Suite number:
301 1F D
Project:
Address:
Guelph, Ontario
Developer:
Fusion Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
722 sqft
Occupancy Date:
Jan 2025
Price, CAD
$647,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.83%
Cumulative Return on Investment in Year 5
103.45%
Property Price at the End of Year 5
$835,000
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 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $428,000 |
| rent income | $19,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $36,000 | $298,000 |
| mortgage principal reduction | $6,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $97,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $82,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $846,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $130,000 | - | - | - | - | - | - | - | - | - | $130,000 |
| closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | $6,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $91,000 |
| mortgage payment | $24,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $316,000 |
| total expense investment | $210,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $587,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$127,647 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $46,000 | $50,000 | $54,000 | $59,000 | $259,000 |
| cumulative roi | $33 | $52 | $70 | $87 | $103 | $120 | $137 | $154 | $172 | $191 | $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