Suite number:
112 - Alfreda
Project:
Address:
Milton, Ontario
Developer:
Sutherland Development Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1468 sqft
Occupancy Date:
Dec 2025
Price, CAD
$975,800
Available
ROI
25,46%
Monthly Expenses
- condo fees— $661
- property management— $264
- property taxes— $244
- repairs and maintenance— $132
Total: $1,301
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.13%
Cumulative Return on Investment in Year 5
123.68%
Property Price at the End of Year 5
$1,258,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$48,790
2.5% in 120 days
$24,395
2.5% in 240 days
$24,395
5% on Occupancy
$48,790
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $645,000 |
| rent income | $4,000 | $51,000 | $54,000 | $56,000 | $58,000 | $61,000 | $64,000 | $66,000 | $69,000 | $72,000 | $555,000 |
| mortgage principal reduction | $982 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $134,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $82,000 | $117,000 | $123,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $162,000 | $170,000 | $1,359,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $146,000 | - | - | - | - | - | - | - | - | - | $146,000 |
| remaining balance payment | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | $1,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $157,000 |
| mortgage payment | $4,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $444,000 |
| total expense investment | $257,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $68,000 | $852,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$175,313 | $52,000 | $58,000 | $63,000 | $69,000 | $75,000 | $81,000 | $88,000 | $95,000 | $102,000 | $507,000 |
| cumulative roi | $31 | $54 | $77 | $100 | $124 | $148 | $175 | $204 | $235 | $267 | $1,000 |
Creekside Condos
Address: Milton, Ontario
Price Range: $651,000 - $991,000
Avail. suites: 104
1—3 bd
655—1468 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.