Suite number:
101 - 1BDP
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
631 sqft
Occupancy Date:
Mar 2028
Price, CAD
$620,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.89%
Cumulative Return on Investment in Year 5
108.02%
Property Price at the End of Year 5
$800,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,050
2.5% in 120 days
$15,525
2.5% in 240 days
$15,525
5% on Occupancy
$31,050
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $410,000 |
| rent income | - | - | $7,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $185,000 |
| mortgage principal reduction | - | - | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $66,000 |
| deposit interest | -$1,504 | $3,000 | $2,000 | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $37,000 | $72,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $689,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $62,000 | - | $31,000 | - | - | - | - | - | - | - | $93,000 |
| remaining balance payment | - | - | $31,000 | - | - | - | - | - | - | - | $31,000 |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $3,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $68,000 |
| mortgage payment | - | - | $10,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $228,000 |
| total expense investment | $62,000 | - | $125,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $470,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$31,403 | $37,000 | -$53,207 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $49,000 | $219,000 |
| cumulative roi | $52 | $109 | $76 | $93 | $108 | $123 | $137 | $151 | $166 | $180 | $1,000 |
The Laurels
Address: Milton, Ontario
Price Range: $507,000 - $798,000
Avail. suites: 35
1—2.5 bd
503—803 SqFt