Suite number:
N-472-J
Project:
Address:
Milton, Ontario
Developer:
Neatt Communities
Property type:
condo
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
20.79%
Cumulative Return on Investment in Year 5
102.16%
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
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $95,000 |
| mortgage principal reduction | - | - | $3,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $55,000 |
| deposit interest | -$1 | $3,000 | $2,000 | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $26,000 | $30,000 | $63,000 | $48,000 | $50,000 | $52,000 | $55,000 | $58,000 | $60,000 | $63,000 | $505,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $25,000 | $49,000 | $25,000 | - | - | - | - | - | - | - | $98,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $45,000 | - | - | - | - | - | - | - | $45,000 |
| operating expense | - | - | $3,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $49,000 |
| mortgage payment | - | - | $12,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $179,000 |
| total expense investment | $25,000 | $49,000 | $85,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $31,000 | $372,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $910 | -$19,088 | -$21,952 | $18,000 | $20,000 | $22,000 | $24,000 | $27,000 | $30,000 | $32,000 | $132,000 |
| cumulative roi | $104 | $75 | $77 | $90 | $102 | $113 | $123 | $133 | $142 | $151 | $1,000 |
Stationside Condos
Address: Milton, Ontario
Price Range: $492,000 - $744,000
Avail. suites: 12
1—2 bd
447—782 SqFt