Suite number:
The Oakwood
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1071 sqft
Occupancy Date:
Jun 2027
Price, CAD
$1,459,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.96%
Cumulative Return on Investment in Year 5
104.89%
Property Price at the End of Year 5
$1,881,000
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 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $103,000 | $108,000 | $114,000 | $120,000 | $964,000 |
rent income | - | - | $16,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $319,000 |
mortgage principal reduction | - | - | $7,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $156,000 |
deposit interest | $518 | $520 | $294 | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $76,000 | $80,000 | $131,000 | $145,000 | $152,000 | $159,000 | $167,000 | $176,000 | $184,000 | $193,000 | $1,464,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $282,000 | - | - | - | - | - | - | - | $282,000 |
closing cost | - | - | $66,000 | - | - | - | - | - | - | - | $66,000 |
operating expense | - | - | $5,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $105,000 |
mortgage payment | - | - | $30,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $542,000 |
total expense investment | $10,000 | - | $384,000 | $86,000 | $87,000 | $87,000 | $87,000 | $88,000 | $88,000 | $88,000 | $1,006,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $66,000 | $80,000 | -$252,811 | $58,000 | $65,000 | $72,000 | $80,000 | $88,000 | $96,000 | $105,000 | $459,000 |
cumulative roi | $762 | $2,000 | $73 | $90 | $105 | $119 | $131 | $144 | $156 | $168 | $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