Suite number:
406 - Royal
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1508 sqft
Occupancy Date:
Jun 2024
Price, CAD
$2,325,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.65%
Cumulative Return on Investment in Year 5
150.36%
Property Price at the End of Year 5
$2,997,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$116,300
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 | $121,000 | $127,000 | $134,000 | $141,000 | $148,000 | $156,000 | $164,000 | $172,000 | $181,000 | $191,000 | $1,535,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $43,000 | $32,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $390,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $164,000 | $159,000 | $167,000 | $176,000 | $185,000 | $194,000 | $204,000 | $214,000 | $225,000 | $237,000 | $1,925,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $1,131,000 |
| total expense investment | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $113,000 | $1,131,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $50,000 | $46,000 | $54,000 | $63,000 | $72,000 | $81,000 | $91,000 | $101,000 | $112,000 | $124,000 | $793,000 |
| cumulative roi | $145 | $143 | $144 | $147 | $150 | $154 | $158 | $162 | $166 | $170 | $2,000 |
Berkshire Residences
Address: Oakville, Ontario
Price Range: $1,939,000 - $2,554,000
Avail. suites: 13
1—3.5 bd
737—2187 SqFt