Suite number:
Ash
Project:
Address:
Whitby, Ontario
Developer:
Brookfield Residential
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
660 sqft
Occupancy Date:
Dec 2024
Price, CAD
$661,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.10%
Cumulative Return on Investment in Year 5
100.13%
Property Price at the End of Year 5
$853,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$33,095
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $437,000 |
| rent income | $21,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $279,000 |
| mortgage principal reduction | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $104,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $87,000 | $69,000 | $73,000 | $76,000 | $80,000 | $83,000 | $88,000 | $92,000 | $96,000 | $101,000 | $844,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
| remaining balance payment | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $102,000 |
| mortgage payment | $30,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $319,000 |
| total expense investment | $219,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $602,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$131,370 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $45,000 | $48,000 | $53,000 | $57,000 | $242,000 |
| cumulative roi | $34 | $52 | $69 | $85 | $100 | $115 | $130 | $145 | $160 | $176 | $1,000 |
Station No. 3
Address: Whitby, Ontario
Price Range: $535,000 - $970,000
Avail. suites: 22
1—3.5 bd
516—1519 SqFt