Suite number:
The Maurice
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1131 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,397,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.20%
Cumulative Return on Investment in Year 5
104.62%
Property Price at the End of Year 5
$1,801,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$69,900
2.5% in 90 days
$34,950
12.5% on Occupancy
$174,749
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 | $26,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $57,000 | $464,000 |
| mortgage principal reduction | $13,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $228,000 |
| deposit interest | $992 | - | - | - | - | - | - | - | - | - | $992 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $137,000 | $138,000 | $144,000 | $151,000 | $158,000 | $166,000 | $174,000 | $182,000 | $191,000 | $200,000 | $1,639,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $280,000 | - | - | - | - | - | - | - | - | - | $280,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
| operating expense | $9,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $150,000 |
| mortgage payment | $43,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $619,000 |
| total expense investment | $395,000 | $78,000 | $78,000 | $79,000 | $79,000 | $80,000 | $80,000 | $81,000 | $81,000 | $82,000 | $1,112,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$257,708 | $60,000 | $66,000 | $72,000 | $79,000 | $86,000 | $93,000 | $101,000 | $109,000 | $118,000 | $527,000 |
| cumulative roi | $30 | $52 | $71 | $88 | $105 | $120 | $136 | $151 | $167 | $183 | $1,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt