Suite number:
512 - 1H-BF
Project:
Address:
Oakville, Ontario
Developer:
Caivan Communities
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
503 sqft
Occupancy Date:
Feb 2025
$639,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.31%
Cumulative Return on Investment in Year 5
81.35%
Property Price at the End of Year 5
$824,000
Deposit Schedule
$10 at Signing
Total up to 5% in 0 days
$31,995
2.5% in 30 days
$15,998
2.5% on Occupancy
$15,998
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $422,000 |
rent income | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $139,000 |
mortgage principal reduction | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $99,000 |
deposit interest | $706 | - | - | - | - | - | - | - | - | - | $706 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $73,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $685,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
remaining balance payment | $64,000 | - | - | - | - | - | - | - | - | - | $64,000 |
closing cost | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
operating expense | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $74,000 |
mortgage payment | $23,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $303,000 |
total expense investment | $205,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $553,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$131,651 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $131,000 |
cumulative roi | $31 | $46 | $59 | $71 | $81 | $91 | $101 | $110 | $119 | $128 | $836 |
The Saw Whet Condos
Address: Oakville, Ontario
Price Range: $615,000 - $690,000
Avail. suites: 5
1—1.5 bd
503—529 SqFt