Suite number:
2304 - 2F
Project:
Address:
Waterloo, Ontario
Developer:
Momentum Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
841 sqft
Occupancy Date:
Jun 2026
Price, CAD
$774,990
Available
ROI
17,44%
Monthly Expenses
- condo fees— $437
- property taxes— $194
- property management— $151
- repairs and maintenance— $76
Total: $858
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.57%
Cumulative Return on Investment in Year 5
109.15%
Property Price at the End of Year 5
$998,000
Deposit Schedule
$2,500 at Signing
Total up to 0% in 30 days
$2,500
0% in 60 days
$2,500
0% in 90 days
$2,500
0% in 120 days
$2,500
0% in 150 days
$2,500
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 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $64,000 | $511,000 |
rent income | - | $20,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $301,000 |
mortgage principal reduction | - | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $100,000 |
deposit interest | $3,000 | $3,000 | - | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $43,000 | $96,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $107,000 | $112,000 | $118,000 | $943,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $139,000 | $41,000 | - | - | - | - | - | - | - | - | $180,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
operating expense | - | $7,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $98,000 |
mortgage payment | - | $26,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $336,000 |
total expense investment | $139,000 | $126,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $667,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$95,661 | -$30,798 | $35,000 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $62,000 | $67,000 | $276,000 |
cumulative roi | $31 | $56 | $75 | $92 | $109 | $125 | $142 | $158 | $175 | $193 | $1,000 |
Q Condos
Address: Waterloo, Ontario
Price Range: $551,000 - $900,000
Avail. suites: 21
1—3.5 bd
452—1063 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.