Suite number:
201 - Uptown
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Bathrooms:
3.5
Bedrooms:
3.5
Size:
2099 sqft
Occupancy Date:
Jun 2024
Price, CAD
$2,550,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.65%
Cumulative Return on Investment in Year 5
150.36%
Property Price at the End of Year 5
$3,286,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$127,550
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 | $132,000 | $140,000 | $147,000 | $154,000 | $162,000 | $171,000 | $180,000 | $189,000 | $199,000 | $209,000 | $1,684,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $47,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $428,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $179,000 | $175,000 | $183,000 | $193,000 | $203,000 | $213,000 | $224,000 | $235,000 | $247,000 | $260,000 | $2,111,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $1,241,000 |
| total expense investment | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $124,000 | $1,241,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $55,000 | $51,000 | $59,000 | $69,000 | $79,000 | $89,000 | $100,000 | $111,000 | $123,000 | $135,000 | $870,000 |
| cumulative roi | $145 | $143 | $144 | $147 | $150 | $154 | $158 | $162 | $166 | $170 | $2,000 |
Berkshire Residences
Address: Oakville, Ontario
Price Range: $1,939,000 - $2,554,000
Avail. suites: 13
1—3.5 bd
737—2187 SqFt