Suite number:
S0409 - S-A+
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
791 sqft
Occupancy Date:
Mar 2026
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.97%
Cumulative Return on Investment in Year 5
104.41%
Property Price at the End of Year 5
$1,125,000
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 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $72,000 | $576,000 |
rent income | - | $19,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $284,000 |
mortgage principal reduction | - | $7,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $117,000 |
deposit interest | $4,000 | $1,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $49,000 | $99,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $1,006,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $87,000 | $44,000 | - | - | - | - | - | - | - | - | $131,000 |
remaining balance payment | - | $44,000 | - | - | - | - | - | - | - | - | $44,000 |
closing cost | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
operating expense | - | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $110,000 |
mortgage payment | - | $28,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $368,000 |
total expense investment | $87,000 | $176,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $57,000 | $705,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$38,424 | -$76,875 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $59,000 | $64,000 | $69,000 | $301,000 |
cumulative roi | $56 | $54 | $73 | $89 | $104 | $119 | $133 | $147 | $161 | $175 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 11
1—2.5 bd
591—1134 SqFt