Suite number:
116
Project:
Address:
Milton, Ontario
Developer:
Sutherland Development Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1049 sqft
Occupancy Date:
Dec 2025
$840,800
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.27%
Cumulative Return on Investment in Year 5
106.12%
Property Price at the End of Year 5
$1,083,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$42,040
2.5% in 120 days
$21,020
2.5% in 240 days
$21,020
5% on Occupancy
$42,040
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 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $555,000 |
rent income | - | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $329,000 |
mortgage principal reduction | - | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $118,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $45,000 | $112,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $1,027,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $126,000 | - | - | - | - | - | - | - | - | - | $126,000 |
remaining balance payment | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
operating expense | - | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $113,000 |
mortgage payment | - | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $368,000 |
total expense investment | $220,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $55,000 | $55,000 | $702,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$175,409 | $60,000 | $39,000 | $44,000 | $48,000 | $52,000 | $57,000 | $62,000 | $67,000 | $72,000 | $325,000 |
cumulative roi | $21 | $53 | $72 | $89 | $106 | $122 | $139 | $155 | $172 | $189 | $1,000 |
Creekside Condos
Address: Milton, Ontario
Price Range: $651,000 - $991,000
Avail. suites: 56
1—3 bd
655—1468 SqFt