Suite number:
S0105 - S-L10
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
973 sqft
Occupancy Date:
Mar 2027
Price, CAD
$1,109,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.10%
Cumulative Return on Investment in Year 5
103.22%
Property Price at the End of Year 5
$1,430,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$27,750
2.5% in 90 days
$27,750
2.5% in 180 days
$27,750
2.5% in 240 days
$27,750
5% on Occupancy
$55,500
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 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $733,000 |
| rent income | - | $17,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $340,000 |
| mortgage principal reduction | - | $7,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $140,000 |
| deposit interest | $5,000 | $3,000 | - | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $62,000 | $111,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $157,000 | $1,244,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $111,000 | $55,000 | - | - | - | - | - | - | - | - | $166,000 |
| remaining balance payment | - | $55,000 | - | - | - | - | - | - | - | - | $55,000 |
| closing cost | - | $59,000 | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | - | $7,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $129,000 |
| mortgage payment | - | $28,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $472,000 |
| total expense investment | $111,000 | $205,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $882,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$48,864 | -$93,678 | $43,000 | $48,000 | $54,000 | $59,000 | $65,000 | $72,000 | $78,000 | $85,000 | $362,000 |
| cumulative roi | $56 | $54 | $72 | $89 | $103 | $117 | $130 | $144 | $157 | $170 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 9
1—2.5 bd
591—1134 SqFt