Suite number:
414 - S2BB (Building 4)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
862 sqft
Occupancy Date:
Nov 2024
Price, CAD
$765,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
87.34%
Cumulative Return on Investment in Year 5
430.90%
Property Price at the End of Year 5
$987,000
Deposit Schedule
$5,000 at Signing
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 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $506,000 |
| rent income | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $383,000 |
| mortgage principal reduction | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $122,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $105,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $107,000 | $113,000 | $118,000 | $124,000 | $1,034,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $121,000 |
| mortgage payment | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $373,000 |
| total expense investment | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $494,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $57,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $57,000 | $62,000 | $67,000 | $72,000 | $541,000 |
| cumulative roi | $493 | $417 | $407 | $415 | $431 | $453 | $480 | $512 | $550 | $594 | $5,000 |
Soleil Condos
Address: Milton, Ontario
Price Range: $681,000 - $808,000
Avail. suites: 12
1—2.5 bd
551—971 SqFt