Suite number:
The Rose
Project:
Address:
Brampton, Ontario
Developer:
The Daniels Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
618 sqft
Occupancy Date:
Jun 2023
$579,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.95%
Cumulative Return on Investment in Year 5
157.13%
Property Price at the End of Year 5
$747,000
Deposit Schedule
$7,500 at Signing
Total up to 10% in 210 days
$57,990
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 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $383,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $19,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $109,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $49,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $492,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $282,000 |
total expense investment | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $282,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $21,000 | $12,000 | $14,000 | $16,000 | $18,000 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $210,000 |
cumulative roi | $173 | $157 | $155 | $155 | $157 | $160 | $163 | $166 | $170 | $174 | $2,000 |
OMG 2 Condos
Address: Brampton, Ontario
Price Range: $555,000 - $707,000
Avail. suites: 5
1—2 bd
598—904 SqFt