Suite number:
112
Project:
Address:
Milton, Ontario
Developer:
Sutherland Development Group
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1468 sqft
Occupancy Date:
Dec 2025
$975,800
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
27.03%
Cumulative Return on Investment in Year 5
127.48%
Property Price at the End of Year 5
$1,257,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$48,790
2.5% in 120 days
$24,395
2.5% in 240 days
$24,395
5% on Occupancy
$48,790
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 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $644,000 |
rent income | - | $52,000 | $54,000 | $56,000 | $58,000 | $61,000 | $64,000 | $66,000 | $69,000 | $72,000 | $552,000 |
mortgage principal reduction | - | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $137,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $52,000 | $141,000 | $123,000 | $129,000 | $135,000 | $141,000 | $148,000 | $155,000 | $163,000 | $170,000 | $1,358,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $146,000 | - | - | - | - | - | - | - | - | - | $146,000 |
remaining balance payment | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
operating expense | - | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $20,000 | $160,000 |
mortgage payment | - | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $427,000 |
total expense investment | $250,000 | $63,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $68,000 | $838,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$197,877 | $78,000 | $59,000 | $65,000 | $70,000 | $76,000 | $82,000 | $89,000 | $96,000 | $103,000 | $521,000 |
cumulative roi | $21 | $55 | $79 | $103 | $127 | $154 | $182 | $212 | $244 | $278 | $1,000 |
Creekside Condos
Address: Milton, Ontario
Price Range: $651,000 - $991,000
Avail. suites: 56
1—3 bd
655—1468 SqFt