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
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.64%
Cumulative Return on Investment in Year 5
102.87%
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% 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 | - | $11,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $270,000 |
| mortgage principal reduction | - | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $95,000 |
| deposit interest | $2,000 | $1,000 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $41,000 | $82,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $896,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
| remaining balance payment | - | $109,000 | - | - | - | - | - | - | - | - | $109,000 |
| closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | $5,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $108,000 |
| mortgage payment | - | $16,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $322,000 |
| total expense investment | $43,000 | $183,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $635,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,674 | -$100,324 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $56,000 | $61,000 | $261,000 |
| cumulative roi | $96 | $54 | $72 | $88 | $103 | $117 | $131 | $145 | $160 | $174 | $1,000 |
The Harbour Club
Address: St. Catharines, Ontario
Price Range: $643,000 - $3,425,000
Avail. suites: 28
1—3 bd
668—3071 SqFt