Suite number:

N-472-J

Address:
Milton, Ontario
Developer:
Neatt Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
472 sqft
Occupancy Date:
Jun 2027
Price, CAD
$491,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

20.10%

Cumulative Return on Investment in Year 5

99.14%

Property Price at the End of Year 5

$634,000

Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$24,600
5% in 365 days
$24,600
2.5% in 545 days
$12,300
2.5% in 720 days
$12,300
5% on Occupancy
$24,600
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$26,000$27,000$28,000$30,000$31,000$33,000$35,000$36,000$38,000$40,000$325,000
rent income--$6,000$11,000$12,000$12,000$13,000$13,000$14,000$15,000$97,000
mortgage principal reduction--$4,000$6,000$7,000$7,000$7,000$8,000$8,000$8,000$54,000
deposit interest-$1$3,000$2,000-------$5,000
gst hst rebate--$24,000-------$24,000
total income return$26,000$30,000$64,000$47,000$50,000$52,000$55,000$57,000$60,000$63,000$504,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$25,000$49,000$25,000-------$98,000
remaining balance payment-----------
closing cost--$47,000-------$47,000
operating expense--$3,000$6,000$6,000$6,000$6,000$7,000$7,000$7,000$48,000
mortgage payment--$14,000$25,000$25,000$25,000$25,000$25,000$25,000$25,000$187,000
total expense investment$25,000$49,000$89,000$31,000$31,000$31,000$31,000$31,000$31,000$31,000$380,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$910-$19,090-$25,454$17,000$19,000$21,000$24,000$26,000$29,000$32,000$124,000
cumulative roi$104$75$75$88$99$109$119$129$138$147$1,000
Stationside Condos
Address: Milton, Ontario
Price Range: $492,000 - $744,000
Avail. suites: 12
1—2 bd
447—782 SqFt