Suite number:
1201 Freeman
Address:
Oakville, Ontario
Developer:
Branthaven
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1175 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,290,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.69%
Cumulative Return on Investment in Year 5
97.41%
Property Price at the End of Year 5
$1,663,000
Deposit Schedule
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 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $96,000 | $101,000 | $106,000 | $852,000 |
rent income | $24,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $475,000 |
mortgage principal reduction | $9,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $189,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $124,000 | $129,000 | $135,000 | $142,000 | $149,000 | $156,000 | $164,000 | $172,000 | $180,000 | $189,000 | $1,539,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | $258,000 | - | - | - | - | - | - | - | - | - | $258,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $9,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $19,000 | $20,000 | $173,000 |
mortgage payment | $38,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $620,000 |
total expense investment | $368,000 | $81,000 | $82,000 | $82,000 | $82,000 | $83,000 | $83,000 | $84,000 | $84,000 | $85,000 | $1,113,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$244,106 | $48,000 | $54,000 | $60,000 | $66,000 | $73,000 | $80,000 | $88,000 | $96,000 | $104,000 | $426,000 |
cumulative roi | $29 | $49 | $67 | $83 | $97 | $112 | $126 | $139 | $153 | $168 | $1,000 |
The Greenwich Condos at Oakvillage
Address: Oakville, Ontario
Price Range: $714,000 - $1,291,000
Avail. suites: 33
1—3 bd
460—1370 SqFt