Suite number:
The Dunn
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1047 sqft
Occupancy Date:
Mar 2025
$1,357,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.69%
Cumulative Return on Investment in Year 5
97.66%
Property Price at the End of Year 5
$1,750,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$67,900
2.5% in 90 days
$33,950
12.5% on Occupancy
$169,749
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 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $896,000 |
rent income | $20,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $358,000 |
mortgage principal reduction | $13,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $221,000 |
deposit interest | $965 | - | - | - | - | - | - | - | - | - | $965 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $128,000 | $125,000 | $131,000 | $138,000 | $144,000 | $151,000 | $159,000 | $166,000 | $174,000 | $183,000 | $1,500,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $272,000 | - | - | - | - | - | - | - | - | - | $272,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $134,000 |
mortgage payment | $41,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $602,000 |
total expense investment | $384,000 | $75,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $78,000 | $1,070,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$255,295 | $51,000 | $57,000 | $62,000 | $69,000 | $75,000 | $82,000 | $89,000 | $97,000 | $104,000 | $430,000 |
cumulative roi | $30 | $50 | $68 | $83 | $98 | $111 | $124 | $137 | $149 | $161 | $1,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt