Suite number:
B810 - B1DB (Phase 1)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
577 sqft
Occupancy Date:
Mar 2026
Price, CAD
$585,490
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.32%
Cumulative Return on Investment in Year 5
99.58%
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)
Get Expert Advice
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 | $209,000 |
mortgage principal reduction | - | $5,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $77,000 |
deposit interest | $734 | $557 | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $31,000 | $77,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $82,000 | $86,000 | $697,000 |
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 | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
operating expense | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $77,000 |
mortgage payment | - | $22,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $257,000 |
total expense investment | $59,000 | $135,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $500,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$27,456 | -$58,185 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $47,000 | $197,000 |
cumulative roi | $53 | $53 | $70 | $85 | $100 | $114 | $127 | $141 | $155 | $169 | $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