Suite number:
111 - Providence (Live/Work)
Project:
Address:
St. Catharines, Ontario
Developer:
Valour Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
782 sqft
Occupancy Date:
Jan 2027
Price, CAD
$762,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.61%
Cumulative Return on Investment in Year 5
107.85%
Property Price at the End of Year 5
$983,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 60 days
$19,075
2.5% in 120 days
$19,075
2.5% in 322 days
$19,075
2.5% on Occupancy
$19,075
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 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $504,000 |
| rent income | - | - | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $254,000 |
| mortgage principal reduction | - | - | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $89,000 |
| deposit interest | $3,000 | $5,000 | - | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $46,000 | $105,000 | $85,000 | $89,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $879,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $62,000 | $19,000 | - | - | - | - | - | - | - | - | $81,000 |
| remaining balance payment | - | $71,000 | - | - | - | - | - | - | - | - | $71,000 |
| closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $102,000 |
| mortgage payment | - | - | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $306,000 |
| total expense investment | $62,000 | $143,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $613,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$19,807 | -$96,153 | $55,000 | $34,000 | $38,000 | $42,000 | $46,000 | $51,000 | $55,000 | $60,000 | $266,000 |
| cumulative roi | $68 | $45 | $76 | $93 | $108 | $122 | $136 | $150 | $165 | $179 | $1,000 |
The Harbour Club
Address: St. Catharines, Ontario
Price Range: $662,000 - $3,244,000
Avail. suites: 43
1—2.5 bd
668—3071 SqFt