Suite number:
349 - E . 052
Project:
Address:
King, Ontario
Developer:
Zancor Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
640 sqft
Occupancy Date:
Jul 2025
Price, CAD
$759,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.09%
Cumulative Return on Investment in Year 5
93.17%
Property Price at the End of Year 5
$979,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$19,000
2.5% in 90 days
$19,000
10% on Occupancy
$75,999
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 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $502,000 |
| rent income | $13,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $258,000 |
| mortgage principal reduction | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $111,000 |
| deposit interest | $481 | - | - | - | - | - | - | - | - | - | $481 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $82,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $103,000 | $109,000 | $896,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $114,000 | - | - | - | - | - | - | - | - | - | $114,000 |
| remaining balance payment | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
| closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | $6,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $103,000 |
| mortgage payment | $22,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $365,000 |
| total expense investment | $232,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $672,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$149,706 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $59,000 | $224,000 |
| cumulative roi | $32 | $50 | $66 | $80 | $93 | $106 | $118 | $130 | $143 | $155 | $973 |
King Terraces
Address: King, Ontario
Price Range: $600,000 - $1,299,000
Avail. suites: 25
0—3 bd
442—1447 SqFt