Partner balances — operating account
Everything each partner has paid in (+) or collected (−) for the property, compared with each partner's share (⅓ each until Sep 2026; Anitto ⅓ / Jegan ⅔ from Oct 2026). Capital at purchase is tracked separately under Purchase & Closing.
To settle up today
Includes estimated items — see Open Items.
Balance by period
Transaction ledger
+ = paid by partner for the property · − = received by partner from the property (rent, refunds)
Shankar bought out by Jegan — October 2026
| Effective | October 1, 2026 |
| Buyer | Jegan |
| Seller | Shankar (⅓ interest) |
| Price | $100,000.00 |
| Paid | Directly Jegan → Shankar (not through the property accounts) |
| Ownership after | Anitto ⅓ · Jegan ⅔ |
Shankar's position at buyout (Sep 30, 2026)
What Jegan owns now
Ownership now
Property
| Address | 8 Brixham Lane, Brampton ON (Lot 50, Plan 43M-2116) |
| Builder / Vendor | Coscorp Wanless Inc. |
| Model | Meadowcrest, Elev. B (POTL freehold, PCECC #1133) |
| Title holder | Anitto Anton |
| APS price (2021) | $929,990.00 |
| Closing date | April 6, 2023 |
| Units | 2 — Upper + legal basement (A1 floor plan) |
| Lawyer | Perera Law, file 2023-920 |
How it was funded
Statement of adjustments (builder)
Lawyer closing costs (trust ledger)
Capital contributed by each partner
All three partners contributed equally to the builder deposits ($102,130) and the closing cash ($136,404.49).
Original mortgage — 2023
| Lender | Scotiabank |
| Advanced | April 6, 2023 |
| Principal | $743,992.00 |
| Monthly payment | $4,495.42 |
| Rate / amortization | 6.15% fixed, 30 years (derived from payment & balance) |
Renewal — April 2026
| Product | Scotia Flex Value — Scotiabank Flex Mortgage |
| Borrower | Anitto Anton |
| Renewal date | April 6, 2026 |
| Principal | $715,229.03 |
| Rate | 4.05% variable (VRM base 4.45% − 0.40%) |
| APR | 3.95381% |
| Term | 5 years, closed — matures April 6, 2031 |
| Compounding | Semi-annual, charged monthly |
| Monthly payment | $3,619.93 calculated |
| Remaining amortization | 27 years (324 months) |
Principal paid — by partner
Every mortgage payment split into interest (cost) and principal (equity). ⅓ each until Sep 2026; from Oct 2026 Anitto ⅓ / Jegan ⅔ (Shankar bought out).
Each partner's share of principal repaid
Principal paid down
| Original principal (Apr 2023) | $743,992.00 |
| Balance at renewal (Apr 2026) | $715,229.03 |
| Principal repaid in first 3-year term | $28,762.97 |
| Current balance (after Nov 2026 payment) |
New payment = $715,229.03 at 4.05% compounded semi-annually over the remaining 27 years. Original terms (6.15%, 30-yr) were derived from the $4,495.42 payment and the $715,229.03 balance after 36 payments. Since the rate is variable, the payment may change if Scotiabank prime moves. Part of each mortgage payment builds equity — it's still treated as a shared cost in the operating account, same as the original sheet.
Tenancy history
Current upper lease — key terms
| Tenants | Neha Choudhary, Siddarth Saini |
| Signed | April 4, 2026 · Right At Home Realty |
| Term | 1 year from May 1, 2026 |
| Rent | $2,595 / month, due on the 1st |
| Deposit | $5,190 — first & last month (last month applies to April 2027) |
| Utilities | Tenant pays 100% while basement vacant; 70% once basement occupied (basement pays 30%) |
| Repairs | Tenant covers minor repairs under $150; landlord over $150 |
| Parking | Extended driveway reserved for basement tenant |
Rent collected by month — 2026
Open items — need confirmation
How to update this book
- Every entry lives in the
LEDGERlist at the bottom of this file. Add one line per payment or rent receipt — all totals recalculate. who= partner who paid or received the money;amtpositive if they paid, negative if they received.- Change
st:"est"tost:"ok"once an estimated figure is confirmed.