Suite number:
1006 - Alma
Project:
Address:
Waterloo, Ontario
Developer:
HIP Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
753 sqft
Occupancy Date:
Mar 2027
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.28%
Cumulative Return on Investment in Year 5
110.74%
Property Price at the End of Year 5
$954,000
Deposit Schedule
$10,000 at Signing
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 | $38,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $489,000 |
| rent income | - | - | $15,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $195,000 |
| mortgage principal reduction | - | - | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $86,000 |
| deposit interest | $2,000 | $6,000 | $2,000 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $40,000 | $46,000 | $89,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $803,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $37,000 | $74,000 | - | - | - | - | - | - | - | - | $111,000 |
| remaining balance payment | - | - | $37,000 | - | - | - | - | - | - | - | $37,000 |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $76,000 |
| mortgage payment | - | - | $24,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $276,000 |
| total expense investment | $37,000 | $74,000 | $117,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $551,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$27,803 | -$27,911 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $252,000 |
| cumulative roi | $109 | $78 | $80 | $96 | $111 | $125 | $138 | $151 | $163 | $176 | $1,000 |
Strata Condos
Address: Waterloo, Ontario
Price Range: $1,200,000 - $1,200,000
Avail. suites: 2
1—2 bd
540—1300 SqFt