Suite number:
1205 - 2BC/2BD
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
702 sqft
Occupancy Date:
Mar 2028
Price, CAD
$709,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.67%
Cumulative Return on Investment in Year 5
105.37%
Property Price at the End of Year 5
$915,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,500
2.5% in 120 days
$17,750
2.5% in 240 days
$17,750
5% on Occupancy
$35,500
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $469,000 |
| rent income | - | - | $5,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $171,000 |
| mortgage principal reduction | - | - | $2,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $74,000 |
| deposit interest | -$1,846 | $4,000 | $2,000 | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $43,000 | $75,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $741,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $71,000 | - | $35,000 | - | - | - | - | - | - | - | $106,000 |
| remaining balance payment | - | - | $35,000 | - | - | - | - | - | - | - | $35,000 |
| closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | - | $2,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $72,000 |
| mortgage payment | - | - | $9,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $258,000 |
| total expense investment | $71,000 | - | $133,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $523,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$36,030 | $43,000 | -$58,764 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $51,000 | $218,000 |
| cumulative roi | $52 | $109 | $76 | $92 | $105 | $118 | $130 | $142 | $153 | $165 | $1,000 |
The Laurels
Address: Milton, Ontario
Price Range: $507,000 - $798,000
Avail. suites: 33
1—2.5 bd
503—803 SqFt