Suite number:
1703
Project:
Address:
Milton, Ontario
Developer:
Lindvest
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
844 sqft
Occupancy Date:
Sep 2025
Price, CAD
$831,990
Available
ROI
14,04%
Monthly Expenses
- condo fees— $506
- property taxes— $208
- property management— $127
- repairs and maintenance— $63
Total: $904
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.91%
Cumulative Return on Investment in Year 5
94.93%
Property Price at the End of Year 5
$1,072,000
Deposit Schedule
$5,000 at Signing
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $549,000 |
rent income | $2,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $267,000 |
mortgage principal reduction | $837 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $114,000 |
deposit interest | $234 | - | - | - | - | - | - | - | - | - | $234 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $46,000 | $105,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $107,000 | $113,000 | $118,000 | $955,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | $161,000 | - | - | - | - | - | - | - | - | - | $161,000 |
closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
operating expense | $904 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $108,000 |
mortgage payment | $3,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $378,000 |
total expense investment | $224,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $55,000 | $707,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$178,120 | $52,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $58,000 | $63,000 | $248,000 |
cumulative roi | $20 | $50 | $67 | $81 | $95 | $108 | $120 | $133 | $145 | $157 | $976 |
Connectt Building B
Address: Milton, Ontario
Price Range: $590,000 - $860,000
Avail. suites: 21
1—2.5 bd
510—865 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.