Suite number:
The Rebecca
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1297 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,571,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.51%
Cumulative Return on Investment in Year 5
105.55%
Property Price at the End of Year 5
$2,025,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$78,600
2.5% in 90 days
$39,300
12.5% on Occupancy
$196,499
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 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $111,000 | $117,000 | $123,000 | $129,000 | $1,037,000 |
| rent income | $30,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $66,000 | $532,000 |
| mortgage principal reduction | $15,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $256,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $152,000 | $156,000 | $163,000 | $171,000 | $179,000 | $187,000 | $196,000 | $206,000 | $216,000 | $226,000 | $1,851,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $314,000 | - | - | - | - | - | - | - | - | - | $314,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
| operating expense | $10,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $20,000 | $171,000 |
| mortgage payment | $48,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $696,000 |
| total expense investment | $440,000 | $88,000 | $88,000 | $89,000 | $89,000 | $90,000 | $90,000 | $91,000 | $92,000 | $92,000 | $1,248,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$287,907 | $68,000 | $75,000 | $82,000 | $90,000 | $98,000 | $106,000 | $115,000 | $124,000 | $134,000 | $602,000 |
| cumulative roi | $30 | $52 | $71 | $89 | $106 | $122 | $137 | $153 | $169 | $185 | $1,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt