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:
Jul 2026
Price, CAD
$1,397,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.52%
Cumulative Return on Investment in Year 5
101.64%
Property Price at the End of Year 5
$1,801,000
Deposit Schedule
$10,000 at Signing
Net Gain (Loss)
Get Expert Advice
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 | - | $13,000 | $40,000 | $42,000 | $44,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $386,000 |
mortgage principal reduction | - | $6,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $172,000 |
deposit interest | $518 | $336 | - | - | - | - | - | - | - | - | $854 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $73,000 | $120,000 | $138,000 | $145,000 | $152,000 | $159,000 | $167,000 | $175,000 | $184,000 | $193,000 | $1,506,000 |
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 | - | $4,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $122,000 |
mortgage payment | - | $23,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $70,000 | $583,000 |
total expense investment | $10,000 | $362,000 | $84,000 | $84,000 | $84,000 | $85,000 | $85,000 | $85,000 | $86,000 | $86,000 | $1,050,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $63,000 | -$242,716 | $54,000 | $61,000 | $68,000 | $75,000 | $82,000 | $90,000 | $98,000 | $107,000 | $456,000 |
cumulative roi | $730 | $51 | $70 | $86 | $102 | $116 | $130 | $143 | $156 | $170 | $2,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt