Suite number:
A316 - 1W+D
Project:
Address:
New Market, Ontario
Developer:
Briarwood Development Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
717 sqft
Occupancy Date:
Jun 2025
Price, CAD
$667,810
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.33%
Cumulative Return on Investment in Year 5
99.97%
Property Price at the End of Year 5
$860,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$33,391
5% on Occupancy
$33,391
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 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $441,000 |
| rent income | $13,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $287,000 |
| mortgage principal reduction | $4,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $97,000 |
| deposit interest | $8 | - | - | - | - | - | - | - | - | - | $8 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $75,000 | $71,000 | $74,000 | $78,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $848,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
| remaining balance payment | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
| closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | $5,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $103,000 |
| mortgage payment | $17,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $318,000 |
| total expense investment | $205,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $604,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$130,261 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $58,000 | $244,000 |
| cumulative roi | $33 | $51 | $69 | $85 | $100 | $115 | $130 | $145 | $161 | $178 | $1,000 |
Kingsley Square
Address: New Market, Ontario
Price Range: $655,000 - $982,000
Avail. suites: 95
1—2.5 bd
480—1122 SqFt