Suite number:
109, 110, 111 (Oak & Co Lofts)
Project:
Address:
Oakville, Ontario
Developer:
Cortel Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1488 sqft
Occupancy Date:
Feb 2024
Price, CAD
$1,229,999
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.63%
Cumulative Return on Investment in Year 5
147.49%
Property Price at the End of Year 5
$1,585,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$61,500
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 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $812,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $28,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $210,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $92,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $108,000 | $113,000 | $119,000 | $125,000 | $1,022,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $616,000 |
| total expense investment | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $616,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $31,000 | $22,000 | $27,000 | $31,000 | $36,000 | $41,000 | $46,000 | $52,000 | $57,000 | $64,000 | $406,000 |
| cumulative roi | $150 | $143 | $143 | $145 | $147 | $151 | $154 | $158 | $162 | $166 | $2,000 |
Oak & Co. Condos
Address: Oakville, Ontario
Price Range: $841,000 - $1,786,000
Avail. suites: 17
1—3.5 bd
540—2299 SqFt