Suite number:
204- S1BG (Building 4)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
695 sqft
Occupancy Date:
Nov 2024
Price, CAD
$681,315
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
69.86%
Cumulative Return on Investment in Year 5
347.98%
Property Price at the End of Year 5
$878,000
Deposit Schedule
$5,000 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $450,000 |
| rent income | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $307,000 |
| mortgage principal reduction | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $105,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $93,000 | $72,000 | $76,000 | $80,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $886,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $96,000 |
| mortgage payment | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $341,000 |
| total expense investment | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $437,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $50,000 | $30,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $56,000 | $61,000 | $449,000 |
| cumulative roi | $423 | $349 | $336 | $339 | $348 | $362 | $379 | $400 | $423 | $451 | $4,000 |
Soleil Condos
Address: Milton, Ontario
Price Range: $681,000 - $808,000
Avail. suites: 12
1—2.5 bd
551—971 SqFt