Suite number:
C801 - C1DC (Phase 2)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
652 sqft
Occupancy Date:
Mar 2026
Price, CAD
$717,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.61%
Cumulative Return on Investment in Year 5
94.19%
Property Price at the End of Year 5
$925,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,900
2.5% in 120 days
$17,950
2.5% in 240 days
$17,950
5% on Occupancy
$35,900
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 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $474,000 |
rent income | - | $14,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $198,000 |
mortgage principal reduction | - | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $94,000 |
deposit interest | $901 | $684 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $38,000 | $85,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $791,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $72,000 | $36,000 | - | - | - | - | - | - | - | - | $108,000 |
remaining balance payment | - | $36,000 | - | - | - | - | - | - | - | - | $36,000 |
closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
operating expense | - | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $85,000 |
mortgage payment | - | $27,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $315,000 |
total expense investment | $72,000 | $157,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $595,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$33,669 | -$71,926 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $196,000 |
cumulative roi | $53 | $52 | $67 | $81 | $94 | $106 | $118 | $129 | $140 | $151 | $990 |
Mile and Creek Condos
Address: Milton, Ontario
Price Range: $546,000 - $901,000
Avail. suites: 82
1—3.5 bd
504—1039 SqFt