Suite number:
C4A1/C4A2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
490 sqft
Occupancy Date:
Sep 2027
$530,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.84%
Cumulative Return on Investment in Year 5
106.19%
Property Price at the End of Year 5
$683,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$26,500
2.5% in 120 days
$13,250
2.5% in 240 days
$13,250
5% on Occupancy
$26,500
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 | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $350,000 |
rent income | - | - | $2,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $94,000 |
mortgage principal reduction | - | - | $1,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $57,000 |
deposit interest | $2,000 | $3,000 | $2,000 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $30,000 | $32,000 | $60,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $531,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $53,000 | - | $27,000 | - | - | - | - | - | - | - | $80,000 |
remaining balance payment | - | - | $27,000 | - | - | - | - | - | - | - | $27,000 |
closing cost | - | - | $46,000 | - | - | - | - | - | - | - | $46,000 |
operating expense | - | - | $1,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $50,000 |
mortgage payment | - | - | $4,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $185,000 |
total expense investment | $53,000 | - | $104,000 | $32,000 | $32,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $387,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$23,319 | $32,000 | -$44,752 | $18,000 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $34,000 | $145,000 |
cumulative roi | $56 | $116 | $81 | $95 | $106 | $117 | $127 | $136 | $145 | $154 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $490,000 - $880,000
Avail. suites: 12
1—3 bd
460—868 SqFt