Suite number:
215 Broadway
Address:
Oakville, Ontario
Developer:
Branthaven
Property type:
condo
Floor plan:
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
20.19%
Cumulative Return on Investment in Year 5
95.91%
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 | $19,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $386,000 |
| 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 | $108,000 | $108,000 | $113,000 | $118,000 | $124,000 | $130,000 | $137,000 | $143,000 | $150,000 | $158,000 | $1,289,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $218,000 | - | - | - | - | - | - | - | - | - | $218,000 |
| closing cost | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | $8,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $142,000 |
| mortgage payment | $32,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $524,000 |
| total expense investment | $317,000 | $68,000 | $68,000 | $69,000 | $69,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $942,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$208,836 | $40,000 | $44,000 | $50,000 | $55,000 | $61,000 | $67,000 | $73,000 | $80,000 | $87,000 | $347,000 |
| cumulative roi | $30 | $49 | $66 | $82 | $96 | $110 | $123 | $136 | $150 | $163 | $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