Suite number:
1011 1K Bf
Project:
Address:
Guelph, Ontario
Developer:
Fusion Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
665 sqft
Occupancy Date:
Jan 2025
Price, CAD
$626,500
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.11%
Cumulative Return on Investment in Year 5
85.28%
Property Price at the End of Year 5
$807,000
Deposit Schedule
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $413,000 |
| rent income | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $139,000 |
| mortgage principal reduction | $6,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $97,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $71,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $80,000 | $673,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $125,000 | - | - | - | - | - | - | - | - | - | $125,000 |
| closing cost | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
| operating expense | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $75,000 |
| mortgage payment | $23,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $297,000 |
| total expense investment | $201,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $546,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$129,835 | $17,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $128,000 |
| cumulative roi | $33 | $49 | $62 | $74 | $85 | $95 | $105 | $114 | $123 | $132 | $874 |
Anthem at The Metalworks
Address: Guelph, Ontario
Price Range: $587,000 - $966,000
Avail. suites: 16
1—2.5 bd
571—1350 SqFt