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 2026
Price, CAD
$1,109,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.44%
Cumulative Return on Investment in Year 5
100.60%
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 | - | $28,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $356,000 |
mortgage principal reduction | - | $11,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $147,000 |
deposit interest | $4,000 | $592 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $62,000 | $125,000 | $113,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $158,000 | $1,264,000 |
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 | - | $12,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $134,000 |
mortgage payment | - | $46,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $491,000 |
total expense investment | $111,000 | $228,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $906,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$49,123 | -$103,036 | $44,000 | $49,000 | $54,000 | $60,000 | $66,000 | $72,000 | $79,000 | $86,000 | $358,000 |
cumulative roi | $56 | $52 | $70 | $86 | $101 | $114 | $128 | $141 | $154 | $167 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 12
1—2.5 bd
591—1134 SqFt