Suite number:
The Rebecca
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1297 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,571,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.55%
Cumulative Return on Investment in Year 5
107.07%
Property Price at the End of Year 5
$2,025,000
Deposit Schedule
$10,000 at Signing
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 | - | - | $19,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $57,000 | $59,000 | $386,000 |
mortgage principal reduction | - | - | $8,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $168,000 |
deposit interest | $518 | $520 | $294 | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $82,000 | $87,000 | $142,000 | $161,000 | $169,000 | $177,000 | $186,000 | $195,000 | $205,000 | $215,000 | $1,618,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $304,000 | - | - | - | - | - | - | - | $304,000 |
closing cost | - | - | $68,000 | - | - | - | - | - | - | - | $68,000 |
operating expense | - | - | $6,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $123,000 |
mortgage payment | - | - | $33,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $584,000 |
total expense investment | $10,000 | - | $412,000 | $94,000 | $95,000 | $95,000 | $95,000 | $96,000 | $96,000 | $97,000 | $1,089,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $72,000 | $87,000 | -$270,396 | $67,000 | $74,000 | $82,000 | $91,000 | $99,000 | $108,000 | $118,000 | $528,000 |
cumulative roi | $820 | $2,000 | $73 | $91 | $107 | $122 | $136 | $149 | $163 | $176 | $4,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt