Suite number:
A503 - 2J
Project:
Address:
New Market, Ontario
Developer:
Briarwood Development Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
923 sqft
Occupancy Date:
Jun 2025
Price, CAD
$899,160
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
52.40%
Cumulative Return on Investment in Year 5
255.33%
Property Price at the End of Year 5
$1,158,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 9999 days
$89,916
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 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $342,000 |
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 | $110,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $1,098,000 |
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 | $138,000 |
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 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $588,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $52,000 | $32,000 | $36,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $71,000 | $509,000 |
cumulative roi | $303 | $257 | $249 | $250 | $255 | $263 | $272 | $283 | $296 | $309 | $3,000 |
Kingsley Square
Address: New Market, Ontario
Price Range: $610,000 - $982,000
Avail. suites: 97
1—2.5 bd
480—1122 SqFt