Suite number:
103 - C3B2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
733 sqft
Occupancy Date:
Mar 2026
Price, CAD
$703,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.88%
Cumulative Return on Investment in Year 5
92.63%
Property Price at the End of Year 5
$907,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$17,600
2.5% in 120 days
$17,600
5% on Occupancy
$35,200
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $465,000 |
rent income | $13,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $248,000 |
mortgage principal reduction | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $103,000 |
deposit interest | $88 | - | - | - | - | - | - | - | - | - | $88 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $78,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $840,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
remaining balance payment | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
operating expense | $6,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $104,000 |
mortgage payment | $21,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $338,000 |
total expense investment | $218,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $634,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$140,022 | $24,000 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $54,000 | $206,000 |
cumulative roi | $32 | $50 | $65 | $79 | $93 | $105 | $117 | $130 | $142 | $154 | $968 |
ClockWork 3 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $511,000 - $849,000
Avail. suites: 11
1—3 bd
483—876 SqFt