Suite number:
C4C2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
868 sqft
Occupancy Date:
Sep 2027
$880,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.42%
Cumulative Return on Investment in Year 5
121.40%
Property Price at the End of Year 5
$1,134,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$44,000
2.5% in 120 days
$22,000
2.5% in 240 days
$22,000
5% on Occupancy
$44,000
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 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $581,000 |
rent income | - | - | $5,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $250,000 |
mortgage principal reduction | - | - | $2,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $101,000 |
deposit interest | $4,000 | $5,000 | $4,000 | - | - | - | - | - | - | - | $12,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $49,000 | $53,000 | $85,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $967,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $88,000 | - | $44,000 | - | - | - | - | - | - | - | $132,000 |
remaining balance payment | - | - | $44,000 | - | - | - | - | - | - | - | $44,000 |
closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
operating expense | - | - | $2,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $94,000 |
mortgage payment | - | - | $7,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $289,000 |
total expense investment | $88,000 | - | $150,000 | $52,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $55,000 | $612,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$38,733 | $53,000 | -$64,304 | $44,000 | $48,000 | $53,000 | $57,000 | $62,000 | $67,000 | $73,000 | $355,000 |
cumulative roi | $56 | $116 | $83 | $103 | $121 | $139 | $155 | $172 | $189 | $206 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $490,000 - $880,000
Avail. suites: 12
1—3 bd
460—868 SqFt