Suite number:
1308 - 1L
Project:
Address:
Waterloo, Ontario
Developer:
Momentum Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
783 sqft
Occupancy Date:
Jun 2026
$739,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.46%
Cumulative Return on Investment in Year 5
101.94%
Property Price at the End of Year 5
$953,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$37,000
5% in 365 days
$37,000
5% on Occupancy
$37,000
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 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $488,000 |
rent income | - | $11,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $229,000 |
mortgage principal reduction | - | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $97,000 |
deposit interest | -$2 | $2,000 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $38,000 | $83,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $840,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $37,000 | $74,000 | - | - | - | - | - | - | - | - | $111,000 |
remaining balance payment | - | $37,000 | - | - | - | - | - | - | - | - | $37,000 |
closing cost | - | $50,000 | - | - | - | - | - | - | - | - | $50,000 |
operating expense | - | $5,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $89,000 |
mortgage payment | - | $18,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $306,000 |
total expense investment | $37,000 | $184,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $593,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $1,000 | -$101,326 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $58,000 | $248,000 |
cumulative roi | $104 | $53 | $71 | $87 | $102 | $116 | $130 | $143 | $156 | $170 | $1,000 |
Q Condos
Address: Waterloo, Ontario
Price Range: $551,000 - $900,000
Avail. suites: 18
1—3.5 bd
452—1063 SqFt