Suite number:
CW2 411
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
886 sqft
Occupancy Date:
Jan 2025
Price, CAD
$983,378
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.53%
Cumulative Return on Investment in Year 5
99.20%
Property Price at the End of Year 5
$1,267,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 10029 days
$98,338
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 | $29,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $375,000 |
| mortgage principal reduction | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $155,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $115,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $138,000 | $145,000 | $1,203,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $98,000 | - | - | - | - | - | - | - | - | - | $98,000 |
| remaining balance payment | $98,000 | - | - | - | - | - | - | - | - | - | $98,000 |
| closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $133,000 |
| mortgage payment | $44,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $474,000 |
| total expense investment | $306,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $63,000 | $63,000 | $859,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$191,155 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $64,000 | $70,000 | $76,000 | $82,000 | $344,000 |
| cumulative roi | $31 | $51 | $68 | $84 | $99 | $114 | $128 | $143 | $157 | $172 | $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