Suite number:
A504 - 2I+D
Project:
Address:
New Market, Ontario
Developer:
Briarwood Development Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
882 sqft
Occupancy Date:
Jun 2025
Price, CAD
$898,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
61.99%
Cumulative Return on Investment in Year 5
302.05%
Property Price at the End of Year 5
$1,158,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 9999 days
$89,890
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 | $67,000 | $70,000 | $74,000 | $593,000 |
| rent income | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $390,000 |
| mortgage principal reduction | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $139,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $114,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $1,146,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $139,000 |
| mortgage payment | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $450,000 |
| total expense investment | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $589,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $56,000 | $36,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $71,000 | $77,000 | $556,000 |
| cumulative roi | $350 | $298 | $291 | $294 | $302 | $313 | $327 | $344 | $362 | $383 | $3,000 |
Kingsley Square
Address: New Market, Ontario
Price Range: $610,000 - $982,000
Avail. suites: 97
1—2.5 bd
480—1122 SqFt