Suite number:
1007 1K D
Project:
Address:
Guelph, Ontario
Developer:
Fusion Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
764 sqft
Occupancy Date:
Jan 2025
Price, CAD
$668,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.85%
Cumulative Return on Investment in Year 5
88.38%
Property Price at the End of Year 5
$862,000
Deposit Schedule
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 | $35,000 | $37,000 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $441,000 |
| rent income | $11,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $179,000 |
| mortgage principal reduction | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $103,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $76,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $81,000 | $85,000 | $90,000 | $748,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $134,000 | - | - | - | - | - | - | - | - | - | $134,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $87,000 |
| mortgage payment | $24,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $317,000 |
| total expense investment | $213,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $586,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$136,336 | $21,000 | $23,000 | $26,000 | $29,000 | $33,000 | $36,000 | $39,000 | $43,000 | $47,000 | $161,000 |
| cumulative roi | $33 | $49 | $64 | $77 | $88 | $99 | $110 | $120 | $130 | $140 | $911 |
Anthem at The Metalworks
Address: Guelph, Ontario
Price Range: $587,000 - $966,000
Avail. suites: 16
1—2.5 bd
571—1350 SqFt