Suite number:
The Oakwood
Project:
Address:
Oakville, Ontario
Developer:
Rise Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1071 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,459,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.65%
Cumulative Return on Investment in Year 5
101.85%
Property Price at the End of Year 5
$1,881,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$73,000
2.5% in 90 days
$36,500
12.5% on Occupancy
$182,499
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 | $25,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $439,000 |
| mortgage principal reduction | $14,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $238,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $139,000 | $140,000 | $146,000 | $153,000 | $161,000 | $168,000 | $176,000 | $185,000 | $194,000 | $203,000 | $1,666,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $292,000 | - | - | - | - | - | - | - | - | - | $292,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | $9,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $146,000 |
| mortgage payment | $45,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $647,000 |
| total expense investment | $410,000 | $80,000 | $81,000 | $81,000 | $82,000 | $82,000 | $83,000 | $83,000 | $84,000 | $84,000 | $1,150,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$270,609 | $59,000 | $66,000 | $72,000 | $79,000 | $86,000 | $94,000 | $102,000 | $110,000 | $119,000 | $516,000 |
| cumulative roi | $30 | $51 | $69 | $86 | $102 | $117 | $131 | $145 | $159 | $174 | $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