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
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.15%
Cumulative Return on Investment in Year 5
98.89%
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% on Occupancy
$23,475
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $620,000 |
| rent income | - | $12,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $284,000 |
| mortgage principal reduction | - | $5,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $117,000 |
| deposit interest | $2,000 | $1,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $51,000 | $94,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $1,048,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| remaining balance payment | - | $136,000 | - | - | - | - | - | - | - | - | $136,000 |
| closing cost | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | - | $6,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $130,000 |
| mortgage payment | - | $20,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $396,000 |
| total expense investment | $52,000 | $217,000 | $61,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $64,000 | $769,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$967 | -$123,585 | $34,000 | $38,000 | $43,000 | $47,000 | $52,000 | $58,000 | $63,000 | $69,000 | $279,000 |
| cumulative roi | $98 | $53 | $70 | $85 | $99 | $112 | $124 | $136 | $148 | $160 | $1,000 |
The Harbour Club
Address: St. Catharines, Ontario
Price Range: $643,000 - $3,425,000
Avail. suites: 28
1—3 bd
668—3071 SqFt