Suite number:

S0306 - S-B2

Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
725 sqft
Occupancy Date:
Mar 2027
Price, CAD
$780,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

20.84%

Cumulative Return on Investment in Year 5

99.52%

Property Price at the End of Year 5

$1,006,000

Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$19,525
2.5% in 90 days
$19,525
2.5% in 180 days
$19,525
2.5% in 240 days
$19,525
5% on Occupancy
$39,050
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$40,000$43,000$45,000$47,000$50,000$52,000$55,000$58,000$61,000$64,000$515,000
rent income-$7,000$22,000$22,000$23,000$24,000$25,000$27,000$28,000$29,000$207,000
mortgage principal reduction-$3,000$10,000$10,000$11,000$11,000$12,000$12,000$13,000$14,000$96,000
deposit interest$3,000$3,000--------$6,000
gst hst rebate-$24,000--------$24,000
total income return$44,000$80,000$76,000$80,000$84,000$88,000$92,000$97,000$102,000$107,000$849,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$78,000$39,000--------$117,000
remaining balance payment-$39,000--------$39,000
closing cost-$53,000--------$53,000
operating expense-$3,000$10,000$10,000$10,000$11,000$11,000$11,000$11,000$12,000$89,000
mortgage payment-$13,000$39,000$39,000$39,000$39,000$39,000$39,000$39,000$39,000$326,000
total expense investment$78,000$147,000$49,000$49,000$49,000$50,000$50,000$50,000$50,000$51,000$624,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$34,548-$67,395$27,000$31,000$34,000$38,000$42,000$47,000$51,000$56,000$225,000
cumulative roi$56$55$72$86$100$112$123$135$146$157$1,000
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 9
1—2.5 bd
591—1134 SqFt