Suite number:
217
Project:
Address:
St. Catharines, Ontario
Developer:
Valour Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1004 sqft
Occupancy Date:
Jan 2027
Price, CAD
$994,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.14%
Cumulative Return on Investment in Year 5
107.56%
Property Price at the End of Year 5
$1,282,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 0 days
$24,875
2.5% in 0 days
$24,875
0% in 30 days
$5,000
2.5% in 60 days
$24,875
2.5% on Occupancy
$24,875
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 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $657,000 |
| rent income | - | - | $24,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $267,000 |
| mortgage principal reduction | - | - | $11,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $118,000 |
| deposit interest | $2,000 | $5,000 | $3,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $54,000 | $60,000 | $119,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $138,000 | $1,076,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $55,000 | $25,000 | $25,000 | - | - | - | - | - | - | - | $104,000 |
| remaining balance payment | - | - | $94,000 | - | - | - | - | - | - | - | $94,000 |
| closing cost | - | - | $55,000 | - | - | - | - | - | - | - | $55,000 |
| operating expense | - | - | $12,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $128,000 |
| mortgage payment | - | - | $40,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $379,000 |
| total expense investment | $55,000 | $25,000 | $227,000 | $63,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $761,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$747 | $35,000 | -$107,900 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $72,000 | $315,000 |
| cumulative roi | $99 | $143 | $78 | $93 | $108 | $121 | $133 | $145 | $157 | $168 | $1,000 |
The Harbour Club
Address: St. Catharines, Ontario
Price Range: $662,000 - $3,244,000
Avail. suites: 43
1—2.5 bd
668—3071 SqFt