Suite number:
Ocean
Project:
Address:
Niagara Falls, Ontario
Developer:
Delta Builders
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
646 sqft
Occupancy Date:
Mar 2026
$461,195
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.73%
Cumulative Return on Investment in Year 5
104.32%
Property Price at the End of Year 5
$594,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 120 days
$11,530
2.5% in 180 days
$11,530
2.5% in 360 days
$11,530
7.5% on Occupancy
$34,590
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 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $304,000 |
rent income | - | $10,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $155,000 |
mortgage principal reduction | - | $4,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $66,000 |
deposit interest | $1,000 | $633 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $25,000 | $64,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $64,000 | $68,000 | $551,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $40,000 | $35,000 | - | - | - | - | - | - | - | - | $74,000 |
remaining balance payment | - | $18,000 | - | - | - | - | - | - | - | - | $18,000 |
closing cost | - | $45,000 | - | - | - | - | - | - | - | - | $45,000 |
operating expense | - | $4,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $61,000 |
mortgage payment | - | $14,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $183,000 |
total expense investment | $40,000 | $116,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $29,000 | $29,000 | $29,000 | $382,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$14,219 | -$51,379 | $21,000 | $23,000 | $26,000 | $28,000 | $30,000 | $33,000 | $36,000 | $38,000 | $170,000 |
cumulative roi | $64 | $56 | $73 | $89 | $104 | $119 | $133 | $148 | $162 | $177 | $1,000 |
Zebra Condominiums
Address: Niagara Falls, Ontario
Price Range: $461,000 - $840,000
Avail. suites: 16
1—2 bd
646—1611 SqFt