Suite number:
Blair
Project:
Address:
Whitby, Ontario
Developer:
Brookfield Residential
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
898 sqft
Occupancy Date:
Dec 2024
$802,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.79%
Cumulative Return on Investment in Year 5
97.03%
Property Price at the End of Year 5
$1,034,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$40,145
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 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $530,000 |
rent income | $24,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $317,000 |
mortgage principal reduction | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $127,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $99,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $997,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
remaining balance payment | $120,000 | - | - | - | - | - | - | - | - | - | $120,000 |
closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
operating expense | $10,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $129,000 |
mortgage payment | $36,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $387,000 |
total expense investment | $258,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $53,000 | $53,000 | $54,000 | $54,000 | $729,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$159,080 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $61,000 | $66,000 | $268,000 |
cumulative roi | $32 | $51 | $67 | $83 | $97 | $111 | $125 | $138 | $152 | $166 | $1,000 |
Station No. 3
Address: Whitby, Ontario
Price Range: $535,000 - $970,000
Avail. suites: 22
1—3.5 bd
516—1519 SqFt