Suite number:
CW2 411
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
886 sqft
Occupancy Date:
Mar 2025
Price, CAD
$983,378
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.96%
Cumulative Return on Investment in Year 5
96.42%
Property Price at the End of Year 5
$1,267,000
Deposit Schedule
$5,000 at Signing
Total up to 7.5% in 30 days
$73,753
7.5% on Occupancy
$73,753
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 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $649,000 |
| rent income | $28,000 | $32,000 | $34,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $373,000 |
| mortgage principal reduction | $11,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $150,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $114,000 | $99,000 | $103,000 | $108,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $144,000 | $1,196,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $148,000 | - | - | - | - | - | - | - | - | - | $148,000 |
| remaining balance payment | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $128,000 |
| mortgage payment | $45,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $488,000 |
| total expense investment | $309,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $64,000 | $869,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$194,602 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $68,000 | $74,000 | $81,000 | $327,000 |
| cumulative roi | $31 | $50 | $66 | $82 | $96 | $110 | $124 | $138 | $152 | $167 | $1,000 |
ClockWork 2 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $976,000 - $984,000
Avail. suites: 5
1—2.5 bd
563—976 SqFt