Suite number:
S0214 - S-F
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
718 sqft
Occupancy Date:
Mar 2026
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.63%
Cumulative Return on Investment in Year 5
103.30%
Property Price at the End of Year 5
$1,058,000
Deposit Schedule
$5,000 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 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $542,000 |
rent income | - | $17,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $258,000 |
mortgage principal reduction | - | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $110,000 |
deposit interest | $3,000 | $1,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $46,000 | $94,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $939,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $82,000 | $41,000 | - | - | - | - | - | - | - | - | $123,000 |
remaining balance payment | - | $41,000 | - | - | - | - | - | - | - | - | $41,000 |
closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
operating expense | - | $7,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $100,000 |
mortgage payment | - | $27,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $346,000 |
total expense investment | $82,000 | $167,000 | $50,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $53,000 | $53,000 | $662,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$36,134 | -$73,398 | $34,000 | $37,000 | $41,000 | $46,000 | $50,000 | $54,000 | $59,000 | $64,000 | $276,000 |
cumulative roi | $56 | $55 | $72 | $88 | $103 | $117 | $131 | $144 | $158 | $171 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 11
1—2.5 bd
591—1134 SqFt