Suite number:
B810 - B1DB (Phase 1)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
577 sqft
Occupancy Date:
Mar 2026
$585,490
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.90%
Cumulative Return on Investment in Year 5
102.30%
Property Price at the End of Year 5
$754,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,275
2.5% in 120 days
$14,637
2.5% in 240 days
$14,637
5% on Occupancy
$29,275
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 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $386,000 |
rent income | - | $15,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $210,000 |
mortgage principal reduction | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $79,000 |
deposit interest | $651 | $724 | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $31,000 | $78,000 | $62,000 | $65,000 | $69,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $701,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $59,000 | $29,000 | - | - | - | - | - | - | - | - | $88,000 |
remaining balance payment | - | $29,000 | - | - | - | - | - | - | - | - | $29,000 |
closing cost | - | $47,000 | - | - | - | - | - | - | - | - | $47,000 |
operating expense | - | $6,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $80,000 |
mortgage payment | - | $21,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $249,000 |
total expense investment | $59,000 | $133,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $493,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$27,539 | -$55,563 | $26,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $44,000 | $48,000 | $207,000 |
cumulative roi | $53 | $54 | $71 | $87 | $102 | $117 | $131 | $146 | $160 | $175 | $1,000 |
Mile and Creek Condos
Address: Milton, Ontario
Price Range: $546,000 - $901,000
Avail. suites: 82
1—3.5 bd
504—1039 SqFt