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
$491,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.82%
Cumulative Return on Investment in Year 5
107.04%
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)
Get Expert Advice
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 | - | - | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $94,000 |
mortgage principal reduction | - | - | $3,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $59,000 |
deposit interest | $1,000 | $3,000 | $2,000 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $27,000 | $30,000 | $62,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $508,000 |
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 | - | - | $2,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $48,000 |
mortgage payment | - | - | $9,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $167,000 |
total expense investment | $25,000 | $49,000 | $82,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $30,000 | $30,000 | $359,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$19,093 | -$19,808 | $20,000 | $22,000 | $24,000 | $26,000 | $29,000 | $31,000 | $34,000 | $149,000 |
cumulative roi | $109 | $77 | $80 | $94 | $107 | $119 | $130 | $140 | $151 | $161 | $1,000 |
Stationside Condos
Address: Milton, Ontario
Price Range: $492,000 - $809,000
Avail. suites: 13
1—2 bd
447—782 SqFt