Suite number:
306 - Thomson
Project:
Address:
Clarington, Ontario
Developer:
Monde Development Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
908 sqft
Occupancy Date:
Jun 2025
Price, CAD
$794,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.42%
Cumulative Return on Investment in Year 5
104.20%
Property Price at the End of Year 5
$1,024,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$39,745
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 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $525,000 |
rent income | $18,000 | $33,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $367,000 |
mortgage principal reduction | $6,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $116,000 |
deposit interest | $624 | - | - | - | - | - | - | - | - | - | $624 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $90,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $125,000 | $1,032,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
remaining balance payment | $119,000 | - | - | - | - | - | - | - | - | - | $119,000 |
closing cost | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
operating expense | $7,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $124,000 |
mortgage payment | $23,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $381,000 |
total expense investment | $242,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $717,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$151,863 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $61,000 | $66,000 | $71,000 | $315,000 |
cumulative roi | $32 | $52 | $70 | $87 | $104 | $121 | $137 | $155 | $172 | $191 | $1,000 |
Mondria 1
Address: Clarington, Ontario
Price Range: $708,000 - $957,000
Avail. suites: 8
1—3.5 bd
518—1273 SqFt