Suite number:
S0309 - S-A2
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
790 sqft
Occupancy Date:
Mar 2026
Price, CAD
$961,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.84%
Cumulative Return on Investment in Year 5
98.66%
Property Price at the End of Year 5
$1,239,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$24,050
2.5% in 90 days
$24,050
2.5% in 180 days
$24,050
2.5% in 240 days
$24,050
5% on Occupancy
$48,100
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 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $635,000 |
rent income | - | $23,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $289,000 |
mortgage principal reduction | - | $10,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $127,000 |
deposit interest | $4,000 | $513 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $54,000 | $110,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $122,000 | $128,000 | $135,000 | $1,079,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $96,000 | $48,000 | - | - | - | - | - | - | - | - | $144,000 |
remaining balance payment | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
closing cost | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
operating expense | - | $10,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $111,000 |
mortgage payment | - | $40,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $426,000 |
total expense investment | $96,000 | $202,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $785,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$42,573 | -$92,098 | $36,000 | $41,000 | $46,000 | $50,000 | $56,000 | $61,000 | $67,000 | $73,000 | $295,000 |
cumulative roi | $56 | $52 | $70 | $85 | $99 | $112 | $124 | $137 | $149 | $162 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 12
1—2.5 bd
591—1134 SqFt