Suite number:
312 - George
Project:
Address:
Clearview, Ontario
Developer:
MDM Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1411 sqft
Occupancy Date:
Jan 2024
Price, CAD
$1,429,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
35.25%
Cumulative Return on Investment in Year 5
165.39%
Property Price at the End of Year 5
$1,842,000
Deposit Schedule
$10,000 at Signing
Total up to 6% in 10029 days
$85,794
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 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $944,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $38,000 | $22,000 | $23,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $268,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $112,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $134,000 | $140,000 | $147,000 | $1,211,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $655,000 |
| total expense investment | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $655,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $46,000 | $34,000 | $39,000 | $44,000 | $50,000 | $56,000 | $62,000 | $68,000 | $75,000 | $82,000 | $556,000 |
| cumulative roi | $170 | $161 | $161 | $163 | $165 | $169 | $172 | $176 | $180 | $185 | $2,000 |
Creemore Condos
Address: Clearview, Ontario
Price Range: $630,000 - $1,430,000
Avail. suites: 10
1—3 bd
700—1411 SqFt