Suite number:
The Carnation
Project:
Address:
Brampton, Ontario
Developer:
The Daniels Corporation
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
629 sqft
Occupancy Date:
Jun 2023
Price, CAD
$590,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.86%
Cumulative Return on Investment in Year 5
152.41%
Property Price at the End of Year 5
$761,000
Deposit Schedule
$7,500 at Signing
Total up to 10% in 9999 days
$59,090
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 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $390,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $20,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $110,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $50,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $500,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $296,000 |
| total expense investment | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $296,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $21,000 | $11,000 | $13,000 | $15,000 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $204,000 |
| cumulative roi | $170 | $154 | $150 | $151 | $152 | $155 | $158 | $161 | $165 | $169 | $2,000 |
OMG 2 Condos
Address: Brampton, Ontario
Price Range: $555,000 - $707,000
Avail. suites: 5
1—2 bd
598—904 SqFt