Suite number:
201
Project:
Address:
St. Catharines, Ontario
Developer:
Valour Group
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
1193 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,109,990
Available
ROI
17,58%
Monthly Expenses
- condo fees— $883
- property taxes— $277
- property management— $215
- repairs and maintenance— $107
Total: $1,482
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.90%
Cumulative Return on Investment in Year 5
110.90%
Property Price at the End of Year 5
$1,430,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 60 days
$27,750
2.5% in 120 days
$27,750
2.5% in 322 days
$27,750
2.5% on Occupancy
$27,750
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $733,000 |
| rent income | - | - | $42,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $388,000 |
| mortgage principal reduction | - | - | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $130,000 |
| deposit interest | $4,000 | $7,000 | - | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $62,000 | $67,000 | $143,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $158,000 | $166,000 | $1,286,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $88,000 | $28,000 | - | - | - | - | - | - | - | - | $116,000 |
| remaining balance payment | - | $106,000 | - | - | - | - | - | - | - | - | $106,000 |
| closing cost | - | $59,000 | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | - | - | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $20,000 | $21,000 | $155,000 |
| mortgage payment | - | - | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $445,000 |
| total expense investment | $88,000 | $193,000 | $73,000 | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $880,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$26,658 | -$125,449 | $70,000 | $51,000 | $57,000 | $63,000 | $69,000 | $76,000 | $82,000 | $90,000 | $405,000 |
| cumulative roi | $70 | $48 | $77 | $95 | $111 | $126 | $141 | $156 | $172 | $187 | $1,000 |
The Harbour Club
Address: St. Catharines, Ontario
Price Range: $662,000 - $3,244,000
Avail. suites: 43
1—2.5 bd
668—3071 SqFt
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80% of Original Price
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