Suite number:
Podium Suites 40 (2)
Project:
Address:
Oshawa, Ontario
Developer:
Tribute Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
749 sqft
Occupancy Date:
Apr 2025
Price, CAD
$734,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.14%
Cumulative Return on Investment in Year 5
84.25%
Property Price at the End of Year 5
$946,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$36,700
1% on Occupancy
$7,340
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 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $484,000 |
| rent income | $11,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $169,000 |
| mortgage principal reduction | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $110,000 |
| deposit interest | $279 | - | - | - | - | - | - | - | - | - | $279 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $80,000 | $64,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $788,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $44,000 | - | - | - | - | - | - | - | - | - | $44,000 |
| remaining balance payment | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
| closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $86,000 |
| mortgage payment | $28,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $358,000 |
| total expense investment | $232,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $643,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$152,165 | $19,000 | $22,000 | $26,000 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $48,000 | $145,000 |
| cumulative roi | $32 | $48 | $61 | $73 | $84 | $94 | $104 | $113 | $122 | $131 | $864 |
U.C. Tower 3
Address: Oshawa, Ontario
Price Range: $478,000 - $908,000
Avail. suites: 16
0—3 bd
363—960 SqFt