Suite number:
303 - S1BG (Building 4)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
695 sqft
Occupancy Date:
Nov 2024
Price, CAD
$684,790
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
74.12%
Cumulative Return on Investment in Year 5
369.15%
Property Price at the End of Year 5
$882,000
Deposit Schedule
$5,000 at Signing
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 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $452,000 |
| rent income | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $309,000 |
| mortgage principal reduction | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $109,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $94,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $106,000 | $894,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $100,000 |
| mortgage payment | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $333,000 |
| total expense investment | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $45,000 | $433,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $52,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $49,000 | $53,000 | $57,000 | $62,000 | $460,000 |
| cumulative roi | $449 | $371 | $357 | $360 | $369 | $383 | $401 | $422 | $447 | $475 | $4,000 |
Soleil Condos
Address: Milton, Ontario
Price Range: $681,000 - $808,000
Avail. suites: 12
1—2.5 bd
551—971 SqFt