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
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.60%
Cumulative Return on Investment in Year 5
107.04%
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)
Get Expert Advice
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 | - | - | $11,000 | $23,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $190,000 |
| mortgage principal reduction | - | - | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $67,000 |
| deposit interest | -$1,207 | $3,000 | $1,000 | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $37,000 | $76,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $695,000 |
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 | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $70,000 |
| mortgage payment | - | - | $16,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $233,000 |
| total expense investment | $62,000 | - | $131,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $477,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$31,107 | $37,000 | -$55,453 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $45,000 | $49,000 | $218,000 |
| cumulative roi | $52 | $110 | $75 | $92 | $107 | $122 | $136 | $150 | $165 | $179 | $1,000 |
The Laurels
Address: Milton, Ontario
Price Range: $507,000 - $798,000
Avail. suites: 33
1—2.5 bd
503—803 SqFt