Suite number:
101 1J D Bf
Project:
Address:
Guelph, Ontario
Developer:
Fusion Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
735 sqft
Occupancy Date:
Jan 2025
$647,500
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.76%
Cumulative Return on Investment in Year 5
88.21%
Property Price at the End of Year 5
$834,000
Deposit Schedule
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 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $427,000 |
rent income | $11,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $172,000 |
mortgage principal reduction | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $100,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $75,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $723,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | $130,000 | - | - | - | - | - | - | - | - | - | $130,000 |
closing cost | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
operating expense | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $83,000 |
mortgage payment | $24,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $307,000 |
total expense investment | $207,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $568,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$132,383 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $45,000 | $155,000 |
cumulative roi | $33 | $49 | $64 | $77 | $88 | $99 | $110 | $120 | $130 | $140 | $909 |
Anthem at The Metalworks
Address: Guelph, Ontario
Price Range: $587,000 - $966,000
Avail. suites: 16
1—2.5 bd
571—1350 SqFt