Suite number:
347 - 1C+D
Project:
Address:
Oakville, Ontario
Developer:
Caivan Communities
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
529 sqft
Occupancy Date:
Feb 2025
$689,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.94%
Cumulative Return on Investment in Year 5
88.86%
Property Price at the End of Year 5
$889,000
Deposit Schedule
$10 at Signing
Total up to 5% in 0 days
$34,495
2.5% in 30 days
$17,248
2.5% on Occupancy
$17,248
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $455,000 |
rent income | $14,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $219,000 |
mortgage principal reduction | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $106,000 |
deposit interest | $761 | - | - | - | - | - | - | - | - | - | $761 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $81,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $806,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
remaining balance payment | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
operating expense | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $85,000 |
mortgage payment | $25,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $327,000 |
total expense investment | $218,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $599,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$136,969 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $49,000 | $53,000 | $207,000 |
cumulative roi | $31 | $47 | $62 | $76 | $89 | $101 | $113 | $125 | $137 | $149 | $930 |
The Saw Whet Condos
Address: Oakville, Ontario
Price Range: $615,000 - $690,000
Avail. suites: 5
1—1.5 bd
503—529 SqFt