Suite number:
C4F1/C4F2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
557 sqft
Occupancy Date:
Sep 2027
$580,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.77%
Cumulative Return on Investment in Year 5
114.35%
Property Price at the End of Year 5
$747,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,000
2.5% in 120 days
$14,500
2.5% in 240 days
$14,500
5% on Occupancy
$29,000
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 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $383,000 |
rent income | - | - | $3,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $160,000 |
mortgage principal reduction | - | - | $1,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $62,000 |
deposit interest | $2,000 | $3,000 | $2,000 | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $32,000 | $35,000 | $64,000 | $62,000 | $65,000 | $69,000 | $72,000 | $75,000 | $79,000 | $83,000 | $637,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $58,000 | - | $29,000 | - | - | - | - | - | - | - | $87,000 |
remaining balance payment | - | - | $29,000 | - | - | - | - | - | - | - | $29,000 |
closing cost | - | - | $47,000 | - | - | - | - | - | - | - | $47,000 |
operating expense | - | - | $1,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $61,000 |
mortgage payment | - | - | $5,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $202,000 |
total expense investment | $58,000 | - | $111,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $38,000 | $426,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,521 | $35,000 | -$46,858 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $45,000 | $210,000 |
cumulative roi | $56 | $116 | $82 | $99 | $114 | $129 | $143 | $157 | $171 | $186 | $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