Suite number:
The Burton
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1243 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,551,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.41%
Cumulative Return on Investment in Year 5
106.50%
Property Price at the End of Year 5
$1,999,000
Deposit Schedule
$10,000 at Signing
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 | $80,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $1,024,000 |
| rent income | - | - | $18,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $57,000 | $370,000 |
| mortgage principal reduction | - | - | $8,000 | $20,000 | $20,000 | $21,000 | $23,000 | $24,000 | $25,000 | $26,000 | $166,000 |
| deposit interest | $518 | $520 | $294 | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $81,000 | $85,000 | $140,000 | $158,000 | $165,000 | $174,000 | $182,000 | $191,000 | $200,000 | $210,000 | $1,586,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | - | - | $300,000 | - | - | - | - | - | - | - | $300,000 |
| closing cost | - | - | $68,000 | - | - | - | - | - | - | - | $68,000 |
| operating expense | - | - | $6,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $119,000 |
| mortgage payment | - | - | $32,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $576,000 |
| total expense investment | $10,000 | - | $407,000 | $93,000 | $93,000 | $93,000 | $94,000 | $94,000 | $95,000 | $95,000 | $1,074,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $71,000 | $85,000 | -$267,408 | $65,000 | $72,000 | $80,000 | $88,000 | $97,000 | $106,000 | $115,000 | $512,000 |
| cumulative roi | $810 | $2,000 | $73 | $91 | $107 | $121 | $135 | $148 | $161 | $174 | $3,000 |
The Deane
Address: Oakville, Ontario
Price Range: $1,194,000 - $1,822,000
Avail. suites: 9
1—3.5 bd
636—1594 SqFt