Suite number:
409 1K D
Project:
Address:
Guelph, Ontario
Developer:
Fusion Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
764 sqft
Occupancy Date:
Jan 2025
Price, CAD
$656,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.86%
Cumulative Return on Investment in Year 5
88.60%
Property Price at the End of Year 5
$846,000
Deposit Schedule
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $434,000 |
| rent income | $11,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $179,000 |
| mortgage principal reduction | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $101,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $76,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $738,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $131,000 | - | - | - | - | - | - | - | - | - | $131,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $86,000 |
| mortgage payment | $24,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $312,000 |
| total expense investment | $210,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $578,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$133,969 | $21,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $43,000 | $46,000 | $160,000 |
| cumulative roi | $33 | $49 | $64 | $77 | $89 | $100 | $110 | $121 | $131 | $141 | $914 |
Anthem at The Metalworks
Address: Guelph, Ontario
Price Range: $587,000 - $966,000
Avail. suites: 16
1—2.5 bd
571—1350 SqFt