Suite number:
1110 - Berkley
Project:
Address:
Waterloo, Ontario
Developer:
HIP Developments
Property type:
condo
Bathrooms:
1.5
Bedrooms:
2
Size:
831 sqft
Occupancy Date:
Mar 2027
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.64%
Cumulative Return on Investment in Year 5
111.91%
Property Price at the End of Year 5
$1,008,000
Deposit Schedule
$10,000 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 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $517,000 |
| rent income | - | - | $16,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $215,000 |
| mortgage principal reduction | - | - | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $90,000 |
| deposit interest | $2,000 | $6,000 | $2,000 | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $49,000 | $94,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $856,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $39,000 | $78,000 | - | - | - | - | - | - | - | - | $117,000 |
| remaining balance payment | - | - | $39,000 | - | - | - | - | - | - | - | $39,000 |
| closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | - | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $84,000 |
| mortgage payment | - | - | $25,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $292,000 |
| total expense investment | $39,000 | $78,000 | $122,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $583,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$29,380 | -$28,364 | $35,000 | $38,000 | $42,000 | $46,000 | $51,000 | $55,000 | $60,000 | $273,000 |
| cumulative roi | $109 | $78 | $80 | $97 | $112 | $126 | $140 | $153 | $167 | $180 | $1,000 |
Strata Condos
Address: Waterloo, Ontario
Price Range: $1,200,000 - $1,200,000
Avail. suites: 2
1—2 bd
540—1300 SqFt