Suite number:
205
Project:
Address:
St. Catharines, Ontario
Developer:
Valour Group
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1576 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,450,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.45%
Cumulative Return on Investment in Year 5
106.90%
Property Price at the End of Year 5
$1,869,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 60 days
$36,275
2.5% on Occupancy
$36,275
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 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $108,000 | $113,000 | $119,000 | $958,000 |
| rent income | - | $23,000 | $56,000 | $58,000 | $61,000 | $64,000 | $66,000 | $69,000 | $72,000 | $75,000 | $545,000 |
| mortgage principal reduction | - | $7,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $181,000 |
| deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $79,000 | $136,000 | $158,000 | $165,000 | $173,000 | $182,000 | $191,000 | $200,000 | $210,000 | $220,000 | $1,713,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| remaining balance payment | - | $213,000 | - | - | - | - | - | - | - | - | $213,000 |
| closing cost | - | $66,000 | - | - | - | - | - | - | - | - | $66,000 |
| operating expense | - | $10,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $27,000 | $27,000 | $28,000 | $216,000 |
| mortgage payment | - | $30,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $612,000 |
| total expense investment | $78,000 | $319,000 | $96,000 | $97,000 | $97,000 | $98,000 | $99,000 | $99,000 | $100,000 | $101,000 | $1,183,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | -$182,877 | $61,000 | $69,000 | $76,000 | $84,000 | $92,000 | $101,000 | $110,000 | $119,000 | $529,000 |
| cumulative roi | $101 | $53 | $72 | $90 | $107 | $123 | $138 | $154 | $169 | $185 | $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