Suite number:
S0408 - S-C3
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
732 sqft
Occupancy Date:
Mar 2027
Price, CAD
$835,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.42%
Cumulative Return on Investment in Year 5
102.04%
Property Price at the End of Year 5
$1,077,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$20,900
2.5% in 90 days
$20,900
2.5% in 180 days
$20,900
2.5% in 240 days
$20,900
5% on Occupancy
$41,800
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 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $552,000 |
| rent income | - | $13,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $256,000 |
| mortgage principal reduction | - | $5,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $105,000 |
| deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $47,000 | $90,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $943,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $84,000 | $42,000 | - | - | - | - | - | - | - | - | $125,000 |
| remaining balance payment | - | $42,000 | - | - | - | - | - | - | - | - | $42,000 |
| closing cost | - | $54,000 | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | - | $5,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $97,000 |
| mortgage payment | - | $21,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $356,000 |
| total expense investment | $84,000 | $163,000 | $52,000 | $53,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $674,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$36,797 | -$73,766 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $59,000 | $64,000 | $269,000 |
| cumulative roi | $56 | $55 | $72 | $88 | $102 | $116 | $129 | $142 | $154 | $168 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 9
1—2.5 bd
591—1134 SqFt