Suite number:
C801 - C1DC (Phase 2)
Project:
Address:
Milton, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
652 sqft
Occupancy Date:
Mar 2026
Price, CAD
$717,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.74%
Cumulative Return on Investment in Year 5
91.25%
Property Price at the End of Year 5
$925,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,900
2.5% in 120 days
$17,950
7.5% on Occupancy
$53,849
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 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $474,000 |
rent income | $6,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $214,000 |
mortgage principal reduction | $3,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $102,000 |
deposit interest | $481 | - | - | - | - | - | - | - | - | - | $481 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $71,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $814,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $108,000 | - | - | - | - | - | - | - | - | - | $108,000 |
remaining balance payment | $36,000 | - | - | - | - | - | - | - | - | - | $36,000 |
closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
operating expense | $3,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $92,000 |
mortgage payment | $12,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $336,000 |
total expense investment | $210,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $622,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$138,810 | $23,000 | $26,000 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $191,000 |
cumulative roi | $32 | $50 | $65 | $79 | $91 | $103 | $114 | $126 | $137 | $148 | $945 |
Mile and Creek Condos
Address: Milton, Ontario
Price Range: $548,000 - $931,000
Avail. suites: 72
1—3.5 bd
504—1039 SqFt