Suite number:
Colborne
Project:
Address:
Whitby, Ontario
Developer:
Brookfield Residential
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
728 sqft
Occupancy Date:
Dec 2024
Price, CAD
$584,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.56%
Cumulative Return on Investment in Year 5
145.99%
Property Price at the End of Year 5
$754,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,245
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 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $386,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $12,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $97,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $42,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $483,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $293,000 |
| total expense investment | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $293,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $13,000 | $10,000 | $13,000 | $15,000 | $17,000 | $19,000 | $22,000 | $24,000 | $27,000 | $30,000 | $190,000 |
| cumulative roi | $143 | $140 | $141 | $143 | $146 | $149 | $153 | $157 | $161 | $165 | $1,000 |
Station No. 3
Address: Whitby, Ontario
Price Range: $460,000 - $945,000
Avail. suites: 19
1—3.5 bd
516—1519 SqFt