Suite number:
B-601-J
Project:
Address:
Milton, Ontario
Developer:
Neatt Communities
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
601 sqft
Occupancy Date:
Jun 2028
Price, CAD
$637,490
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.13%
Cumulative Return on Investment in Year 5
110.52%
Property Price at the End of Year 5
$821,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,875
5% in 365 days
$31,875
2.5% in 545 days
$15,937
2.5% in 720 days
$15,937
5% on Occupancy
$31,875
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $421,000 |
| rent income | - | - | $7,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $177,000 |
| mortgage principal reduction | - | - | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $67,000 |
| deposit interest | -$2 | $4,000 | $3,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $39,000 | $73,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $696,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $32,000 | $64,000 | $32,000 | - | - | - | - | - | - | - | $127,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $65,000 |
| mortgage payment | - | - | $11,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $234,000 |
| total expense investment | $32,000 | $64,000 | $95,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $476,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | -$24,733 | -$21,565 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $49,000 | $220,000 |
| cumulative roi | $104 | $75 | $79 | $96 | $111 | $125 | $138 | $152 | $165 | $179 | $1,000 |
Stationside Condos
Address: Milton, Ontario
Price Range: $510,000 - $744,000
Avail. suites: 11
1—2 bd
447—782 SqFt