Suite number:
312 - Hickory
Project:
Address:
Niagara Falls, Ontario
Developer:
Urbane Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
950 sqft
Occupancy Date:
Mar 2024
Price, CAD
$802,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.63%
Cumulative Return on Investment in Year 5
147.49%
Property Price at the End of Year 5
$1,034,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 9999 days
$160,598
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 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $530,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $19,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $137,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $60,000 | $55,000 | $58,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $667,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $402,000 |
| total expense investment | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $402,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $20,000 | $15,000 | $17,000 | $20,000 | $23,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $265,000 |
| cumulative roi | $150 | $143 | $143 | $145 | $147 | $151 | $154 | $158 | $162 | $166 | $2,000 |
Marbella Condominiums
Address: Niagara Falls, Ontario
Price Range: $789,000 - $1,080,000
Avail. suites: 12
1—2.5 bd
763—1423 SqFt