Suite number:
308 - S2BI (Building 4)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
954 sqft
Occupancy Date:
Nov 2024
Price, CAD
$807,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
88.31%
Cumulative Return on Investment in Year 5
433.71%
Property Price at the End of Year 5
$1,041,000
Deposit Schedule
$5,000 at Signing
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 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $533,000 |
| rent income | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $46,000 | $48,000 | $51,000 | $422,000 |
| mortgage principal reduction | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $125,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $110,000 | $91,000 | $95,000 | $100,000 | $104,000 | $110,000 | $115,000 | $120,000 | $126,000 | $132,000 | $1,103,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $127,000 |
| mortgage payment | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $405,000 |
| total expense investment | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $55,000 | $532,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $59,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $61,000 | $66,000 | $72,000 | $78,000 | $572,000 |
| cumulative roi | $481 | $411 | $404 | $415 | $434 | $459 | $491 | $528 | $573 | $627 | $5,000 |
Soleil Condos
Address: Milton, Ontario
Price Range: $681,000 - $808,000
Avail. suites: 12
1—2.5 bd
551—971 SqFt