Suite number:
C408 - C3DB (Phase 2)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
984 sqft
Occupancy Date:
Mar 2026
Price, CAD
$837,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.49%
Cumulative Return on Investment in Year 5
106.63%
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 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $356,000 |
mortgage principal reduction | - | $8,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $110,000 |
deposit interest | $1,000 | $798 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $45,000 | $104,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $119,000 | $125,000 | $131,000 | $1,045,000 |
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 | - | $54,000 | - | - | - | - | - | - | - | - | $54,000 |
operating expense | - | $10,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $127,000 |
mortgage payment | - | $31,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $367,000 |
total expense investment | $84,000 | $179,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $58,000 | $58,000 | $716,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$39,297 | -$74,836 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $62,000 | $68,000 | $73,000 | $329,000 |
cumulative roi | $53 | $53 | $72 | $90 | $107 | $123 | $140 | $157 | $175 | $193 | $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