Suite number:
110 - King (TH)
Project:
Address:
Whitby, Ontario
Developer:
Brookfield Residential
Property type:
townhouse
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1383 sqft
Occupancy Date:
Dec 2024
$844,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.53%
Cumulative Return on Investment in Year 5
129.55%
Property Price at the End of Year 5
$1,088,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$42,245
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 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $558,000 |
rent income | $44,000 | $50,000 | $53,000 | $55,000 | $57,000 | $60,000 | $62,000 | $65,000 | $68,000 | $71,000 | $585,000 |
mortgage principal reduction | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $133,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $122,000 | $108,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $142,000 | $149,000 | $156,000 | $1,300,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
remaining balance payment | $127,000 | - | - | - | - | - | - | - | - | - | $127,000 |
closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
operating expense | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $195,000 |
mortgage payment | $38,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $408,000 |
total expense investment | $275,000 | $59,000 | $59,000 | $60,000 | $60,000 | $61,000 | $62,000 | $62,000 | $63,000 | $64,000 | $824,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$152,300 | $49,000 | $54,000 | $59,000 | $64,000 | $69,000 | $74,000 | $80,000 | $86,000 | $93,000 | $476,000 |
cumulative roi | $34 | $57 | $80 | $104 | $130 | $157 | $186 | $216 | $249 | $282 | $1,000 |
Station No. 3
Address: Whitby, Ontario
Price Range: $535,000 - $970,000
Avail. suites: 22
1—3.5 bd
516—1519 SqFt