Suite number:
S0609 - S-A3+
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
835 sqft
Occupancy Date:
Mar 2026
Price, CAD
$912,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.24%
Cumulative Return on Investment in Year 5
100.92%
Property Price at the End of Year 5
$1,176,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$22,825
2.5% in 90 days
$22,825
2.5% in 180 days
$22,825
2.5% in 240 days
$22,825
5% on Occupancy
$45,650
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 | $47,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $603,000 |
rent income | - | $24,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $306,000 |
mortgage principal reduction | - | $9,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $121,000 |
deposit interest | $4,000 | $487 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $51,000 | $108,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $1,057,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $91,000 | $46,000 | - | - | - | - | - | - | - | - | $137,000 |
remaining balance payment | - | $46,000 | - | - | - | - | - | - | - | - | $46,000 |
closing cost | - | $55,000 | - | - | - | - | - | - | - | - | $55,000 |
operating expense | - | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $114,000 |
mortgage payment | - | $38,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $404,000 |
total expense investment | $91,000 | $194,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $756,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$40,404 | -$86,355 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $61,000 | $66,000 | $72,000 | $301,000 |
cumulative roi | $56 | $53 | $70 | $86 | $101 | $115 | $128 | $142 | $156 | $169 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 12
1—2.5 bd
591—1134 SqFt