Suite number:
The Allan
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
913 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,193,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.04%
Cumulative Return on Investment in Year 5
102.00%
Property Price at the End of Year 5
$1,538,000
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 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $788,000 |
rent income | - | - | $11,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $228,000 |
mortgage principal reduction | - | - | $6,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $128,000 |
deposit interest | $518 | $520 | $294 | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $62,000 | $66,000 | $110,000 | $114,000 | $120,000 | $126,000 | $132,000 | $139,000 | $146,000 | $153,000 | $1,169,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $229,000 | - | - | - | - | - | - | - | $229,000 |
closing cost | - | - | $61,000 | - | - | - | - | - | - | - | $61,000 |
operating expense | - | - | $4,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $84,000 |
mortgage payment | - | - | $25,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $443,000 |
total expense investment | $10,000 | - | $319,000 | $70,000 | $71,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $828,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $52,000 | $66,000 | -$208,777 | $44,000 | $49,000 | $55,000 | $61,000 | $67,000 | $74,000 | $81,000 | $342,000 |
cumulative roi | $624 | $1,000 | $73 | $88 | $102 | $114 | $126 | $137 | $148 | $158 | $3,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt