Suite number:
619 - 1F
Project:
Address:
Oakville, Ontario
Developer:
Caivan Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
503 sqft
Occupancy Date:
Feb 2025
Price, CAD
$666,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.79%
Cumulative Return on Investment in Year 5
83.43%
Property Price at the End of Year 5
$859,000
Deposit Schedule
$10 at Signing
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 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $440,000 |
rent income | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $139,000 |
mortgage principal reduction | $6,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $100,000 |
deposit interest | $793 | - | - | - | - | - | - | - | - | - | $793 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $74,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $704,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
remaining balance payment | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
operating expense | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $72,000 |
mortgage payment | $25,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $326,000 |
total expense investment | $214,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $581,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$139,389 | $17,000 | $20,000 | $22,000 | $25,000 | $29,000 | $32,000 | $35,000 | $39,000 | $43,000 | $123,000 |
cumulative roi | $32 | $48 | $61 | $73 | $83 | $93 | $102 | $111 | $120 | $129 | $854 |
The Saw Whet Condos
Address: Oakville, Ontario
Price Range: $615,000 - $690,000
Avail. suites: 5
1—1.5 bd
503—529 SqFt