Suite number:
1BE/1BF
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
539 sqft
Occupancy Date:
Sep 2027
Price, CAD
$511,990
Available
ROI
13,35%
Monthly Expenses
- condo fees— $334
- property taxes— $128
- property management— $65
- repairs and maintenance— $32
Total: $559
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.84%
Cumulative Return on Investment in Year 5
100.40%
Property Price at the End of Year 5
$660,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$25,600
2.5% in 120 days
$12,800
2.5% in 240 days
$12,800
5% on Occupancy
$25,600
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $27,000 | $28,000 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $338,000 |
| rent income | - | - | $3,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $105,000 |
| mortgage principal reduction | - | - | $2,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $53,000 |
| deposit interest | -$1,360 | $3,000 | $2,000 | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $25,000 | $31,000 | $60,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $523,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $51,000 | - | $26,000 | - | - | - | - | - | - | - | $77,000 |
| remaining balance payment | - | - | $26,000 | - | - | - | - | - | - | - | $26,000 |
| closing cost | - | - | $47,000 | - | - | - | - | - | - | - | $47,000 |
| operating expense | - | - | $2,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $52,000 |
| mortgage payment | - | - | $6,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $186,000 |
| total expense investment | $51,000 | - | $107,000 | $32,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $388,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$26,011 | $31,000 | -$46,495 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $135,000 |
| cumulative roi | $52 | $109 | $75 | $89 | $100 | $111 | $121 | $131 | $141 | $150 | $1,000 |
The Laurels
Address: Milton, Ontario
Price Range: $507,000 - $796,000
Avail. suites: 22
1—2.5 bd
503—803 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.