Suite number:
Uptown
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Floor plan:
Bathrooms:
3.5
Bedrooms:
3.5
Size:
2099 sqft
Occupancy Date:
Aug 2024
Price, CAD
$2,550,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.53%
Cumulative Return on Investment in Year 5
145.39%
Property Price at the End of Year 5
$3,286,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$127,550
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 | $132,000 | $140,000 | $147,000 | $154,000 | $162,000 | $171,000 | $180,000 | $189,000 | $199,000 | $209,000 | $1,684,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $48,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $418,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $180,000 | $173,000 | $182,000 | $192,000 | $201,000 | $212,000 | $223,000 | $234,000 | $246,000 | $259,000 | $2,102,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $1,277,000 |
| total expense investment | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $128,000 | $1,277,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $52,000 | $46,000 | $54,000 | $64,000 | $74,000 | $84,000 | $95,000 | $106,000 | $118,000 | $131,000 | $824,000 |
| cumulative roi | $141 | $138 | $140 | $142 | $145 | $149 | $152 | $156 | $160 | $165 | $1,000 |
Berkshire Residences
Address: Oakville, Ontario
Price Range: $1,939,000 - $2,551,000
Avail. suites: 5
1—3.5 bd
737—2187 SqFt