Suite number:
S0603 - S-C2
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
702 sqft
Occupancy Date:
Mar 2026
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.50%
Cumulative Return on Investment in Year 5
102.56%
Property Price at the End of Year 5
$1,071,000
Deposit Schedule
$5,000 at Signing
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 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $548,000 |
| rent income | - | $16,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $252,000 |
| mortgage principal reduction | - | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $111,000 |
| deposit interest | $3,000 | $1,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $47,000 | $94,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $941,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $83,000 | $42,000 | - | - | - | - | - | - | - | - | $125,000 |
| remaining balance payment | - | $42,000 | - | - | - | - | - | - | - | - | $42,000 |
| closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | $7,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $99,000 |
| mortgage payment | - | $27,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $350,000 |
| total expense investment | $83,000 | $169,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $667,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$36,574 | -$74,554 | $34,000 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $59,000 | $64,000 | $273,000 |
| cumulative roi | $56 | $54 | $72 | $88 | $103 | $116 | $130 | $143 | $156 | $169 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 11
1—2.5 bd
591—1134 SqFt