Suite number:
C4K1/C4K2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
585 sqft
Occupancy Date:
Mar 2028
Price, CAD
$611,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.16%
Cumulative Return on Investment in Year 5
105.35%
Property Price at the End of Year 5
$788,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,600
2.5% in 120 days
$15,300
2.5% in 240 days
$15,300
5% on Occupancy
$30,600
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 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $404,000 |
rent income | - | - | $12,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $179,000 |
mortgage principal reduction | - | - | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $67,000 |
deposit interest | -$1,133 | $3,000 | $1,000 | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $31,000 | $37,000 | $77,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $83,000 | $87,000 | $677,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $61,000 | - | $31,000 | - | - | - | - | - | - | - | $92,000 |
remaining balance payment | - | - | $31,000 | - | - | - | - | - | - | - | $31,000 |
closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
operating expense | - | - | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $66,000 |
mortgage payment | - | - | $18,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $232,000 |
total expense investment | $61,000 | - | $133,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $470,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,599 | $37,000 | -$56,304 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $44,000 | $47,000 | $207,000 |
cumulative roi | $52 | $110 | $74 | $91 | $105 | $119 | $133 | $147 | $160 | $174 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $550,000 - $825,000
Avail. suites: 10
1—3 bd
460—868 SqFt