Suite number:
A318 - 1R+D
Project:
Address:
New Market, Ontario
Developer:
Briarwood Development Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
642 sqft
Occupancy Date:
Jun 2025
Price, CAD
$670,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
60.48%
Cumulative Return on Investment in Year 5
301.71%
Property Price at the End of Year 5
$863,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 9999 days
$67,000
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $442,000 |
| rent income | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $284,000 |
| mortgage principal reduction | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $103,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $90,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $853,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $102,000 |
| mortgage payment | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $336,000 |
| total expense investment | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $437,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $48,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $52,000 | $57,000 | $416,000 |
| cumulative roi | $377 | $309 | $295 | $296 | $302 | $311 | $324 | $338 | $355 | $375 | $3,000 |
Kingsley Square
Address: New Market, Ontario
Price Range: $610,000 - $982,000
Avail. suites: 97
1—2.5 bd
480—1122 SqFt