Suite number:
1204
Project:
Address:
St. Catharines, Ontario
Developer:
Elite Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
685 sqft
Occupancy Date:
Jan 2027
Price, CAD
$565,888
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.97%
Cumulative Return on Investment in Year 5
107.11%
Property Price at the End of Year 5
$729,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$28,294
2.5% in 120 days
$14,147
2.5% in 150 days
$14,147
2.5% in 550 days
$14,147
2.5% in 720 days
$14,147
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 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $373,000 |
| rent income | - | - | $18,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $184,000 |
| mortgage principal reduction | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $68,000 |
| deposit interest | -$606 | $5,000 | $351 | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $29,000 | $36,000 | $82,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $655,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $57,000 | $28,000 | $28,000 | - | - | - | - | - | - | - | $113,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $47,000 | - | - | - | - | - | - | - | $47,000 |
| operating expense | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $81,000 |
| mortgage payment | - | - | $25,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $218,000 |
| total expense investment | $57,000 | $28,000 | $109,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $459,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,852 | $8,000 | -$26,734 | $26,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $44,000 | $196,000 |
| cumulative roi | $52 | $77 | $76 | $92 | $107 | $121 | $135 | $148 | $162 | $176 | $1,000 |
88 James
Address: St. Catharines, Ontario
Price Range: $378,000 - $629,000
Avail. suites: 141
0—2.5 bd
345—762 SqFt