Suite number:
114
Project:
Address:
Milton, Ontario
Developer:
Sutherland Development Group
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1.5
Size:
894 sqft
Occupancy Date:
Dec 2025
$725,800
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.56%
Cumulative Return on Investment in Year 5
113.62%
Property Price at the End of Year 5
$935,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$36,290
2.5% in 120 days
$18,145
2.5% in 240 days
$18,145
5% on Occupancy
$36,290
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 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $479,000 |
rent income | - | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $336,000 |
mortgage principal reduction | - | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $102,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $104,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $106,000 | $112,000 | $117,000 | $942,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $109,000 | - | - | - | - | - | - | - | - | - | $109,000 |
remaining balance payment | $36,000 | - | - | - | - | - | - | - | - | - | $36,000 |
closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
operating expense | - | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $102,000 |
mortgage payment | - | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $318,000 |
total expense investment | $195,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $615,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$156,270 | $59,000 | $39,000 | $42,000 | $46,000 | $50,000 | $55,000 | $59,000 | $64,000 | $69,000 | $327,000 |
cumulative roi | $20 | $54 | $75 | $94 | $114 | $133 | $153 | $174 | $196 | $220 | $1,000 |
Creekside Condos
Address: Milton, Ontario
Price Range: $651,000 - $991,000
Avail. suites: 56
1—3 bd
655—1468 SqFt