Suite number:
C408 - C3DB (Phase 2)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
984 sqft
Occupancy Date:
Mar 2026
$837,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.13%
Cumulative Return on Investment in Year 5
109.58%
Property Price at the End of Year 5
$1,080,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$41,900
2.5% in 120 days
$20,950
2.5% in 240 days
$20,950
5% on Occupancy
$41,900
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 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $553,000 |
rent income | - | $26,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $358,000 |
mortgage principal reduction | - | $8,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $113,000 |
deposit interest | $932 | $1,000 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $44,000 | $105,000 | $95,000 | $100,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $132,000 | $1,050,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $84,000 | $42,000 | - | - | - | - | - | - | - | - | $126,000 |
remaining balance payment | - | $42,000 | - | - | - | - | - | - | - | - | $42,000 |
closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
operating expense | - | $10,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $132,000 |
mortgage payment | - | $31,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $357,000 |
total expense investment | $84,000 | $177,000 | $54,000 | $55,000 | $55,000 | $56,000 | $56,000 | $57,000 | $57,000 | $58,000 | $708,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$39,416 | -$71,708 | $41,000 | $45,000 | $49,000 | $54,000 | $58,000 | $63,000 | $69,000 | $74,000 | $342,000 |
cumulative roi | $53 | $53 | $73 | $92 | $110 | $127 | $145 | $162 | $181 | $200 | $1,000 |
Mile and Creek Condos
Address: Milton, Ontario
Price Range: $546,000 - $901,000
Avail. suites: 82
1—3.5 bd
504—1039 SqFt