Suite number:
1BDA/1BDB
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
503 sqft
Occupancy Date:
Sep 2027
Price, CAD
$568,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.20%
Cumulative Return on Investment in Year 5
105.61%
Property Price at the End of Year 5
$733,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$28,450
2.5% in 120 days
$14,225
2.5% in 240 days
$14,225
5% on Occupancy
$28,450
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 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $376,000 |
| rent income | - | - | $4,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $146,000 |
| mortgage principal reduction | - | - | $2,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $59,000 |
| deposit interest | -$1,511 | $3,000 | $2,000 | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $28,000 | $34,000 | $65,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $608,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $57,000 | - | $28,000 | - | - | - | - | - | - | - | $85,000 |
| remaining balance payment | - | - | $28,000 | - | - | - | - | - | - | - | $28,000 |
| closing cost | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | $2,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $55,000 |
| mortgage payment | - | - | $7,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $207,000 |
| total expense investment | $57,000 | - | $114,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $424,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$28,907 | $34,000 | -$49,246 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $184,000 |
| cumulative roi | $52 | $109 | $76 | $91 | $106 | $119 | $132 | $144 | $157 | $169 | $1,000 |
The Laurels
Address: Milton, Ontario
Price Range: $507,000 - $796,000
Avail. suites: 22
1—2.5 bd
503—803 SqFt