Suite number:
1303 Washington
Address:
Oakville, Ontario
Developer:
Branthaven
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
915 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,094,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.40%
Cumulative Return on Investment in Year 5
92.12%
Property Price at the End of Year 5
$1,411,000
Deposit Schedule
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 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $723,000 |
| rent income | $16,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $310,000 |
| mortgage principal reduction | $8,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $165,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $105,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $149,000 | $1,222,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $219,000 | - | - | - | - | - | - | - | - | - | $219,000 |
| closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | $7,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $137,000 |
| mortgage payment | $31,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $510,000 |
| total expense investment | $315,000 | $66,000 | $66,000 | $67,000 | $67,000 | $68,000 | $68,000 | $69,000 | $69,000 | $70,000 | $924,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$210,134 | $36,000 | $40,000 | $45,000 | $50,000 | $56,000 | $61,000 | $67,000 | $73,000 | $79,000 | $298,000 |
| cumulative roi | $30 | $49 | $65 | $79 | $92 | $104 | $116 | $127 | $138 | $149 | $950 |
The Greenwich Condos at Oakvillage
Address: Oakville, Ontario
Price Range: $714,000 - $1,291,000
Avail. suites: 33
1—3 bd
460—1370 SqFt