Suite number:
The Lambert
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1217 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,629,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.22%
Cumulative Return on Investment in Year 5
105.44%
Property Price at the End of Year 5
$2,100,000
Deposit Schedule
$10,000 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $1,076,000 |
| rent income | - | - | $18,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $363,000 |
| mortgage principal reduction | - | - | $8,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $175,000 |
| deposit interest | $518 | $520 | $294 | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $85,000 | $90,000 | $144,000 | $162,000 | $170,000 | $179,000 | $188,000 | $197,000 | $207,000 | $217,000 | $1,638,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | - | - | $316,000 | - | - | - | - | - | - | - | $316,000 |
| closing cost | - | - | $70,000 | - | - | - | - | - | - | - | $70,000 |
| operating expense | - | - | $6,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $119,000 |
| mortgage payment | - | - | $34,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $605,000 |
| total expense investment | $10,000 | - | $426,000 | $97,000 | $97,000 | $97,000 | $98,000 | $98,000 | $99,000 | $99,000 | $1,120,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $75,000 | $90,000 | -$281,699 | $66,000 | $73,000 | $81,000 | $90,000 | $99,000 | $108,000 | $118,000 | $518,000 |
| cumulative roi | $850 | $2,000 | $73 | $90 | $105 | $119 | $132 | $145 | $157 | $170 | $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