Suite number:
210
Project:
Address:
St. Catharines, Ontario
Developer:
Valour Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
980 sqft
Occupancy Date:
Jan 2027
Price, CAD
$938,990
Available
ROI
15,08%
Monthly Expenses
- condo fees— $725
- property taxes— $235
- property management— $147
- repairs and maintenance— $74
Total: $1,180
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.21%
Cumulative Return on Investment in Year 5
104.24%
Property Price at the End of Year 5
$1,210,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 60 days
$23,475
2.5% in 120 days
$23,475
2.5% in 322 days
$23,475
2.5% on Occupancy
$23,475
Net Gain (Loss)
- Net Gain Loss
Get Expert Advice
Property Price Appreciation
- 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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $620,000 |
| rent income | - | - | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $38,000 | $267,000 |
| mortgage principal reduction | - | - | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $110,000 |
| deposit interest | $3,000 | $6,000 | - | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $52,000 | $57,000 | $118,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $1,030,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $75,000 | $23,000 | - | - | - | - | - | - | - | - | $99,000 |
| remaining balance payment | - | $89,000 | - | - | - | - | - | - | - | - | $89,000 |
| closing cost | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | - | - | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $123,000 |
| mortgage payment | - | - | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $376,000 |
| total expense investment | $75,000 | $168,000 | $61,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $64,000 | $743,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$23,282 | -$111,012 | $57,000 | $37,000 | $42,000 | $47,000 | $52,000 | $57,000 | $62,000 | $68,000 | $287,000 |
| cumulative roi | $69 | $47 | $75 | $91 | $104 | $117 | $129 | $141 | $153 | $165 | $1,000 |
The Harbour Club
Address: St. Catharines, Ontario
Price Range: $662,000 - $3,244,000
Avail. suites: 43
1—2.5 bd
668—3071 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.