Suite number:
217
Project:
Address:
St. Catharines, Ontario
Developer:
Valour Group
Property type:
condo
Floor plan:
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
22.23%
Cumulative Return on Investment in Year 5
103.91%
Property Price at the End of Year 5
$1,282,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 60 days
$24,875
2.5% in 120 days
$24,875
2.5% in 322 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 | - | - | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $274,000 |
| mortgage principal reduction | - | - | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $117,000 |
| deposit interest | $3,000 | $6,000 | - | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $55,000 | $61,000 | $123,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $138,000 | $1,081,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $80,000 | $25,000 | - | - | - | - | - | - | - | - | $104,000 |
| remaining balance payment | - | $94,000 | - | - | - | - | - | - | - | - | $94,000 |
| closing cost | - | $57,000 | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | - | - | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $127,000 |
| mortgage payment | - | - | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $399,000 |
| total expense investment | $80,000 | $176,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $67,000 | $781,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$24,388 | -$115,740 | $58,000 | $39,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $71,000 | $299,000 |
| cumulative roi | $69 | $47 | $75 | $90 | $104 | $116 | $128 | $140 | $151 | $163 | $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