Suite number:
The Brookfield
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1121 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,618,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.94%
Cumulative Return on Investment in Year 5
104.27%
Property Price at the End of Year 5
$2,086,000
Deposit Schedule
$10,000 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 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $114,000 | $120,000 | $126,000 | $133,000 | $1,068,000 |
rent income | - | - | $16,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $334,000 |
mortgage principal reduction | - | - | $8,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $173,000 |
deposit interest | $518 | $520 | $294 | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $84,000 | $89,000 | $142,000 | $158,000 | $166,000 | $174,000 | $183,000 | $192,000 | $201,000 | $211,000 | $1,601,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $314,000 | - | - | - | - | - | - | - | $314,000 |
closing cost | - | - | $69,000 | - | - | - | - | - | - | - | $69,000 |
operating expense | - | - | $6,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $112,000 |
mortgage payment | - | - | $34,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $81,000 | $601,000 |
total expense investment | $10,000 | - | $423,000 | $95,000 | $96,000 | $96,000 | $96,000 | $97,000 | $97,000 | $97,000 | $1,107,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $74,000 | $89,000 | -$280,795 | $63,000 | $70,000 | $78,000 | $87,000 | $95,000 | $104,000 | $114,000 | $494,000 |
cumulative roi | $845 | $2,000 | $73 | $90 | $104 | $118 | $130 | $142 | $154 | $165 | $4,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt