Suite number:
C4B1/C4B2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
567 sqft
Occupancy Date:
Sep 2027
$650,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.74%
Cumulative Return on Investment in Year 5
116.70%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$32,500
2.5% in 120 days
$16,250
2.5% in 240 days
$16,250
5% on Occupancy
$32,500
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
rent income | - | - | $3,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $163,000 |
mortgage principal reduction | - | - | $2,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $74,000 |
deposit interest | $3,000 | $3,000 | $3,000 | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $36,000 | $39,000 | $69,000 | $69,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $699,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $65,000 | - | $33,000 | - | - | - | - | - | - | - | $98,000 |
remaining balance payment | - | - | $33,000 | - | - | - | - | - | - | - | $33,000 |
closing cost | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
operating expense | - | - | $1,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $63,000 |
mortgage payment | - | - | $5,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $214,000 |
total expense investment | $65,000 | - | $120,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $40,000 | $455,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$28,604 | $39,000 | -$50,798 | $31,000 | $34,000 | $37,000 | $40,000 | $44,000 | $47,000 | $51,000 | $244,000 |
cumulative roi | $56 | $116 | $82 | $100 | $117 | $132 | $147 | $161 | $176 | $190 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $490,000 - $880,000
Avail. suites: 12
1—3 bd
460—868 SqFt