Suite number:
C4E1/C4E2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
526 sqft
Occupancy Date:
Sep 2027
$620,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.44%
Cumulative Return on Investment in Year 5
115.84%
Property Price at the End of Year 5
$799,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,000
2.5% in 120 days
$15,500
2.5% in 240 days
$15,500
5% on Occupancy
$31,000
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 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $409,000 |
rent income | - | - | $3,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $151,000 |
mortgage principal reduction | - | - | $1,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $71,000 |
deposit interest | $3,000 | $3,000 | $3,000 | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $37,000 | $67,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $664,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $62,000 | - | $31,000 | - | - | - | - | - | - | - | $93,000 |
remaining balance payment | - | - | $31,000 | - | - | - | - | - | - | - | $31,000 |
closing cost | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
operating expense | - | - | $1,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $59,000 |
mortgage payment | - | - | $5,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $204,000 |
total expense investment | $62,000 | - | $116,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $435,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$27,283 | $37,000 | -$49,043 | $29,000 | $32,000 | $35,000 | $38,000 | $41,000 | $45,000 | $48,000 | $229,000 |
cumulative roi | $56 | $116 | $82 | $100 | $116 | $131 | $145 | $159 | $173 | $187 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $490,000 - $880,000
Avail. suites: 12
1—3 bd
460—868 SqFt