Suite number:
C4I1/C4I2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
460 sqft
Occupancy Date:
Sep 2027
$490,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.23%
Cumulative Return on Investment in Year 5
108.32%
Property Price at the End of Year 5
$631,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$24,500
2.5% in 120 days
$12,250
2.5% in 240 days
$12,250
5% on Occupancy
$24,500
Net Gain (Loss)
Get Expert Advice
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 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $323,000 |
rent income | - | - | $2,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $88,000 |
mortgage principal reduction | - | - | $1,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $56,000 |
deposit interest | $2,000 | $3,000 | $2,000 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $27,000 | $29,000 | $57,000 | $47,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $498,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $49,000 | - | $25,000 | - | - | - | - | - | - | - | $74,000 |
remaining balance payment | - | - | $25,000 | - | - | - | - | - | - | - | $25,000 |
closing cost | - | - | $45,000 | - | - | - | - | - | - | - | $45,000 |
operating expense | - | - | $981 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $47,000 |
mortgage payment | - | - | $4,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $161,000 |
total expense investment | $49,000 | - | $99,000 | $28,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $30,000 | $351,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$21,558 | $29,000 | -$41,800 | $19,000 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $33,000 | $148,000 |
cumulative roi | $56 | $116 | $81 | $96 | $108 | $120 | $131 | $141 | $151 | $161 | $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