Suite number:
Q-659
Project:
Address:
Milton, Ontario
Developer:
Neatt Communities
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
659 sqft
Occupancy Date:
Jun 2027
Price, CAD
$699,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.92%
Cumulative Return on Investment in Year 5
108.75%
Property Price at the End of Year 5
$902,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,000
5% in 365 days
$35,000
2.5% in 545 days
$17,500
2.5% in 720 days
$17,500
5% on Occupancy
$35,000
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
| rent income | - | - | $13,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $201,000 |
| mortgage principal reduction | - | - | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $77,000 |
| deposit interest | -$2 | $5,000 | $2,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $36,000 | $43,000 | $85,000 | $75,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $771,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $35,000 | $70,000 | $35,000 | - | - | - | - | - | - | - | $140,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | - | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $74,000 |
| mortgage payment | - | - | $20,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $266,000 |
| total expense investment | $35,000 | $70,000 | $112,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $531,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | -$27,161 | -$26,819 | $31,000 | $34,000 | $38,000 | $42,000 | $45,000 | $50,000 | $54,000 | $241,000 |
| cumulative roi | $104 | $75 | $77 | $94 | $109 | $123 | $137 | $150 | $164 | $178 | $1,000 |
Stationside Condos
Address: Milton, Ontario
Price Range: $492,000 - $744,000
Avail. suites: 12
1—2 bd
447—782 SqFt