Suite number:
C4C2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
868 sqft
Occupancy Date:
Sep 2027
Price, CAD
$800,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.14%
Cumulative Return on Investment in Year 5
111.22%
Property Price at the End of Year 5
$1,031,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$40,000
2.5% in 120 days
$20,000
2.5% in 240 days
$20,000
5% on Occupancy
$40,000
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $528,000 |
rent income | - | - | $10,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $255,000 |
mortgage principal reduction | - | - | $3,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $85,000 |
deposit interest | -$2,001 | $4,000 | $3,000 | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $48,000 | $86,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $896,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $80,000 | - | $40,000 | - | - | - | - | - | - | - | $120,000 |
remaining balance payment | - | - | $40,000 | - | - | - | - | - | - | - | $40,000 |
closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
operating expense | - | - | $4,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $92,000 |
mortgage payment | - | - | $13,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $294,000 |
total expense investment | $80,000 | - | $150,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $54,000 | $599,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$40,519 | $48,000 | -$64,211 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $60,000 | $65,000 | $297,000 |
cumulative roi | $52 | $109 | $76 | $95 | $111 | $127 | $143 | $158 | $174 | $190 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $500,000 - $800,000
Avail. suites: 12
1—3 bd
460—868 SqFt