Suite number:
Podium Suites 54
Project:
Address:
Oshawa, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
752 sqft
Occupancy Date:
Apr 2025
Price, CAD
$819,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.10%
Cumulative Return on Investment in Year 5
83.35%
Property Price at the End of Year 5
$1,055,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$40,950
1% on Occupancy
$8,190
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 | $42,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $541,000 |
| rent income | $11,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $170,000 |
| mortgage principal reduction | $8,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $122,000 |
| deposit interest | $312 | - | - | - | - | - | - | - | - | - | $312 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $85,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $857,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| remaining balance payment | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
| closing cost | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | $6,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $89,000 |
| mortgage payment | $31,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $400,000 |
| total expense investment | $254,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $706,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$169,001 | $21,000 | $24,000 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $52,000 | $151,000 |
| cumulative roi | $31 | $47 | $61 | $73 | $83 | $93 | $103 | $112 | $120 | $129 | $852 |
U.C. Tower 3
Address: Oshawa, Ontario
Price Range: $478,000 - $908,000
Avail. suites: 16
0—3 bd
363—960 SqFt