Suite number:
306 - Thomson
Project:
Address:
Clarington, Ontario
Developer:
Monde Development Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
908 sqft
Occupancy Date:
Jun 2025
Price, CAD
$794,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.95%
Cumulative Return on Investment in Year 5
157.50%
Property Price at the End of Year 5
$1,024,000
Deposit Schedule
$10,000 at Signing
Total up to 20% in 9999 days
$158,980
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 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $525,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $11,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $124,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $76,000 | $54,000 | $57,000 | $59,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $672,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $398,000 |
total expense investment | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $398,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $36,000 | $14,000 | $17,000 | $20,000 | $23,000 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $274,000 |
cumulative roi | $208 | $170 | $160 | $158 | $157 | $159 | $161 | $164 | $167 | $170 | $2,000 |
Mondria 1
Address: Clarington, Ontario
Price Range: $708,000 - $957,000
Avail. suites: 8
1—3.5 bd
518—1273 SqFt