Suite number:
301 2Aa
Project:
Address:
Guelph, Ontario
Developer:
Tricar
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1555 sqft
Occupancy Date:
Aug 2023
Price, CAD
$942,000
Available
ROI
15,59%
Monthly Expenses
- condo fees— $669
- property taxes— $236
- property management— $154
- repairs and maintenance— $77
Total: $1,135
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.73%
Cumulative Return on Investment in Year 5
149.62%
Property Price at the End of Year 5
$1,214,000
Deposit Schedule
$20,000 at Signing
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $622,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $26,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $167,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $75,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $789,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $472,000 |
| total expense investment | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $472,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $28,000 | $17,000 | $21,000 | $24,000 | $28,000 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $317,000 |
| cumulative roi | $158 | $148 | $146 | $147 | $150 | $152 | $156 | $159 | $163 | $167 | $2,000 |
Edgewater
Address: Guelph, Ontario
Price Range: $942,000 - $1,000,000
Avail. suites: 4
1.5—3 bd
950—1765 SqFt
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80% of Original Price
Options for changing mortgage terms
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