Suite number:
1BDV/1BDW
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
643 sqft
Occupancy Date:
Sep 2027
Price, CAD
$610,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.30%
Cumulative Return on Investment in Year 5
105.25%
Property Price at the End of Year 5
$787,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,550
2.5% in 120 days
$15,275
2.5% in 240 days
$15,275
5% on Occupancy
$30,550
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 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $403,000 |
| rent income | - | - | $5,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $156,000 |
| mortgage principal reduction | - | - | $2,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $64,000 |
| deposit interest | -$1,623 | $3,000 | $2,000 | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $30,000 | $37,000 | $68,000 | $64,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $651,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $61,000 | - | $31,000 | - | - | - | - | - | - | - | $92,000 |
| remaining balance payment | - | - | $31,000 | - | - | - | - | - | - | - | $31,000 |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $2,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $65,000 |
| mortgage payment | - | - | $8,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $222,000 |
| total expense investment | $61,000 | - | $120,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $458,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$31,041 | $37,000 | -$52,124 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $45,000 | $193,000 |
| cumulative roi | $52 | $109 | $76 | $91 | $105 | $118 | $131 | $143 | $155 | $167 | $1,000 |
The Laurels
Address: Milton, Ontario
Price Range: $507,000 - $796,000
Avail. suites: 22
1—2.5 bd
503—803 SqFt