Suite number:
Gilbert
Project:
Address:
Whitby, Ontario
Developer:
Brookfield Residential
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
636 sqft
Occupancy Date:
Dec 2024
Price, CAD
$599,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.24%
Cumulative Return on Investment in Year 5
101.79%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,995
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
| rent income | $20,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $269,000 |
| mortgage principal reduction | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $95,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $83,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $784,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| remaining balance payment | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
| closing cost | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
| operating expense | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $97,000 |
| mortgage payment | $27,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $289,000 |
| total expense investment | $202,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $554,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$119,285 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $45,000 | $49,000 | $53,000 | $230,000 |
| cumulative roi | $35 | $53 | $70 | $86 | $102 | $117 | $133 | $149 | $165 | $182 | $1,000 |
Station No. 3
Address: Whitby, Ontario
Price Range: $535,000 - $970,000
Avail. suites: 22
1—3.5 bd
516—1519 SqFt