Suite number:
1303 Washington
Address:
Oakville, Ontario
Developer:
Branthaven
Property type:
condo
Floor plan:
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
18.94%
Cumulative Return on Investment in Year 5
89.96%
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 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $160,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $104,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $149,000 | $1,216,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $219,000 | - | - | - | - | - | - | - | - | - | $219,000 |
| closing cost | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | $7,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $132,000 |
| mortgage payment | $32,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $525,000 |
| total expense investment | $317,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $935,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$212,911 | $34,000 | $38,000 | $43,000 | $49,000 | $54,000 | $60,000 | $66,000 | $72,000 | $79,000 | $281,000 |
| cumulative roi | $30 | $48 | $64 | $77 | $90 | $102 | $113 | $124 | $135 | $146 | $928 |
The Greenwich Condos at Oakvillage
Address: Oakville, Ontario
Price Range: $714,000 - $1,291,000
Avail. suites: 33
1—3 bd
460—1370 SqFt