Suite number:
B-605
Project:
Address:
Milton, Ontario
Developer:
Neatt Communities
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
605 sqft
Occupancy Date:
Jun 2028
Price, CAD
$652,490
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.16%
Cumulative Return on Investment in Year 5
110.40%
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
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - | $7,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $178,000 |
| mortgage principal reduction | - | - | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $69,000 |
| deposit interest | -$2 | $4,000 | $3,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $40,000 | $74,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $709,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $33,000 | $65,000 | $33,000 | - | - | - | - | - | - | - | $130,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $65,000 |
| mortgage payment | - | - | $11,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $240,000 |
| total expense investment | $33,000 | $65,000 | $96,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $486,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | -$25,315 | -$21,850 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $50,000 | $223,000 |
| cumulative roi | $104 | $75 | $79 | $96 | $110 | $124 | $138 | $151 | $164 | $178 | $1,000 |
Stationside Condos
Address: Milton, Ontario
Price Range: $510,000 - $744,000
Avail. suites: 11
1—2 bd
447—782 SqFt