Suite number:
S0210 - S-G
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
753 sqft
Occupancy Date:
Mar 2026
$785,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.95%
Cumulative Return on Investment in Year 5
109.66%
Property Price at the End of Year 5
$1,013,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$19,650
2.5% in 90 days
$19,650
2.5% in 180 days
$19,650
2.5% in 240 days
$19,650
5% on Occupancy
$39,300
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 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $519,000 |
rent income | - | $18,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $271,000 |
mortgage principal reduction | - | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $112,000 |
deposit interest | $3,000 | $1,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $44,000 | $93,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $930,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $79,000 | $39,000 | - | - | - | - | - | - | - | - | $118,000 |
remaining balance payment | - | $39,000 | - | - | - | - | - | - | - | - | $39,000 |
closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
operating expense | - | $7,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $103,000 |
mortgage payment | - | $24,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $312,000 |
total expense investment | $79,000 | $161,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $624,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$34,592 | -$67,602 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $57,000 | $62,000 | $67,000 | $307,000 |
cumulative roi | $56 | $55 | $75 | $93 | $110 | $126 | $142 | $158 | $174 | $190 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $761,000 - $903,000
Avail. suites: 11
1—2.5 bd
591—1134 SqFt