Suite number:
S0408 - S-C3
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
732 sqft
Occupancy Date:
Mar 2026
$835,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.63%
Cumulative Return on Investment in Year 5
107.58%
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 | - | $17,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $263,000 |
mortgage principal reduction | - | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $120,000 |
deposit interest | $3,000 | $1,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $47,000 | $96,000 | $87,000 | $91,000 | $95,000 | $100,000 | $104,000 | $109,000 | $115,000 | $120,000 | $963,000 |
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 | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
operating expense | - | $7,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $102,000 |
mortgage payment | - | $26,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $332,000 |
total expense investment | $84,000 | $168,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $52,000 | $654,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$36,794 | -$72,289 | $38,000 | $41,000 | $45,000 | $50,000 | $54,000 | $59,000 | $63,000 | $68,000 | $310,000 |
cumulative roi | $56 | $55 | $74 | $91 | $108 | $123 | $138 | $153 | $167 | $182 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $761,000 - $903,000
Avail. suites: 11
1—2.5 bd
591—1134 SqFt