Suite number:
Tower Suites 27
Project:
Address:
Oshawa, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
729 sqft
Occupancy Date:
Apr 2025
Price, CAD
$759,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.06%
Cumulative Return on Investment in Year 5
83.67%
Property Price at the End of Year 5
$978,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,950
1% on Occupancy
$7,590
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $501,000 |
| rent income | $10,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $165,000 |
| mortgage principal reduction | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $113,000 |
| deposit interest | $289 | - | - | - | - | - | - | - | - | - | $289 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $81,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $804,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
| remaining balance payment | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $85,000 |
| mortgage payment | $29,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $371,000 |
| total expense investment | $238,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $660,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$157,296 | $20,000 | $23,000 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $144,000 |
| cumulative roi | $31 | $47 | $61 | $73 | $84 | $94 | $103 | $112 | $121 | $130 | $856 |
U.C. Tower 3
Address: Oshawa, Ontario
Price Range: $478,000 - $908,000
Avail. suites: 16
0—3 bd
363—960 SqFt