Suite number:
1308 2K D
Project:
Address:
Guelph, Ontario
Developer:
Fusion Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1350 sqft
Occupancy Date:
Jan 2025
Price, CAD
$965,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.51%
Cumulative Return on Investment in Year 5
117.94%
Property Price at the End of Year 5
$1,244,000
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 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $637,000 |
| rent income | $35,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $65,000 | $68,000 | $557,000 |
| mortgage principal reduction | $9,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $144,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $118,000 | $114,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $158,000 | $165,000 | $1,362,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $193,000 | - | - | - | - | - | - | - | - | - | $193,000 |
| closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | $11,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $18,000 | $162,000 |
| mortgage payment | $36,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $472,000 |
| total expense investment | $297,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $883,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$178,585 | $50,000 | $55,000 | $61,000 | $66,000 | $72,000 | $78,000 | $85,000 | $92,000 | $99,000 | $479,000 |
| cumulative roi | $32 | $54 | $75 | $96 | $118 | $140 | $164 | $189 | $217 | $247 | $1,000 |
Anthem at The Metalworks
Address: Guelph, Ontario
Price Range: $587,000 - $966,000
Avail. suites: 16
1—2.5 bd
571—1350 SqFt