Suite number:
312 - 1H-BF
Project:
Address:
Oakville, Ontario
Developer:
Caivan Communities
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
503 sqft
Occupancy Date:
Feb 2025
$626,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.32%
Cumulative Return on Investment in Year 5
81.52%
Property Price at the End of Year 5
$808,000
Deposit Schedule
$10 at Signing
Total up to 5% in 0 days
$31,345
2.5% in 30 days
$15,673
2.5% on Occupancy
$15,673
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 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $97,000 |
deposit interest | $691 | - | - | - | - | - | - | - | - | - | $691 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $72,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $80,000 | $674,000 |
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 | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
operating expense | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $73,000 |
mortgage payment | $23,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $297,000 |
total expense investment | $201,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $544,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$129,101 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $41,000 | $130,000 |
cumulative roi | $31 | $46 | $59 | $71 | $82 | $92 | $101 | $110 | $119 | $128 | $838 |
The Saw Whet Condos
Address: Oakville, Ontario
Price Range: $615,000 - $690,000
Avail. suites: 5
1—1.5 bd
503—529 SqFt