Suite number:
1111 - 2BDG/2BDH
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
803 sqft
Occupancy Date:
Mar 2028
Price, CAD
$797,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.47%
Cumulative Return on Investment in Year 5
108.54%
Property Price at the End of Year 5
$1,028,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$39,900
2.5% in 120 days
$19,950
2.5% in 240 days
$19,950
5% on Occupancy
$39,900
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $527,000 |
| rent income | - | - | $14,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $242,000 |
| mortgage principal reduction | - | - | $5,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $87,000 |
| deposit interest | -$1,551 | $4,000 | $2,000 | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $40,000 | $48,000 | $91,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $116,000 | $884,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $80,000 | - | $40,000 | - | - | - | - | - | - | - | $120,000 |
| remaining balance payment | - | - | $40,000 | - | - | - | - | - | - | - | $40,000 |
| closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | - | $5,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $89,000 |
| mortgage payment | - | - | $20,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $300,000 |
| total expense investment | $80,000 | - | $158,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $601,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$39,973 | $48,000 | -$67,655 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $58,000 | $63,000 | $283,000 |
| cumulative roi | $52 | $110 | $75 | $93 | $109 | $124 | $138 | $153 | $167 | $182 | $1,000 |
The Laurels
Address: Milton, Ontario
Price Range: $507,000 - $798,000
Avail. suites: 33
1—2.5 bd
503—803 SqFt