Suite number:
Charles
Project:
Address:
Whitby, Ontario
Developer:
Brookfield Residential
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1021 sqft
Occupancy Date:
Dec 2024
Price, CAD
$918,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.75%
Cumulative Return on Investment in Year 5
105.58%
Property Price at the End of Year 5
$1,184,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$45,945
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 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $606,000 |
| rent income | $33,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $432,000 |
| mortgage principal reduction | $11,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $145,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $115,000 | $100,000 | $105,000 | $110,000 | $115,000 | $120,000 | $126,000 | $132,000 | $139,000 | $145,000 | $1,207,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
| remaining balance payment | $138,000 | - | - | - | - | - | - | - | - | - | $138,000 |
| closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | $12,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $154,000 |
| mortgage payment | $41,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $443,000 |
| total expense investment | $291,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $61,000 | $61,000 | $62,000 | $62,000 | $835,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$175,555 | $41,000 | $46,000 | $50,000 | $55,000 | $60,000 | $65,000 | $71,000 | $77,000 | $83,000 | $372,000 |
| cumulative roi | $32 | $52 | $71 | $89 | $106 | $122 | $139 | $157 | $175 | $193 | $1,000 |
Station No. 3
Address: Whitby, Ontario
Price Range: $535,000 - $970,000
Avail. suites: 22
1—3.5 bd
516—1519 SqFt