Suite number:
1308 2K D
Project:
Address:
Guelph, Ontario
Developer:
Fusion Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1350 sqft
Occupancy Date:
Jun 2025
Price, CAD
$965,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.72%
Cumulative Return on Investment in Year 5
117.42%
Property Price at the End of Year 5
$1,244,000
Deposit Schedule
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
property price appreciation | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $637,000 |
rent income | $16,000 | $48,000 | $50,000 | $52,000 | $54,000 | $57,000 | $59,000 | $62,000 | $64,000 | $67,000 | $528,000 |
mortgage principal reduction | $4,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $137,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $94,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $142,000 | $149,000 | $156,000 | $164,000 | $1,326,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | $193,000 | - | - | - | - | - | - | - | - | - | $193,000 |
closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
operating expense | $5,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $154,000 |
mortgage payment | $16,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $451,000 |
total expense investment | $271,000 | $63,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $855,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$176,849 | $49,000 | $54,000 | $60,000 | $65,000 | $71,000 | $77,000 | $84,000 | $90,000 | $97,000 | $471,000 |
cumulative roi | $31 | $53 | $75 | $96 | $117 | $140 | $163 | $188 | $215 | $245 | $1,000 |
Anthem at The Metalworks
Address: Guelph, Ontario
Price Range: $587,000 - $966,000
Avail. suites: 16
1—2.5 bd
571—1350 SqFt