Suite number:
215 Broadway
Address:
Oakville, Ontario
Developer:
Branthaven
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
955 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,090,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.74%
Cumulative Return on Investment in Year 5
98.52%
Property Price at the End of Year 5
$1,405,000
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 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $720,000 |
| rent income | $20,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $388,000 |
| mortgage principal reduction | $8,000 | $14,000 | $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 | $108,000 | $108,000 | $114,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $158,000 | $1,296,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $218,000 | - | - | - | - | - | - | - | - | - | $218,000 |
| closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | $8,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $147,000 |
| mortgage payment | $31,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $509,000 |
| total expense investment | $314,000 | $67,000 | $67,000 | $68,000 | $68,000 | $69,000 | $69,000 | $70,000 | $70,000 | $71,000 | $931,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$205,964 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $68,000 | $75,000 | $81,000 | $88,000 | $365,000 |
| cumulative roi | $30 | $50 | $68 | $84 | $99 | $113 | $127 | $140 | $154 | $168 | $1,000 |
The Greenwich Condos at Oakvillage
Address: Oakville, Ontario
Price Range: $714,000 - $1,291,000
Avail. suites: 33
1—3 bd
460—1370 SqFt