Suite number:
C505 - C2DA (Phase2)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
974 sqft
Occupancy Date:
Mar 2026
$761,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.53%
Cumulative Return on Investment in Year 5
112.30%
Property Price at the End of Year 5
$982,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$38,100
2.5% in 120 days
$19,050
2.5% in 240 days
$19,050
5% on Occupancy
$38,100
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 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $63,000 | $503,000 |
rent income | - | $26,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $45,000 | $47,000 | $354,000 |
mortgage principal reduction | - | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $103,000 |
deposit interest | $847 | $943 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $100,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $124,000 | $986,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $76,000 | $38,000 | - | - | - | - | - | - | - | - | $114,000 |
remaining balance payment | - | $38,000 | - | - | - | - | - | - | - | - | $38,000 |
closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
operating expense | - | $10,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $128,000 |
mortgage payment | - | $28,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $324,000 |
total expense investment | $76,000 | $164,000 | $50,000 | $51,000 | $51,000 | $52,000 | $52,000 | $53,000 | $53,000 | $54,000 | $656,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$35,841 | -$64,809 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $60,000 | $65,000 | $70,000 | $330,000 |
cumulative roi | $53 | $54 | $74 | $93 | $112 | $131 | $150 | $170 | $190 | $212 | $1,000 |
Mile and Creek Condos
Address: Milton, Ontario
Price Range: $546,000 - $901,000
Avail. suites: 82
1—3.5 bd
504—1039 SqFt