Suite number:
619 - 1F
Project:
Address:
Oakville, Ontario
Developer:
Caivan Communities
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
503 sqft
Occupancy Date:
Feb 2025
Price, CAD
$666,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.31%
Cumulative Return on Investment in Year 5
81.03%
Property Price at the End of Year 5
$859,000
Deposit Schedule
$10 at Signing
Total up to 5% in 0 days
$33,345
2.5% in 30 days
$16,673
2.5% on Occupancy
$16,673
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 | $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 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $103,000 |
| deposit interest | $736 | - | - | - | - | - | - | - | - | - | $736 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $75,000 | $58,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $84,000 | $707,000 |
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 | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $75,000 |
| mortgage payment | $24,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $316,000 |
| total expense investment | $212,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $573,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$136,947 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $43,000 | $134,000 |
| cumulative roi | $30 | $46 | $59 | $70 | $81 | $91 | $100 | $109 | $118 | $127 | $832 |
The Saw Whet Condos
Address: Oakville, Ontario
Price Range: $615,000 - $690,000
Avail. suites: 5
1—1.5 bd
503—529 SqFt