Suite number:
S1-710
Project:
Address:
Milton, Ontario
Developer:
Neatt Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
710 sqft
Occupancy Date:
Jun 2028
Price, CAD
$734,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.96%
Cumulative Return on Investment in Year 5
108.20%
Property Price at the End of Year 5
$947,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$36,750
5% in 365 days
$36,750
2.5% in 545 days
$18,375
2.5% in 720 days
$18,375
5% on Occupancy
$36,750
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 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $485,000 |
| rent income | - | - | $7,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $175,000 |
| mortgage principal reduction | - | - | $3,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $78,000 |
| deposit interest | -$2 | $5,000 | $4,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $38,000 | $45,000 | $80,000 | $75,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $770,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $37,000 | $73,000 | $37,000 | - | - | - | - | - | - | - | $147,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $3,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $73,000 |
| mortgage payment | - | - | $12,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $270,000 |
| total expense investment | $37,000 | $73,000 | $104,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $542,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | -$28,516 | -$23,953 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $228,000 |
| cumulative roi | $104 | $75 | $79 | $95 | $108 | $121 | $133 | $144 | $156 | $167 | $1,000 |
Stationside Condos
Address: Milton, Ontario
Price Range: $510,000 - $744,000
Avail. suites: 11
1—2 bd
447—782 SqFt