Suite number:
D-521
Project:
Address:
Milton, Ontario
Developer:
Neatt Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
516 sqft
Occupancy Date:
Jun 2027
Price, CAD
$566,490
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.53%
Cumulative Return on Investment in Year 5
99.57%
Property Price at the End of Year 5
$730,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$28,325
5% in 365 days
$28,325
2.5% in 545 days
$14,162
2.5% in 720 days
$14,162
5% on Occupancy
$28,325
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 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $374,000 |
rent income | - | - | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $106,000 |
mortgage principal reduction | - | - | $4,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $62,000 |
deposit interest | -$2 | $4,000 | $2,000 | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $29,000 | $35,000 | $69,000 | $54,000 | $57,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $571,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $28,000 | $57,000 | $28,000 | - | - | - | - | - | - | - | $113,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
operating expense | - | - | $4,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $53,000 |
mortgage payment | - | - | $17,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $215,000 |
total expense investment | $28,000 | $57,000 | $97,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $430,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $1,000 | -$21,981 | -$27,569 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $141,000 |
cumulative roi | $104 | $75 | $75 | $88 | $100 | $110 | $120 | $129 | $138 | $147 | $1,000 |
Stationside Condos
Address: Milton, Ontario
Price Range: $492,000 - $744,000
Avail. suites: 12
1—2 bd
447—782 SqFt