Suite number:
1303 - 1H
Project:
Address:
Waterloo, Ontario
Developer:
Momentum Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
567 sqft
Occupancy Date:
Jun 2026
$584,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.42%
Cumulative Return on Investment in Year 5
104.11%
Property Price at the End of Year 5
$754,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,250
5% in 365 days
$29,250
5% on Occupancy
$29,250
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 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $386,000 |
rent income | - | $10,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $199,000 |
mortgage principal reduction | - | $4,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $76,000 |
deposit interest | -$2 | $2,000 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $30,000 | $71,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $687,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $29,000 | $58,000 | - | - | - | - | - | - | - | - | $88,000 |
remaining balance payment | - | $29,000 | - | - | - | - | - | - | - | - | $29,000 |
closing cost | - | $47,000 | - | - | - | - | - | - | - | - | $47,000 |
operating expense | - | $4,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $69,000 |
mortgage payment | - | $14,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $242,000 |
total expense investment | $29,000 | $153,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $38,000 | $475,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $1,000 | -$81,528 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $41,000 | $45,000 | $48,000 | $213,000 |
cumulative roi | $104 | $54 | $72 | $89 | $104 | $119 | $134 | $149 | $164 | $179 | $1,000 |
Q Condos
Address: Waterloo, Ontario
Price Range: $551,000 - $900,000
Avail. suites: 18
1—3.5 bd
452—1063 SqFt