Suite number:
C705 - C2DA (Phase 2)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
974 sqft
Occupancy Date:
Mar 2026
Price, CAD
$894,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.38%
Cumulative Return on Investment in Year 5
102.33%
Property Price at the End of Year 5
$1,153,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$44,750
2.5% in 120 days
$22,375
7.5% on Occupancy
$67,124
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 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $591,000 |
rent income | $11,000 | $34,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $381,000 |
mortgage principal reduction | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $127,000 |
deposit interest | $600 | - | - | - | - | - | - | - | - | - | $600 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $86,000 | $95,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $138,000 | $1,123,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $134,000 | - | - | - | - | - | - | - | - | - | $134,000 |
remaining balance payment | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
operating expense | $4,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $137,000 |
mortgage payment | $15,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $418,000 |
total expense investment | $253,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $790,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$167,151 | $36,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $71,000 | $77,000 | $333,000 |
cumulative roi | $31 | $51 | $69 | $86 | $102 | $118 | $134 | $150 | $166 | $183 | $1,000 |
Mile and Creek Condos
Address: Milton, Ontario
Price Range: $548,000 - $931,000
Avail. suites: 72
1—3.5 bd
504—1039 SqFt