Sale Close-out

$192, 091.00

$4,361.92

$4,361.92

$4,361.92

$4,361.92

$4,361.92

$4,361.92

$4,361.92 $103,891.50 $109,212.02

$7,269,860.41 $21,809,581.22 -$1,561,080.00 -$6,093,275.00 -$24,000.00 -$217,000.00 -$30,240,246.2-$30,235,884.2 -$30,231,522.3 -$30,227,160.4 -$30,222,798.5 -$8,842,259 -$8,624,793.60

37

38

39

40

JR CK

36

11.0 Revenue Summary

%140'45610' *+')*65

GO / NO-GO CRITERIA If 80% of the questions are yes, the project is a GO. If 60-80% of the questions are yes, the project needs revision.

If less than 60% are yes, the project is a NO-GO.

Is there a demand for units in Ottawa?

Yes: Is the site appropriate?

Yes: Is the price of land to high?

Yes: Is the construction cost feasible?

Yes: Do the BIDS meet our timeline projections?

Yes: Can we secure enough funding?

Yes: Is there 80% pre-sales?

Profit: $8, 138, 510 Profit Per Door: $137, 941 Developers Equity: $7, 269, 860 Cash On Cash Return: 112%

GO!

Yes: Can we proceed if the interest rate rises?

Yes: Is our profit margin above 20%?

JR CK

37

Appendix A

%140'45610' *+')*65

Financing Summary

Total Expenses

$30,085,264.52

Financing Package Bank loan @ 5% interest Equity Investment Total Financing Source of Equity Developer 3.7% interest on bank loan for 18 month term Total Interest Paid

$21,809,581.22 $7,269,860.41 $30,085,264.52

$7,269,860.41

$812,324.10 $812,324.10

JR CK

38

Appendix A

%140'45610' *+')*65

JR CK

39

Appendix A

%140'45610' *+')*65

JR CK

40

Appendix B

%140'45610' *+')*65

1012 3 Bedroom Unit

Marketing Drawing

124m

LAUNDRY 3m2

BDR 1

W/C 1

12.5m2

4.5m2

KITCHEN

BDR 2

9.5m2

12.5m2

W/C 1 5m2

LIVING ROOM / DINING 28.5m2

BDR 3 19m2 SERVICE

101 3 Bedroom Unit 119m2

H

I

JR CK

41

Appendix B

%140'45610' *+')*65 SCHEDULE

FINISH (Tier 1) QTY

PRODUCT

NAME

MANUFACTURER

Vanity 2 Counter Top

Vanity Countertop, Profile 2700, White Ice Granite 9476-43, 22.5 inches x 36 inches

Belanger Laminates Inc

Kitchen 2 Counter Top

Kitchen Countertop, Profile 2300, Butterum Granite 7732-46, 25.5 inches x 48 inches

Belanger Laminates Inc

Bathroom 5 Floor Tiles

“Medea” Ceramic Tile

A American i Ol Olean 3-in 3i x6 6-in i Bathroom Wall Starting Line White Gloss Ceramic Wall Tile 1500 Tiles Living, Kitchen, TM 8mm Shaded Oak Bedroom Laminate Flooring (20.11 sq. ft. / case) 56 Flooring

MODEL NO.

DIMENSIONS

COLOR/ FINISH

PRICE

PRICE/UNIT

1132223039

Width: 22.5" Depth: 4" Length: 36"

Ice White Granite

$45.00/ each

$90.00

15230423

Width: 25.5" Depth: 4" Length: 48"

Butterum Granite/ Laminate

$71.00/ each

$142.00

Medea

8646

Width: 13.5" Length: 13.5" Quantity: 12/ BX

Beige Ceramic

$25.56/ box

$127.80

American Olean

Width Width: 3" SL1036MODHC1P Length: 6" 4 Thickness: 0.3"

White Gloss/ Ceramic

$0.35/ each

$525.00

Dark Brown Low Gloss

$19.50/ box

$1,092.00

Traffic Master

37718AV

Width: 7.91" Depth: 54.72" Thickness: 2.17"

PURCHASED FROM

APPLIANCE (Tier 1) QTY

PRODUCT

NAME

1 Stove Range

5.3 cu. ft Electric Range with Self Cleaning in Stainless Steel

1 Fridge

1.8 cu. ft. Top Freezer Refrigerator in Stainless Steel

1 Dishwasher

Gallery 24-in 52-Decibel Buit-in Dishwasher ENERGY STAR

1 Microwave

Designer 1.1 cu. ft.

Countertop Microwave in Stainless Steel

MVWX655DWYMEDX6STBW 1 Washer + Dryer Washer & Dryer Combo

MANUFACTURER

Frigidaire

Frigidaire

Frigidaire

Danby

MODEL NO.

COLOR/ FINISH

PRICE

PRICE/UNIT

CFEF3046LS

Width: 29.88” Depth: 28.50” Height: 47.50”

Stainless Steel

$648.00

$648.00

FFTR1821QS

WIdth: 30.96” Depth: 31.56" Height: 67.8"

Stainless Steel

$798.00

$798.00

FF1D2423RS

WIdth: 24" Depth: 25" Height: 35"

Stainless Steel

$598.00

$598.00

DMW111KSSDD

Width: 20.43" Depth: 17" Height: 14.25"

Stainless Steel

$129.99

$129.99

WASHER Width: 27.5" Depth: 28" Height: 43" DRYER Width: 29" Depth: 27.75" Height: 43.38"

White

$748.00

$748.00

MVWX655DW Maytag

DIMENSIONS

YMEDX6STBW

PURCHASED FROM

JR CK

42

Appendix B

%140'45610' *+')*65 SCHEDULE

Cabinets (Tier 1) QTY

PRODUCT

NAME

Base Cabinets 6 Kitchen/Bath

Unfinished Oak 30 inch Base Cab

Wall Cabinets 6 Kitchen

Unfinished Oak 12X30 Wall Cab

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOR/ FINISH

PRICE

PRICE/UNIT

American Classics B30OHD

Width: 30" Depth: 24" Height: 34.5"

Unfinished Oak

$159.00

$954.00

American Classics W1230OHD

Width: 12" Depth: 12" Height: 30"

Unfinished Oak

$89.00

$534.00

PURCHASED FROM

Fixtures (Tier 1) QTY

PRODUCT

NAME

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOR/ FINISH

PRICE

PRICE/UNIT

PSL2020/3

Width: 20.56” Depth: 7" Height 20"

Stainless Steel

$94.99

$94.99

65875-2001

Width: 15.16” Depth: 9.65" Height 15.94"

Chrome

$36.98

$36.98

N2428R

Width: 18.13” Depth: 27.5” Height: 32.5”

White

$98.00

$186.00

White

$178.00

$178.00

1 Kitchen Sink

PSL2020 Regal Topmount 20-in Single Kitchen Sink

1 Kitchen Faucet

Single Handle Kitchen Faucet - Chrome

2 Toilet

2-Piece 4.8 LPF Single Flush Round Front Bowl Toilet in White

1 Bathtub

Mapleleaf 5 Feet Bathtub with Right Hand Drain in White

Bootz

11-2670-00

Width: 61” Depth: 31” Height: 19”

1 Shower Head

Caldwell 4-in 2.0-GPM (7.6-LPM) 4-Spray WaterSense Showerhead

Moen

24066

Diameter: 4”

Chrome

$37.99

$37.99

2 Bathroom Sink

Drop-in Lavatory - Oval 20" x 16 7/8" - White

MJ-209A 4

Width: 20” Depth: 16.86” Height: 7”

White

$26.39

$52.78

Bathroom 2 Faucet

Chrome 2-Handle 4-in Centerset WaterSense Bathroom Sink Faucet (Drain Included)

F51B0036CP

Width: 9” Depth: 5” Height: 5.38”

Chrome

$34.99

$69.98

Kindred

Glacier Bay

Glacier Bay

Facto

AquaSource

PURCHASED FROM

JR CK

43

Appendix B

%140'45610' *+')*65 SCHEDULE

FINISH (Tier 2) QTY

PRODUCT

NAME

Kitchen 2 Counter Top

VTI Fine Laminate Countertops Wilsonart 8-ft Calacetta Oro Straight Laminate Kitchen Counter

Bathroom 5 Floor Tiles

"Ardesia" Porcelain Floor Tiles

Bathroom Wall Ceramic Wall Tiles - 4" x 16" 25/box - Light Grey 16 Tiles

Living, Kitchen, Bedroom Vinyl Plank Rosewood Ebony 24 Sq.Ft./Case) 46 Flooring

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOR/ FINISH

PRICE

PRICE/UNIT

1152349089

Length: 96" Depth: 25.5" Thickness: 4"

Off White Laminate

$109.00/ each

$218.00

Mono Serra

7125

Width: 12" Length: 12" Quantity: 12/ BX

Porcelain

$35.80/ box

$179.00

Bravo

FESH0416GLOSL Width: 4" IGR Length: 16"

Light Grey Glossy

$38.77/ box

$620.32

Rosewood Ebony Low Gloss

$54.96/ box

$2,528.16

Wilsonart

Allure

46919

Width: 7.91" Depth: 54.72" Thickness: 2.17"

PURCHASED FROM

APPLIANCE (Tier 2) QTY

PRODUCT

NAME

1 Stove

5.8 cu. ft. Free-Standing Convection Gas Range in Stainless Steel

1 Fridge

25.7-cu ft 3 French Door Refrigerator Single Ice Maker (Stainless Steel) ENERGY STAR

1 Dishwasher

24-inch Dishwasher with Stainless Steel Tub and Large Capacity in Stainless Steel

1 Microwave

CEM11SFC 1.1-cu ft 800-Watt Countertop Microwave

WF42H5000AWDV42H5000EW 1 Washer + Dryer Washer and Dryer Set

1 Range Hood

30-inch Undermount Range Hood with Rectangular Ducting in Stainless Steel

MANUFACTURER

MODEL NO.

DIMENSIONS Width: 30" Depth: 24" Height: 36"

COLOR/ FINISH

PRICE

PRICE/UNIT

Stainless Steel

$1,598.00

$1,598.00

Width: 35.75" RF26HFENDSR/A Depth: 35.75" Height: 68.63" A

Stainless Steel

$1,664.44

$1,664.44

Stainless Steel

$848.00

$848.00

Samsung

NX58H600SS

Samsung

Maytag

MDB4949SDM

Width: 24.5" Depth: 25.25" Height: 36.25"

GE

CEM11SFC

Width: 24" Depth: 13.31" Height: 12"

Stainless Steel

$278.00

$278.00

Samsung

WF42H5000AW and DV42H5000EW

WASHER Width: 27" Depth: 32.38" Height: 38.75" DRYER Width: 27" Depth: 32.38" Height: 38.75"

White

$1440.00

$1440.00

Cyclone

Width: 26.75" Depth: 7.13" CYS1000R 30 SS Height: 23.75"

Stainless Steel

$280.00

$280.00

PURCHASED FROM

JR CK

44

Appendix B

%140'45610' *+')*65 SCHEDULE

Cabinets (Tier 2) QTY

PRODUCT

NAME

Kitchen Classics 36-inch H x 30-Inch W x 24-in D Brookton Base Cabinets Chocolate Drawer and Door 4 Kitchen Base Cabinet

Wall Cabinets 2 Kitchen

Kitchen Classics 30-inch H x 36-Inch W x 12-in D Brookton Chocolate Drawer and Door Wall Cabinet

MANUFACTURER

MODEL NO.

DIMENSIONS

COLOR/ FINISH

PRICE

PRICE/UNIT

Kitchen Classics

Width: 30" Depth: 24" Height: 36"

Chocolate/ Birch $299.00

$1,196.00

Kitchen Classics

Width: 36" Depth: 12" Height: 30"

Chocolate/ Birch $250.00

$500.00

PURCHASED FROM

Fixtures (Tier 2) QTY

PRODUCT

1 Kitchen Sink

NAME

Double Bowl Topmount 32 Inch x 21 Inch x 8 Inch deep

MateoSingle Lever Pull Down Kitchen Faucet 1 Kitchen Faucet Stainless Steel

MANUFACTURER

Wessan

Kraus

MODEL NO.

DIMENSIONS

COLOR/ FINISH

PRICE

PRICE/UNIT

JR2031D83

Width: 32” Depth: 21" Height 8"

Stainless Steel

$226.00

$226.00

KPF-2620SS

Width: 8.69” Depth: 15.75" Height: 8.69"

Stainless Steel

$195.00

$195.00

White

$269.00

$538.00

2 Toilet

Cavata White 1.6-GPF High Efficiency WaterSense Elongated Dual-Flush 2-Piece Toilet

Kohler

45989-0

Width: 19.75” Depth: 29.75” Height: 30.5”

1 Bathtub

Elegance Plus 5 Feet Skirted Bathtub with Double Tiling Flange and Left-Hand Drain

Acri-Tec

40710

Width: 61” Depth: 32.75” Height: 23.75”

White

$389.00

$389.00

1 Shower Head

Attract 6-Function Hand Shower with Magnetix in Chrome

Moen

26000

Diameter: 3.5”

Chrome

$68.98

$68.98

2 Vanity + Sink

Style Selections Longshire Espresso Undermount Single Sink Bathroom Vanity with Top, 31-in x 19-in

PS-2318

Width: 31” Depth: 19” Height: 36.5”

White

$349.00

$698.00

Bathroom 2 Faucet

Fullerton Polished Chrome 1-Handle Single Hole/4-In Centerset WaterSense Bathroom Sink Faucet Drain Included

F-042-FTCC

Width: 2” Depth: 6” Height: 4.09”

Chrome

$99.99

$199.98

Style Selctions

Pfister

PURCHASED FROM

JR CK

45

Appendix B

%140'45610' *+')*65 SCHEDULE

FINISH (Tier 3) QTY

PRODUCT

Kitchen 2 Counter Top

Bathroom 5 Floor Tiles

Bathroom Wall 18 Tiles

NAME

180Fx 96 In. x 48 In. Classic Crystal Granite Sheet in Radiance Finish

MANUFACTURER

MODEL NO.

DIMENSIONS

Formica

Length: 96" Depth: 48" 0928412RD408900 Thickness: 4"

Wall and floor ceramic tiles

Bravo

Width: 13" Length: 13" FORE13130000BEI Quantity: 15/ BX

Ceramic Wall Tiles - 3" x 6" 136/box - Dark Taupe

Bravo

AO Oak Natural 3/4-inch Living, Kitchen, Thick x 3 1/4-inch W Bedroom Hardwood Flooring 51 Flooring (22 sq. ft. / case)

Bruce

FESH0306GLOS DATA

Width: 3" Length: 6"

SHD3210

Width: 3.14" Length: 54" Thickness: .75"

COLOR/ FINISH

Grey Granite

PRICE

PRICE/UNIT

$120.00/ each $240.00

Beige Ceramic

$61.95/ box

$309.75

Brown Ceramic

$73.44/ box

$1,321.92

$87.34/ box

$4,454.34

Beige & Tan Oak

PURCHASED FROM

APPLIANCE (Tier 3) QTY

PRODUCT

NAME

1 Stove

5.8 cu. ft. Slide-In Gas Range with True Convection in Stainless Steel

1 Fridge

28 Cu.Feet 4 Door French Door Refrigerator with Family Hub Display

1 Dishwasher

Gold 24-inch Dishwasher with TotalCoverage Spray Arm in Black

1 Microwave

1.8-cu ft Over-The-Range Microwave Sensor Cooking Controls (Stainless Steel) 30-Inch

LG Appliances WM4270HVA -DLEX4270V Washer and 1 Washer + Dryer Dryer Set

1 Range Hood

30 Inch 460CFM Under Cabinet Range Hood in Stainless Steel

MANUFACTURER

Samsung

Samsung

Whirlpool

LG

LG

Vissani

MODEL NO.

DIMENSIONS

COLOR/ FINISH

PRICE

PRICE/UNIT

NX58H9500WS

Width: 29.72" Depth: 26.44" Height: 36.12"

Stainless Steel

$2,198.00

$2,198.00

RF28K9580SR

Width: 38.27" Depth: 36.22" Height: 77.56"

Stainless Steel

$6,998.00

$6,998.00

WDT920SADE

Width: 24.5" Depth: 26.50" Height: 35.63"

Black

$1,048.00

$1,048.00

LMV1852ST

Width: 29.8" Depth: 15.75" Height: 17.8"

Stainless Steel

$386.66

$386.66

WASHER Width: 27" Depth: 29.75" Height: 38.72" DRYER Width: 27" Depth: 29.75" Height: 38.72"

Stainless Steel

$2,996.00

$2,996.00

Width: 32.3" Depth: 10" Height: 24.2"

Stainless Steel

$429.00

$429.00

WM4270HVA and DLEX4270V

U7L500B15

PURCHASED FROM

JR CK

46

Appendix B

%140'45610' *+')*65 SCHEDULE

Cabinets (Tier 1) QTY

PRODUCT

NAME

MANUFACTURER

Base Cabinets 4 Kitchen

Cutler WCSB36 36-in White Door Base Cabinet

Cutler Kitchen and Bath

Wall Cabinets 2 Kitchen

Cutler WCSU3630 36-in x 30-1/4-in White Wall Cabinet

Cutler Kitchen and Bath

MODEL NO.

DIMENSIONS

COLOR/ FINISH

PRICE

PRICE/UNIT

WCSB36

Width: 36" Depth: 23.5" Height: 34.68"

White Grain

$349.00

$1,396.00

WCSU3630

Width: Depth: Height:

White Grain

$264.00

$528.00

PURCHASED FROM

Fixtures (Tier 1) QTY

PRODUCT

1 Kitchen Sink

NAME

Diamond Drop-In or Undermount Silgranit Kitchen Sink

MANUFACTURER

Blanco

MODEL NO.

DIMENSIONS

COLOR/ FINISH

PRICE

PRICE/UNIT

401406

Width: 32” Depth: 21" Height 8"

Cinder Finish

$399.00

$399.00

Stainless Steel

$407.00

$407.00

Haysfield MotionSense 1 Handle Pulldown Kitchen Faucet with Matching Soap Dispenser - Spot Resist 1 Kitchen Faucet Stainless Finish

Moen

87350ESRS

Width: 8.69” Depth: 15.75" Height: 8.69"

2 Toilet

1-Piece 3/6 LPF Dual-Flush Elongated Bowl Toilet

Valley

VA0031

Width: 16” Depth: 31” Height: 41.0”

White

$325.00

$650.00

1 Bathtub

Archer 5 Feet Acrylic Bathtub in White

Kohler

K-1123-RA-0

Width: 61” Depth: 32.75” Height: 23.75”

White

$879.00

$879.00

1 Shower Head

Python Dual Head Hand Shower on Rail

Jade Bath

CO8310

Diameter: 3.5”

Chrome

$163.00

$163.00

2 Vanity + Sink

Cutler Kitchen & Bath Silhouette Collection 30-in Wall Hung Vanity with Top

Cutler Kitchen and Bath

Width: 31” Depth: 19” Height: 36.5”

White Chocolate $525.60

$1,051.20

Bathroom 2 Faucet

Kamato Single-Control Bathroom Faucet

Pfister

Width: 9.5” Depth: 14.75” Height: 3”

Stainless Steel

$318.00

F042MD0C

$159.00

PURCHASED FROM

JR CK

47

Appendix C

%140'45610' *+')*65

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

?

N Credit

0

0

0 1 0 5 5 1 1 1

Project Name: Corner Heights Date: 12/05/2016

Integrative Process

0 Location and Transportation

1 0

LEED for Neighborhood Development Location

16

Y

Prereq

Credit

Sensitive Land Protection

1

Y

Credit

High Priority Site

2

Credit

Surrounding Density and Diverse Uses

5

Credit

Access to Quality Transit

5

Credit

Bicycle Facilities

1

Credit

Reduced Parking Footprint

1

3 1 1 1 2

Credit

Green Vehicles

1

0 0

0

Y

1 0 1 0 3 2 0 0

0

0 Sustainable Sites

10

Prereq

Construction and Demolition Waste Management Planning

Required

Credit

Building Life-Cycle Impact Reduction

Credit Credit Credit

5

Building Product Disclosure and Optimization - Environmental Product Declarations Building Product Disclosure and Optimization - Sourcing of Raw Materials Building Product Disclosure and Optimization - Material Ingredients Construction and Demolition Waste Management

0 Indoor Environmental Quality

2 2 2 2

16

Prereq

Minimum Indoor Air Quality Performance

Required

Prereq

Construction Activity Pollution Prevention

Required

Y

Prereq

Environmental Tobacco Smoke Control

Required

Credit

Site Assessment

1

Credit

Enhanced Indoor Air Quality Strategies

2

Credit

Site Development - Protect or Restore Habitat

2

Credit

Low-Emitting Materials

3

Credit

Open Space

1

Credit

Rainwater Management

3

Credit

Construction Indoor Air Quality Management Plan Indoor Air Quality Assessment

1

Credit Credit

Heat Island Reduction

2

Credit

Thermal Comfort

1

Credit

Light Pollution Reduction

1

1 0 0 2 1 2 2 1 0

Credit

Interior Lighting

2

Credit

Daylight

3

Credit

Quality Views

1

Credit

Acoustic Performance

1

A1

0 Water Efficiency

11

Prereq

Outdoor Water Use Reduction

Required

Y

Prereq

Indoor Water Use Reduction

Required

Y

Prereq

0

Credit

Building-Level Water Metering Outdoor Water Use Reduction

Required

2 4 0 1

2

Credit

Indoor Water Use Reduction

6

0 1

Credit

Cooling Tower Water Use

2

Credit

Water Metering

1

0

Required

Credit

0

13

Storage and Collection of Recyclables

Y

Y

0

0

0 Materials and Resources

16

Credit

0 Energy and Atmosphere

33

Y

Prereq

Fundamental Commissioning and Verification

Required

Y

Prereq

Minimum Energy Performance

Required

Y

Prereq

Building-Level Energy Metering

Required

Y

Prereq

Fundamental Refrigerant Management

Required

5 16 1 0 0 0 0

Credit

Enhanced Commissioning

6

Credit

Optimize Energy Performance

18

Credit

Advanced Energy Metering

1

Credit

Demand Response

2

Credit

Renewable Energy Production

3

Credit

Enhanced Refrigerant Management

1

Credit

Green Power and Carbon Offsets

2

A3

0

0

0

0 0 0 0 70

3

A2

2

0 Innovation

6

Credit

Innovation

5

Credit

LEED Accredited Professional

1

0 Regional Priority

4

Credit

Regional Priority: Specific Credit

Credit

Regional Priority: Specific Credit

1 1

Credit

Regional Priority: Specific Credit

1

Credit

Regional Priority: Specific Credit

1

Possible Points:

0 TOTALS

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

A4

110

JR CK

48

Appendix C

%140'45610' *+')*65

TRIPLE BOTTOM LINE TARGETS The following triple bottom line targets form the framework for our approach to maintain the sustainability of social, environmental and financial aspects of Ottawa through the development of 210 Issabella and 575 Bank in compliance with LEED v4 guidelines. The strategies implemented are meant to be beneficial for the people, the planet and the economy by: People: Provide opportunity for the wellbeing and health of the residents through promoting physical activity, healthy environments and a diverse surroundings.

Public Transportation: Access to quality transportation Bicycle facilities Site: Surrounding Density and Diverse uses

Site Assessment Pollution & Carbon Footprint: Reduced Parking foot print Green Vehicles

Planet: Implement clean construction and development strategies and considering more closely the products and materials brought in and out of the site before, during and after construction.

Profit: Promote economic activity by uplifting the standard of living in the area and considering the costs related to construction materials and energy use.

Intent

Target

LEED POINTS

Reducing greenhouse gas emissions, air pollution, and other environmental and public health harms associated with motor vehicle

To Provide access to a public Transite system within 400m of the project.

Promote bicycling and transportation efficiency while reducing vehicle travel. As well as to improve public health by encouraging utilitarian and recreational physical activity.

Provide sufficient long-term and short-term storage for bicycles.

Encouraging development in areas with existing infrastructure. To promote walk-ability, and transportation efficiency and reduce vehicle distance.

Traveled. To improve public health by encouraging daily

Locate the project in areaâ&#x20AC;&#x2122;s with: a. High density b. Existing and publicly available diverse uses c. Main logistics hubs and highways

Assess site conditions before design to evaluate sustainable options and inform related decisions about site design.

Complete and document a site survey or assessment.

Minimize the environmental harms associated with parking facilities

Do not exceed the minimum local code requirements for parking capacity.

1

Reduce pollution by promoting alternatives to conventionally fueled automobiles

Designate 5% of all parking spaces used by the project as preferred parking for green vehicles.

1

5 1

5 1

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49

Appendix C

%140'45610' *+')*65

Intent

Target

Minimize effects on microclimates and human and wildlife habitats by reducing heat islands

Place a minimum of 75% of parking spaces under cover.

2

Enhanced Commissioning

Further support the design, construction, and eventual operation of a project that meets the ownerâ&#x20AC;&#x2122;s

Complete the commissioning process (CxP) activities for mechanical, electrical, plumbing.

5

Optimize Energy Performance

Achieve increasing levels of energy performance beyond the prerequisite standard to reduce environmental and economic harms associated with excessive energy use

Follow the EA Prerequisite Minimum Energy Performance to demonstrate a percentage improvement in the proposed building performance rating.

Building Life-Cycle Impact Reduction

Encourage adaptive reuse and optimize the environmental performance of products and materials.

Reuse or salvage 50% of the building materials from off site or on site.

Construction and Demolition Waste

Reduce construction and demolition waste disposed of in landfills and incineration facilities by recovering, reusing, and recycling materials.

Diverted waste materials into 4 different streams.

Encourage the team integration required by a LEED project and to streamline the application and certification process.

Make use of LEED Accredited Professional (AP) with a Specialty appropriate for the project.

1

To reduce both outdoor and indoor water consumption

Provide landscape that does not require a permanent irrigation system and use fixtures that reduce aggregate water consumption by 20%.

6

To support water management and identify opportunities for additional water savings by tracking water consumption.

Install permanent water meters that measure the total potable water use for the building and associated grounds

1

To establish better quality indoor air in the building after construction and during occupancy.

Conduct baseline IAQ testing using protocols after construction ends and before occupancy.

To promote occupantsâ&#x20AC;&#x2122; productivity, comfort, and well-being by providing quality thermal comfort.

Design heating, ventilating, and air-conditioning (HVAC) systems and the building envelope to meet the ASHRAE Standard 55

Connect building occupants with the outdoors, reinforce circadian rhythms, and reduce the use of electrical lighting by introducing daylight into the space.

Provide a spatial daylight autonomy greater than 75% of a regularly occupied floor area.

Construction & Development: Heat Island Reduction

LEED Accredited Professional Water Management: Water use reduction

Water Metering Quality of Life: Indoor Air Quality Assessment Thermal Comfort

Day Lighting & Quality Views

LEED POINTS

16 3 2

Achieve a direct line of sight to the outdoors via vision glazing for at least 75% of all regularly occupied floor area.

2

1

3

JR CK

50

Appendix D

%140'45610' *+')*65

JR CK

51

Appendix D

%140'45610' *+')*65

JR CK

52

Appendix D

%140'45610' *+')*65

PARCEL REGISTER (ABBREVIATED) FOR PROPERTY IDENTIFIER LAND

PAGE 1 OF 2

REGISTRY OFFICE #4

PREPARED FOR HADIYA ON 2016/10/04 AT 14:18:24

04123−0103 (LT)

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

PCL 1−1, SEC 61 ; PT LTS 1 & 2, PL 61 , PT LANE, PL 61 , AT REAR EAST OF BANK STREET, AS STOPPED UP AND CLOSED BY JUDGE LT658400), PARTS 1, 2, AND 3, 4R7216 ; S/T CR413494 OTTAWA/NEPEAN

’ S ORDER CR407733 (SEE

PROPERTY REMARKS: ESTATE/QUALIFIER: FEE SIMPLE ABSOLUTE

RECENTLY: FIRST CONVERSION FROM BOOK

OWNERS’ NAMES RANDALL ’ S PAINTS LIMITED

CAPACITY BENO

REG. NUM.

DATE

**EFFECTIVE

2000/07/29

**WAS REPLACED **

PRINTOUT

CR413494

INSTRUMENT TYPE

SHARE

AMOUNT

PARTIES FROM

THE NOTATION OF THE " BLOCK IMPLEMENTATION

WITH THE " PIN

CREATION

PIN CREATION DATE: 1996/07/22

DATE " OF 1996/07/22

ON THIS

CERT/ CHKD

PARTIES TO

PIN**

DATE " OF 1996/07/22**

INCLUDES

ALL DOCUMENT TYPES

1960/10/19

TRANSFER EASEMENT

AND DELETED

INSTRUMENTS

SINCE:

1996/07/19

** THE HYDRO ELECTRIC COMMISSION OF THE CITY OF OTTAWA THE BELL TELEPHONE COMPANY OF CANADA

REMARKS: SEE LT658376

C

4R7216

1990/02/08

PLAN REFERENCE

C

LT780069

1992/07/09

NOTICE

THE CORPORATION OF THE CITY OF OTTAWA

C

LT781358

1992/07/17

NOTICE

THE CORPORATION OF THE CITY OF OTTAWA

C

LT791070

1992/09/03

TRANSFER

969088 ONTARIO INC.

C

LT792569

1992/09/15

CHARGE

*** COMPLETELY DELETED ***

LT792570

1992/09/15

NOTICE

*** COMPLETELY DELETED ***

LT848551

1993/09/01

NOTICE

*** COMPLETELY DELETED ***

NOTICE AGREEMENT

*** COMPLETELY DELETED *** 969088 ONTARIO INC.

$2

LAURENTIAN BANK OF CANADA

REMARKS: LT792569 LT1026365

1997/02/11 REMARKS: LT792569

LT1324000

LAURENTIAN BANK OF CANADA

2000/09/28 CHARGE *** COMPLETELY DELETED *** 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.

JR CK

53

Appendix D

%140'45610' *+')*65

PARCEL REGISTER (ABBREVIATED) FOR PROPERTY IDENTIFIER LAND

PAGE 2 OF 2

REGISTRY OFFICE #4

PREPARED FOR HADIYA ON 2016/10/04 AT 14:18:24

04123−0103 (LT)

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

DATE

INSTRUMENT TYPE

AMOUNT

PARTIES FROM 1427299 ONTARIO INC. AS TO FIRSTLY DESCRIBED LANDS 969088 ONTARIO INC. AS TO 2NDLY, 3RDLY 4THLY LANDS

LT1324002

2000/09/28

NOTICE

*** COMPLETELY DELETED *** 969088 ONTARIO INC.

REMARKS: ASSIGNMENT OF RENTS UNDER LT1324000 OC41289

2002/02/05

DISCH OF CHARGE

OC59651

PARAGON CAPITAL CORPORATION LTD.

2002/04/11

CHARGE

*** COMPLETELY DELETED *** 969088 ONTARIO INC.

THE TORONTO−DOMINION BANK

2002/04/11

NOTICE

*** COMPLETELY DELETED *** 969088 ONTARIO INC.

THE TORONTO−DOMINION BANK

REMARKS: OC59650 − RENTS OC109639

PARAGON CAPITAL CORPORATION LTD.

*** COMPLETELY DELETED *** PARAGON CAPITAL CORPORATION LTD.

REMARKS: RE: LT1324000 OC59650

2002/08/22

DISCH OF CHARGE

*** COMPLETELY DELETED *** LAURENTIAN BANK OF CANADA

REMARKS: RE: LT792569 OC196191

2003/05/08

CHARGE

OC196192

2003/05/08

CHARGE

OC207279

2003/06/11

DISCH OF CHARGE

CERT/ CHKD

PARTIES TO

$1,600,000 $550,000

969088 ONTARIO INC.

CAISSE POPULAIRE ORLEANS INC.

C

969088 ONTARIO INC.

CAISSE POPULAIRE ORLEANS INC.

C

969088 ONTARIO INC.

CAISSE POPULAIRE ORLEANS INC.

C

*** COMPLETELY DELETED *** THE TORONTO−DOMINION BANK

REMARKS: RE: OC59650 OC1307042

2011/11/18

CHARGE

$3,152,500

OC1307043

2011/11/18

NO ASSGN RENT GEN

969088 ONTARIO INC.

CAISSE POPULAIRE ORLEANS INC.

C

OC1543851

2013/12/05

APL CH NAME OWNER

969088 ONTARIO INC.

RANDALL ’ S PAINTS LIMITED

C

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.

JR CK

54

Appendix E

%140'45610' *+')*65

Alternate Financing Structure

Proposed й ƋƵŝƚLJ EĞƚ ZĞǀĞŶƵĞƐ džƉĞŶƐĞƐ WƌŽĮƚ WƌŽĮƚ WĞƌ ŽŽƌ ƋƵŝƚLJ ZĞƋƵŝƌĞĚ >ĞŶĚĞƌ ƋƵŝƚLJ ĂƐŚ ŽŶ ĂƐŚ ZĞƚƵƌŶ

Ϯϱй Ψϯϴ͕ϮϮϯ͕ϳϳϱ͘ϭϲ ΨϯϬ͕Ϭϴϱ͕Ϯϲϰ͘ϱϮ Ψϴ͕ϭϯϴ͕ϱϭϬ͘ϲϰ Ψϭϯϳ͕ϵϰϭ Ψϳ͕Ϯϲϵ͕ϴϲϬ͘ϰϭ ΨϮϭ͕ϴϬϵ͕ϱϴϭ͘ϮϮ ϭϭϮй

ůƚĞƌŶĂƟǀĞ ϭ ϮϬй Ψϯϴ͕ϮϮϯ͕ϳϳϱ͘ϭϲ ΨϯϬ͕Ϭϴϱ͕Ϯϲϰ͘ϱϮ Ψϴ͕ϭϯϴ͕ϱϭϬ͘ϲϰ Ψϭϯϳ͕ϵϰϭ Ψϲ͕Ϭϭϳ͕ϬϱϮ͘ϵϬ ΨϮϰ͕Ϭϲϴ͕Ϯϭϭ͘ϲϮ ϭϯϱй

ůƚĞƌŶĂƟǀĞ Ϯ ůƚĞƌŶĂƟǀĞ ϯ Ϯϳ͘ϱϬй ϮϮ͘ϱ Ψϯϴ͕ϮϮϯ͕ϳϳϱ͘ϭϲ Ψϯϴ͕ϮϮϯ͕ϳϳϱ͘ϭϲ ΨϯϬ͕Ϭϴϱ͕Ϯϲϰ͘ϱϮ ΨϯϬ͕Ϭϴϱ͕Ϯϲϰ͘ϱϮ Ψϴ͕ϭϯϴ͕ϱϭϬ͘ϲϰ Ψϴ͕ϭϯϴ͕ϱϭϬ͘ϲϰ Ψϭϯϳ͕ϵϰϭ Ψϭϯϳ͕ϵϰϭ Ψϴ͕Ϯϳϯ͕ϰϰϳ͘ϰϬ ϲ͕ϳϲϵ͕ϭϴϰ͘ϱϮ ΨϮϭ͕ϴϭϭ͕ϴϭϳ͘ϭϮ Ϯϯ͕ϯϭϲ͕Ϭϳϵ͘ϵϵ ϵϴй ϭϮϬй

JR CK

55

Appendix E

%140'45610' *+')*65

Sensitivity Analysis

Proposed Values Average Selling Price PSF % Equity Net Revenues Expenses WƌŽĮƚ WƌŽĮƚ WĞƌ ŽŽƌ Equity Required Cash on Cash Return Bank Loan й >d ; ĞďƚͿ

$519 25% $38,223,775.16 $30,085,264.52 $8,138,510.64 $137,941 $7,269,860.41 112% $21,809,581.22 75%

Adjusted Values $510 25% $37,382,003.60 $39,125,265 ($1,743,261.40) ($29,546.80) $9,345,500.90 81.40% 28,036,502.70 75%

JR CK

56

Appendix F

Work Task Distribution Title Page Table of Contents Development Brief Planning Rational Site Analysis Site Plan Floor Plans Perspectives Financial Summary Proforma Revenue Summary CRU / Unit Pricing Sheet Tarion Breakdown Cash Flow Projections Project Timeline Construction Timeline Go/ No Go Criteria Financing Summary Amortization Marketing Room Plan Finish Tiers LEED Checklist Triple Bottom Line Alternate Financing Structure Sensitivity Analysis Layout and Graphics Editing Site Model Building Model

%140'45610' *+')*65

Reid Linklater

Charles Van Waarden

Kareem Mitchell

Jamison Duff

%1 % 140 40'4 40'4 '4556 61 10 0' * *++' ') )* *6 65