Suite number:
312 - 1H-BF
Project:
Address:
Oakville, Ontario
Developer:
Caivan Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
503 sqft
Occupancy Date:
Feb 2025
Price, CAD
$626,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.79%
Cumulative Return on Investment in Year 5
83.93%
Property Price at the End of Year 5
$808,000
Deposit Schedule
$10 at Signing
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $414,000 |
rent income | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $139,000 |
mortgage principal reduction | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $94,000 |
deposit interest | $745 | - | - | - | - | - | - | - | - | - | $745 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $72,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $671,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
remaining balance payment | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
operating expense | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $70,000 |
mortgage payment | $24,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $306,000 |
total expense investment | $203,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $551,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$131,487 | $16,000 | $19,000 | $22,000 | $24,000 | $27,000 | $31,000 | $34,000 | $37,000 | $41,000 | $120,000 |
cumulative roi | $33 | $48 | $62 | $73 | $84 | $94 | $103 | $112 | $121 | $130 | $861 |
The Saw Whet Condos
Address: Oakville, Ontario
Price Range: $615,000 - $690,000
Avail. suites: 5
1—1.5 bd
503—529 SqFt