Suite number:
1409 2P
Project:
Address:
Guelph, Ontario
Developer:
Fusion Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1026 sqft
Occupancy Date:
Jan 2025
Price, CAD
$877,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.96%
Cumulative Return on Investment in Year 5
86.98%
Property Price at the End of Year 5
$1,131,000
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 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $579,000 |
| rent income | $15,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $237,000 |
| mortgage principal reduction | $8,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $131,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $93,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $972,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $176,000 | - | - | - | - | - | - | - | - | - | $176,000 |
| closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | $8,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $111,000 |
| mortgage payment | $33,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $429,000 |
| total expense investment | $271,000 | $54,000 | $55,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $56,000 | $769,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$178,106 | $26,000 | $29,000 | $33,000 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $202,000 |
| cumulative roi | $31 | $48 | $62 | $75 | $87 | $98 | $108 | $119 | $129 | $139 | $896 |
Anthem at The Metalworks
Address: Guelph, Ontario
Price Range: $587,000 - $966,000
Avail. suites: 16
1—2.5 bd
571—1350 SqFt