Suite number:
C705 - C2DA (Phase 2)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
974 sqft
Occupancy Date:
Mar 2026
Price, CAD
$769,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.15%
Cumulative Return on Investment in Year 5
107.13%
Property Price at the End of Year 5
$992,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$38,500
2.5% in 120 days
$19,250
2.5% in 240 days
$19,250
5% on Occupancy
$38,500
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $508,000 |
rent income | $11,000 | $34,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $381,000 |
mortgage principal reduction | $3,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $109,000 |
deposit interest | $316 | - | - | - | - | - | - | - | - | - | $316 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $79,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $1,022,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
remaining balance payment | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
operating expense | $4,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $134,000 |
mortgage payment | $13,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $360,000 |
total expense investment | $224,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $700,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$144,844 | $35,000 | $38,000 | $43,000 | $47,000 | $51,000 | $56,000 | $61,000 | $66,000 | $71,000 | $322,000 |
cumulative roi | $32 | $52 | $71 | $89 | $107 | $125 | $143 | $162 | $181 | $202 | $1,000 |
Mile and Creek Condos
Address: Milton, Ontario
Price Range: $546,000 - $901,000
Avail. suites: 80
1—3.5 bd
504—1039 SqFt