Suite number:
318 - Tommasso
Project:
Address:
Clarington, Ontario
Developer:
Monde Development Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1092 sqft
Occupancy Date:
Jun 2025
Price, CAD
$956,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.88%
Cumulative Return on Investment in Year 5
105.02%
Property Price at the End of Year 5
$1,233,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$47,845
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 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $79,000 | $632,000 |
rent income | $22,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $441,000 |
mortgage principal reduction | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $140,000 |
deposit interest | $751 | - | - | - | - | - | - | - | - | - | $751 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $103,000 | $104,000 | $109,000 | $114,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $1,237,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
remaining balance payment | $144,000 | - | - | - | - | - | - | - | - | - | $144,000 |
closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
operating expense | $8,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $149,000 |
mortgage payment | $28,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $459,000 |
total expense investment | $284,000 | $62,000 | $62,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $856,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$180,183 | $41,000 | $46,000 | $51,000 | $56,000 | $62,000 | $67,000 | $73,000 | $79,000 | $86,000 | $381,000 |
cumulative roi | $31 | $52 | $70 | $88 | $105 | $122 | $139 | $156 | $174 | $193 | $1,000 |
Mondria 1
Address: Clarington, Ontario
Price Range: $708,000 - $957,000
Avail. suites: 8
1—3.5 bd
518—1273 SqFt