Suite number:
A1304 - 2I+D
Project:
Address:
New Market, Ontario
Developer:
Briarwood Development Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
882 sqft
Occupancy Date:
Jun 2025
Price, CAD
$906,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.48%
Cumulative Return on Investment in Year 5
98.22%
Property Price at the End of Year 5
$1,168,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$45,345
5% on Occupancy
$45,345
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 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $599,000 |
| rent income | $15,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $352,000 |
| mortgage principal reduction | $6,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $131,000 |
| deposit interest | $11 | - | - | - | - | - | - | - | - | - | $11 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $92,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $1,106,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
| remaining balance payment | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
| closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | $6,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $129,000 |
| mortgage payment | $23,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $431,000 |
| total expense investment | $265,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $797,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$173,358 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $63,000 | $69,000 | $75,000 | $309,000 |
| cumulative roi | $31 | $50 | $67 | $83 | $98 | $113 | $127 | $141 | $156 | $170 | $1,000 |
Kingsley Square
Address: New Market, Ontario
Price Range: $655,000 - $982,000
Avail. suites: 95
1—2.5 bd
480—1122 SqFt