Suite number:
S0904 - S-A
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
759 sqft
Occupancy Date:
Mar 2027
Price, CAD
$882,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.07%
Cumulative Return on Investment in Year 5
99.51%
Property Price at the End of Year 5
$1,138,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$22,075
2.5% in 90 days
$22,075
2.5% in 180 days
$22,075
2.5% in 240 days
$22,075
5% on Occupancy
$44,150
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 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $583,000 |
| rent income | - | $6,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $215,000 |
| mortgage principal reduction | - | $3,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $107,000 |
| deposit interest | $4,000 | $3,000 | - | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $49,000 | $84,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $936,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $88,000 | $44,000 | - | - | - | - | - | - | - | - | $132,000 |
| remaining balance payment | - | $44,000 | - | - | - | - | - | - | - | - | $44,000 |
| closing cost | - | $55,000 | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | - | $3,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $94,000 |
| mortgage payment | - | $11,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $365,000 |
| total expense investment | $88,000 | $157,000 | $55,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $690,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$38,848 | -$72,887 | $30,000 | $33,000 | $38,000 | $42,000 | $46,000 | $51,000 | $56,000 | $61,000 | $246,000 |
| cumulative roi | $56 | $56 | $72 | $87 | $100 | $111 | $123 | $133 | $144 | $155 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 9
1—2.5 bd
591—1134 SqFt