Suite number:
CW2 611
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
886 sqft
Occupancy Date:
Mar 2025
Price, CAD
$975,990
Available
ROI
15,14%
Monthly Expenses
- condo fees— $478
- property taxes— $244
- property management— $159
- repairs and maintenance— $80
Total: $962
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.99%
Cumulative Return on Investment in Year 5
96.62%
Property Price at the End of Year 5
$1,257,000
Deposit Schedule
$5,000 at Signing
Total up to 7.5% in 30 days
$73,199
7.5% on Occupancy
$73,199
Net Gain (Loss)
- Net Gain Loss
Get Expert Advice
Property Price Appreciation
- 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 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $644,000 |
| rent income | $28,000 | $32,000 | $34,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $373,000 |
| mortgage principal reduction | $11,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $149,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $114,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $124,000 | $130,000 | $137,000 | $144,000 | $1,190,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $146,000 | - | - | - | - | - | - | - | - | - | $146,000 |
| remaining balance payment | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $128,000 |
| mortgage payment | $45,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $485,000 |
| total expense investment | $307,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $864,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$193,084 | $37,000 | $42,000 | $47,000 | $52,000 | $57,000 | $62,000 | $68,000 | $74,000 | $80,000 | $326,000 |
| cumulative roi | $31 | $50 | $67 | $82 | $97 | $111 | $125 | $139 | $153 | $167 | $1,000 |
ClockWork 2 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $976,000 - $984,000
Avail. suites: 5
1—2.5 bd
563—976 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.