Suite number:
C4D1/C4D2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
681 sqft
Occupancy Date:
Sep 2027
$770,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.66%
Cumulative Return on Investment in Year 5
114.55%
Property Price at the End of Year 5
$992,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$38,500
2.5% in 120 days
$19,250
2.5% in 240 days
$19,250
5% on Occupancy
$38,500
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $508,000 |
rent income | - | - | $3,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $163,000 |
mortgage principal reduction | - | - | $2,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $88,000 |
deposit interest | $3,000 | $4,000 | $3,000 | - | - | - | - | - | - | - | $10,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $43,000 | $46,000 | $77,000 | $78,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $794,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $77,000 | - | $39,000 | - | - | - | - | - | - | - | $116,000 |
remaining balance payment | - | - | $39,000 | - | - | - | - | - | - | - | $39,000 |
closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
operating expense | - | - | $2,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $73,000 |
mortgage payment | - | - | $6,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $253,000 |
total expense investment | $77,000 | - | $135,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $531,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$33,889 | $46,000 | -$58,622 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $56,000 | $263,000 |
cumulative roi | $56 | $116 | $83 | $100 | $115 | $128 | $141 | $154 | $166 | $178 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $490,000 - $880,000
Avail. suites: 12
1—3 bd
460—868 SqFt