Suite number:
The Francis
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1579 sqft
Occupancy Date:
Mar 2025
$1,821,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.07%
Cumulative Return on Investment in Year 5
107.59%
Property Price at the End of Year 5
$2,347,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$91,100
2.5% in 90 days
$45,550
12.5% on Occupancy
$227,749
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 | $94,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $135,000 | $142,000 | $149,000 | $1,202,000 |
rent income | $37,000 | $57,000 | $59,000 | $62,000 | $65,000 | $67,000 | $70,000 | $73,000 | $77,000 | $80,000 | $648,000 |
mortgage principal reduction | $17,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $297,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $174,000 | $183,000 | $192,000 | $201,000 | $210,000 | $220,000 | $231,000 | $242,000 | $254,000 | $266,000 | $2,172,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $364,000 | - | - | - | - | - | - | - | - | - | $364,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
operating expense | $12,000 | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $205,000 |
mortgage payment | $56,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $807,000 |
total expense investment | $504,000 | $102,000 | $103,000 | $103,000 | $104,000 | $105,000 | $106,000 | $106,000 | $107,000 | $108,000 | $1,448,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$330,516 | $81,000 | $89,000 | $97,000 | $106,000 | $116,000 | $125,000 | $136,000 | $147,000 | $158,000 | $724,000 |
cumulative roi | $30 | $52 | $72 | $90 | $108 | $124 | $141 | $158 | $174 | $192 | $1,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt