Suite number:
1103
Project:
Address:
St. Catharines, Ontario
Developer:
Elite Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
475 sqft
Occupancy Date:
Jan 2027
Price, CAD
$428,888
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.39%
Cumulative Return on Investment in Year 5
93.73%
Property Price at the End of Year 5
$553,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$21,444
2.5% in 90 days
$10,722
2.5% in 150 days
$10,722
2.5% in 380 days
$10,722
2.5% in 500 days
$10,722
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 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $283,000 |
| rent income | - | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $109,000 |
| mortgage principal reduction | - | $2,000 | $5,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $53,000 |
| deposit interest | $157 | $3,000 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $22,000 | $56,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $472,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | $43,000 | - | - | - | - | - | - | - | - | $86,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $46,000 | - | - | - | - | - | - | - | - | $46,000 |
| operating expense | - | $2,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $56,000 |
| mortgage payment | - | $7,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $179,000 |
| total expense investment | $43,000 | $98,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $29,000 | $29,000 | $366,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$20,493 | -$41,881 | $14,000 | $16,000 | $17,000 | $20,000 | $22,000 | $24,000 | $27,000 | $29,000 | $105,000 |
| cumulative roi | $52 | $56 | $70 | $83 | $94 | $104 | $114 | $124 | $134 | $143 | $974 |
88 James
Address: St. Catharines, Ontario
Price Range: $378,000 - $629,000
Avail. suites: 141
0—2.5 bd
345—762 SqFt