Suite number:
Colborne
Project:
Address:
Whitby, Ontario
Developer:
Brookfield Residential
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
728 sqft
Occupancy Date:
Dec 2024
Price, CAD
$699,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.10%
Cumulative Return on Investment in Year 5
94.68%
Property Price at the End of Year 5
$902,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$34,995
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
| rent income | $20,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $257,000 |
| mortgage principal reduction | $8,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $110,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $88,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $853,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
| remaining balance payment | $105,000 | - | - | - | - | - | - | - | - | - | $105,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $107,000 |
| mortgage payment | $31,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $338,000 |
| total expense investment | $229,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $634,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$141,117 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $219,000 |
| cumulative roi | $33 | $51 | $67 | $81 | $95 | $108 | $121 | $133 | $146 | $159 | $992 |
Station No. 3
Address: Whitby, Ontario
Price Range: $535,000 - $970,000
Avail. suites: 22
1—3.5 bd
516—1519 SqFt