Suite number:
Hart
Project:
Address:
Clarington, Ontario
Developer:
Kaitlin Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1082 sqft
Occupancy Date:
May 2024
Price, CAD
$1,005,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.68%
Cumulative Return on Investment in Year 5
150.91%
Property Price at the End of Year 5
$1,296,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 10839 days
$100,599
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $78,000 | $83,000 | $664,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $20,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $170,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $72,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $834,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $489,000 |
| total expense investment | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $489,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $23,000 | $20,000 | $23,000 | $27,000 | $31,000 | $35,000 | $39,000 | $44,000 | $49,000 | $54,000 | $345,000 |
| cumulative roi | $147 | $144 | $145 | $148 | $151 | $154 | $158 | $162 | $166 | $170 | $2,000 |
Modo 55
Address: Clarington, Ontario
Price Range: $1,006,000 - $1,006,000
Avail. suites: 1
1—2.5 bd
588—1474 SqFt