Suite number:
417 - E . 036
Project:
Address:
King, Ontario
Developer:
Zancor Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
612 sqft
Occupancy Date:
Jul 2025
Price, CAD
$739,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.95%
Cumulative Return on Investment in Year 5
92.69%
Property Price at the End of Year 5
$953,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$18,500
2.5% in 90 days
$18,500
10% on Occupancy
$73,999
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 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $488,000 |
| rent income | $12,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $247,000 |
| mortgage principal reduction | $5,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $108,000 |
| deposit interest | $469 | - | - | - | - | - | - | - | - | - | $469 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $81,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $868,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
| remaining balance payment | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
| closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | $5,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $99,000 |
| mortgage payment | $22,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $355,000 |
| total expense investment | $227,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $654,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$146,259 | $25,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $214,000 |
| cumulative roi | $32 | $50 | $65 | $80 | $93 | $105 | $117 | $129 | $141 | $154 | $967 |
King Terraces
Address: King, Ontario
Price Range: $600,000 - $1,299,000
Avail. suites: 25
0—3 bd
442—1447 SqFt