Suite number:
Kennedy Interior
Project:
Address:
Cambridge, Ontario
Developer:
Reids Heritage Homes
Property type:
townhouse
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
980 sqft
Occupancy Date:
Sep 2026
Price, CAD
$569,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.87%
Cumulative Return on Investment in Year 5
123.29%
Property Price at the End of Year 5
$734,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$28,495
2.5% in 120 days
$14,248
2.5% on Occupancy
$14,248
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 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $376,000 |
rent income | - | $21,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $297,000 |
mortgage principal reduction | - | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $74,000 |
deposit interest | $2,000 | $713 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $32,000 | $83,000 | $70,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $775,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
remaining balance payment | - | $57,000 | - | - | - | - | - | - | - | - | $57,000 |
closing cost | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
operating expense | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $66,000 |
mortgage payment | - | $21,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $250,000 |
total expense investment | $57,000 | $132,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $478,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,048 | -$49,258 | $34,000 | $37,000 | $41,000 | $44,000 | $48,000 | $52,000 | $56,000 | $60,000 | $297,000 |
cumulative roi | $56 | $57 | $79 | $100 | $123 | $147 | $173 | $201 | $231 | $262 | $1,000 |
Modal At Main
Address: Cambridge, Ontario
Price Range: $530,000 - $700,000
Avail. suites: 13
2—3 bd
780—1445 SqFt