Suite number:
403 - P . 061
Project:
Address:
King, Ontario
Developer:
Zancor Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
940 sqft
Occupancy Date:
Jul 2025
Price, CAD
$1,099,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.89%
Cumulative Return on Investment in Year 5
94.59%
Property Price at the End of Year 5
$1,417,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$27,500
2.5% in 90 days
$27,500
10% on Occupancy
$109,999
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 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $726,000 |
| rent income | $19,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $380,000 |
| mortgage principal reduction | $8,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $161,000 |
| deposit interest | $686 | - | - | - | - | - | - | - | - | - | $686 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $109,000 | $108,000 | $113,000 | $119,000 | $124,000 | $130,000 | $137,000 | $143,000 | $150,000 | $158,000 | $1,291,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $165,000 | - | - | - | - | - | - | - | - | - | $165,000 |
| remaining balance payment | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| closing cost | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | $8,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $151,000 |
| mortgage payment | $32,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $528,000 |
| total expense investment | $319,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $958,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$210,700 | $38,000 | $43,000 | $48,000 | $54,000 | $59,000 | $65,000 | $72,000 | $78,000 | $85,000 | $333,000 |
| cumulative roi | $30 | $49 | $66 | $81 | $95 | $108 | $121 | $133 | $146 | $159 | $986 |
King Terraces
Address: King, Ontario
Price Range: $600,000 - $1,299,000
Avail. suites: 25
0—3 bd
442—1447 SqFt