Suite number:

B-605

Address:
Milton, Ontario
Developer:
Neatt Communities
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1.5
Size:
601 sqft
Occupancy Date:
Jun 2027
Price, CAD
$652,490
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

23.35%

Cumulative Return on Investment in Year 5

111.13%

Property Price at the End of Year 5

$841,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$32,625
5% in 365 days
$32,625
2.5% in 545 days
$16,312
2.5% in 720 days
$16,312
5% on Occupancy
$32,625
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$34,000$36,000$38,000$39,000$42,000$44,000$46,000$48,000$51,000$54,000$431,000
rent income--$11,000$22,000$22,000$23,000$24,000$26,000$27,000$28,000$182,000
mortgage principal reduction--$4,000$9,000$9,000$9,000$10,000$10,000$11,000$11,000$73,000
deposit interest-$2$4,000$3,000-------$7,000
gst hst rebate--$24,000-------$24,000
total income return$34,000$40,000$79,000$70,000$73,000$77,000$80,000$84,000$88,000$93,000$717,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$33,000$65,000$33,000-------$130,000
remaining balance payment-----------
closing cost--$49,000-------$49,000
operating expense--$4,000$8,000$9,000$9,000$9,000$9,000$10,000$10,000$69,000
mortgage payment--$16,000$32,000$32,000$32,000$32,000$32,000$32,000$32,000$238,000
total expense investment$33,000$65,000$101,000$40,000$40,000$41,000$41,000$41,000$42,000$42,000$486,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$1,000-$25,315-$22,354$30,000$33,000$36,000$39,000$43,000$47,000$51,000$231,000
cumulative roi$104$75$79$96$111$126$140$154$167$181$1,000
Stationside Condos
Address: Milton, Ontario
Price Range: $492,000 - $744,000
Avail. suites: 12
1—2 bd
447—782 SqFt