Suite number:
326 - P . 073
Project:
Address:
King, Ontario
Developer:
Zancor Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
688 sqft
Occupancy Date:
Jul 2025
Price, CAD
$799,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.33%
Cumulative Return on Investment in Year 5
89.09%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$20,000
2.5% in 90 days
$20,000
10% on Occupancy
$79,999
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
| rent income | $12,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $233,000 |
| mortgage principal reduction | $6,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $117,000 |
| deposit interest | $505 | - | - | - | - | - | - | - | - | - | $505 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $83,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $902,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $120,000 | - | - | - | - | - | - | - | - | - | $120,000 |
| remaining balance payment | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| closing cost | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $106,000 |
| mortgage payment | $23,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $384,000 |
| total expense investment | $242,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $703,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$158,768 | $24,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $199,000 |
| cumulative roi | $32 | $49 | $64 | $77 | $89 | $100 | $111 | $122 | $133 | $143 | $920 |
King Terraces
Address: King, Ontario
Price Range: $600,000 - $1,299,000
Avail. suites: 25
0—3 bd
442—1447 SqFt