Suite number:
S0216 - S-B
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
672 sqft
Occupancy Date:
Mar 2026
Price, CAD
$750,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.68%
Cumulative Return on Investment in Year 5
94.95%
Property Price at the End of Year 5
$968,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$18,775
2.5% in 90 days
$18,775
2.5% in 180 days
$18,775
2.5% in 240 days
$18,775
5% on Occupancy
$37,550
Net Gain (Loss)
Get Expert Advice
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $496,000 |
rent income | - | $16,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $206,000 |
mortgage principal reduction | - | $8,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $99,000 |
deposit interest | $3,000 | $400 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $90,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $828,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $75,000 | $38,000 | - | - | - | - | - | - | - | - | $113,000 |
remaining balance payment | - | $38,000 | - | - | - | - | - | - | - | - | $38,000 |
closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
operating expense | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $89,000 |
mortgage payment | - | $31,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $332,000 |
total expense investment | $75,000 | $166,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $623,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$33,235 | -$76,505 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $205,000 |
cumulative roi | $56 | $52 | $68 | $82 | $95 | $107 | $118 | $129 | $140 | $151 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 12
1—2.5 bd
591—1134 SqFt