Suite number:
The Maurice
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1131 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,397,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.25%
Cumulative Return on Investment in Year 5
106.40%
Property Price at the End of Year 5
$1,801,000
Deposit Schedule
$10,000 at Signing
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 | $72,000 | $76,000 | $80,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $923,000 |
| rent income | - | - | $16,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $337,000 |
| mortgage principal reduction | - | - | $7,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $150,000 |
| deposit interest | $518 | $520 | $294 | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $73,000 | $77,000 | $128,000 | $142,000 | $149,000 | $157,000 | $164,000 | $172,000 | $181,000 | $190,000 | $1,435,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | - | - | $270,000 | - | - | - | - | - | - | - | $270,000 |
| closing cost | - | - | $65,000 | - | - | - | - | - | - | - | $65,000 |
| operating expense | - | - | $6,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $108,000 |
| mortgage payment | - | - | $29,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $519,000 |
| total expense investment | $10,000 | - | $369,000 | $84,000 | $84,000 | $84,000 | $85,000 | $85,000 | $85,000 | $86,000 | $971,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $63,000 | $77,000 | -$241,013 | $59,000 | $66,000 | $73,000 | $80,000 | $88,000 | $96,000 | $104,000 | $463,000 |
| cumulative roi | $730 | $1,000 | $73 | $91 | $106 | $121 | $135 | $148 | $161 | $174 | $3,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt