Suite number:
207 - Carr
Project:
Address:
Clarington, Ontario
Developer:
Monde Development Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
809 sqft
Occupancy Date:
Jun 2025
Price, CAD
$707,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.09%
Cumulative Return on Investment in Year 5
103.61%
Property Price at the End of Year 5
$912,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$35,395
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 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $467,000 |
| rent income | $16,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $327,000 |
| mortgage principal reduction | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $104,000 |
| deposit interest | $556 | - | - | - | - | - | - | - | - | - | $556 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $83,000 | $77,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $922,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
| remaining balance payment | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | $6,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $110,000 |
| mortgage payment | $21,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $340,000 |
| total expense investment | $219,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $643,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$136,656 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $54,000 | $59,000 | $64,000 | $279,000 |
| cumulative roi | $33 | $52 | $70 | $87 | $104 | $120 | $136 | $153 | $171 | $190 | $1,000 |
Mondria 1
Address: Clarington, Ontario
Price Range: $708,000 - $957,000
Avail. suites: 8
1—3.5 bd
518—1273 SqFt