Suite number:
728
Project:
Address:
Oakville, Ontario
Developer:
Distrikt Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
487 sqft
Occupancy Date:
Jan 2025
Price, CAD
$499,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.48%
Cumulative Return on Investment in Year 5
84.56%
Property Price at the End of Year 5
$644,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$24,995
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
rent income | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $137,000 |
mortgage principal reduction | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $76,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $66,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $568,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $25,000 | - | - | - | - | - | - | - | - | - | $25,000 |
remaining balance payment | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
closing cost | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
operating expense | $5,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $66,000 |
mortgage payment | $23,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $248,000 |
total expense investment | $175,000 | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $461,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$109,388 | $14,000 | $17,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $106,000 |
cumulative roi | $34 | $49 | $62 | $74 | $85 | $95 | $105 | $114 | $124 | $134 | $875 |
Distrikt Trailside 2.0
Address: Oakville, Ontario
Price Range: $500,000 - $1,150,000
Avail. suites: 22
1—3 bd
484—1280 SqFt