Suite number:
204
Project:
Address:
St. Catharines, Ontario
Developer:
Valour Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
668 sqft
Occupancy Date:
Jan 2027
Price, CAD
$642,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.17%
Cumulative Return on Investment in Year 5
92.63%
Property Price at the End of Year 5
$828,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 60 days
$16,075
2.5% on Occupancy
$16,075
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $424,000 |
| rent income | - | $7,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $155,000 |
| mortgage principal reduction | - | $3,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $80,000 |
| deposit interest | $2,000 | $1,000 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $70,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $81,000 | $85,000 | $686,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
| remaining balance payment | - | $91,000 | - | - | - | - | - | - | - | - | $91,000 |
| closing cost | - | $50,000 | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | $4,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $85,000 |
| mortgage payment | - | $13,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $271,000 |
| total expense investment | $37,000 | $159,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $535,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$2,157 | -$88,598 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $151,000 |
| cumulative roi | $94 | $53 | $68 | $81 | $93 | $103 | $113 | $123 | $132 | $142 | $1,000 |
The Harbour Club
Address: St. Catharines, Ontario
Price Range: $643,000 - $3,425,000
Avail. suites: 28
1—3 bd
668—3071 SqFt