Suite number:
415 - E . 025
Project:
Address:
King, Ontario
Developer:
Zancor Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
511 sqft
Occupancy Date:
Jul 2025
Price, CAD
$639,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.84%
Cumulative Return on Investment in Year 5
83.46%
Property Price at the End of Year 5
$825,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$16,000
2.5% in 90 days
$16,000
10% on Occupancy
$63,999
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $422,000 |
| rent income | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $138,000 |
| mortgage principal reduction | $5,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $94,000 |
| deposit interest | $408 | - | - | - | - | - | - | - | - | - | $408 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $69,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $679,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| remaining balance payment | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
| closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | $4,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $77,000 |
| mortgage payment | $19,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $307,000 |
| total expense investment | $201,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $562,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$131,605 | $16,000 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $116,000 |
| cumulative roi | $33 | $48 | $61 | $73 | $83 | $93 | $102 | $111 | $120 | $128 | $853 |
King Terraces
Address: King, Ontario
Price Range: $600,000 - $1,299,000
Avail. suites: 25
0—3 bd
442—1447 SqFt