Suite number:
119
Project:
Address:
Grimsby, Ontario
Developer:
DeSantis Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
642 sqft
Occupancy Date:
Mar 2026
Price, CAD
$679,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.28%
Cumulative Return on Investment in Year 5
99.09%
Property Price at the End of Year 5
$876,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 180 days
$67,999
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $449,000 |
| rent income | $6,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $248,000 |
| mortgage principal reduction | $2,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $95,000 |
| deposit interest | $823 | - | - | - | - | - | - | - | - | - | $823 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $68,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $817,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| remaining balance payment | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | $2,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $82,000 |
| mortgage payment | $9,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $315,000 |
| total expense investment | $197,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $583,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$129,331 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $56,000 | $234,000 |
| cumulative roi | $33 | $52 | $69 | $84 | $99 | $113 | $128 | $142 | $156 | $171 | $1,000 |
Century Condos
Address: Grimsby, Ontario
Price Range: $574,000 - $1,250,000
Avail. suites: 17
1—3 bd
490—1310 SqFt