Suite number:
The Francis
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1579 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,821,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.02%
Cumulative Return on Investment in Year 5
108.37%
Property Price at the End of Year 5
$2,347,000
Deposit Schedule
$10,000 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 | $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 | - | - | $23,000 | $56,000 | $59,000 | $61,000 | $64,000 | $66,000 | $69,000 | $72,000 | $470,000 |
mortgage principal reduction | - | - | $9,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $195,000 |
deposit interest | $518 | $520 | $294 | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $95,000 | $100,000 | $161,000 | $189,000 | $199,000 | $208,000 | $219,000 | $229,000 | $240,000 | $252,000 | $1,893,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $354,000 | - | - | - | - | - | - | - | $354,000 |
closing cost | - | - | $73,000 | - | - | - | - | - | - | - | $73,000 |
operating expense | - | - | $8,000 | $19,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $147,000 |
mortgage payment | - | - | $38,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $677,000 |
total expense investment | $10,000 | - | $473,000 | $110,000 | $110,000 | $111,000 | $111,000 | $112,000 | $112,000 | $113,000 | $1,262,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $85,000 | $100,000 | -$312,127 | $80,000 | $88,000 | $98,000 | $107,000 | $118,000 | $128,000 | $140,000 | $631,000 |
cumulative roi | $950 | $2,000 | $73 | $92 | $108 | $124 | $138 | $153 | $167 | $181 | $4,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt