Suite number:
R-699
Project:
Address:
Milton, Ontario
Developer:
Neatt Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
710 sqft
Occupancy Date:
Jun 2027
Price, CAD
$743,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.07%
Cumulative Return on Investment in Year 5
108.47%
Property Price at the End of Year 5
$958,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$37,200
5% in 365 days
$37,200
2.5% in 545 days
$18,600
2.5% in 720 days
$18,600
5% on Occupancy
$37,200
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 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $491,000 |
| rent income | - | - | $10,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $179,000 |
| mortgage principal reduction | - | - | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $84,000 |
| deposit interest | -$2 | $5,000 | $3,000 | - | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $39,000 | $46,000 | $85,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $786,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $37,000 | $74,000 | $37,000 | - | - | - | - | - | - | - | $149,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $5,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $77,000 |
| mortgage payment | - | - | $18,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $271,000 |
| total expense investment | $37,000 | $74,000 | $110,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $548,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | -$28,865 | -$25,460 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $238,000 |
| cumulative roi | $104 | $75 | $79 | $94 | $108 | $121 | $134 | $146 | $157 | $169 | $1,000 |
Stationside Condos
Address: Milton, Ontario
Price Range: $492,000 - $744,000
Avail. suites: 12
1—2 bd
447—782 SqFt