Suite number:
C4G1/C4G2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
544 sqft
Occupancy Date:
Sep 2027
Price, CAD
$600,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.35%
Cumulative Return on Investment in Year 5
105.88%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,000
2.5% in 120 days
$15,000
2.5% in 240 days
$15,000
5% on Occupancy
$30,000
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
rent income | - | - | $6,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $160,000 |
mortgage principal reduction | - | - | $2,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $63,000 |
deposit interest | -$1,501 | $3,000 | $2,000 | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $30,000 | $36,000 | $69,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $647,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | - | $30,000 | - | - | - | - | - | - | - | $90,000 |
remaining balance payment | - | - | $30,000 | - | - | - | - | - | - | - | $30,000 |
closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
operating expense | - | - | $3,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $60,000 |
mortgage payment | - | - | $10,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $220,000 |
total expense investment | $60,000 | - | $122,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $450,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,390 | $36,000 | -$52,267 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $41,000 | $45,000 | $197,000 |
cumulative roi | $52 | $109 | $76 | $91 | $106 | $119 | $133 | $145 | $158 | $171 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $500,000 - $800,000
Avail. suites: 12
1—3 bd
460—868 SqFt