Suite number:
S0308 - S-K
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
643 sqft
Occupancy Date:
Mar 2026
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.27%
Cumulative Return on Investment in Year 5
96.79%
Property Price at the End of Year 5
$1,058,000
Deposit Schedule
$5,000 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 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $542,000 |
rent income | - | $13,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $193,000 |
mortgage principal reduction | - | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $110,000 |
deposit interest | $3,000 | $1,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $46,000 | $90,000 | $78,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $873,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $82,000 | $41,000 | - | - | - | - | - | - | - | - | $123,000 |
remaining balance payment | - | $41,000 | - | - | - | - | - | - | - | - | $41,000 |
closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
operating expense | - | $6,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $89,000 |
mortgage payment | - | $27,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $346,000 |
total expense investment | $82,000 | $167,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $651,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$36,134 | -$76,890 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $48,000 | $52,000 | $57,000 | $222,000 |
cumulative roi | $56 | $54 | $70 | $84 | $97 | $108 | $119 | $130 | $141 | $151 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 11
1—2.5 bd
591—1134 SqFt