Suite number:
C4H1/C4H2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
804 sqft
Occupancy Date:
Sep 2027
$860,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.10%
Cumulative Return on Investment in Year 5
120.14%
Property Price at the End of Year 5
$1,108,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$43,000
2.5% in 120 days
$21,500
2.5% in 240 days
$21,500
5% on Occupancy
$43,000
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 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $568,000 |
rent income | - | - | $5,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $231,000 |
mortgage principal reduction | - | - | $2,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $99,000 |
deposit interest | $4,000 | $4,000 | $4,000 | - | - | - | - | - | - | - | $12,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $48,000 | $52,000 | $84,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $933,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $86,000 | - | $43,000 | - | - | - | - | - | - | - | $129,000 |
remaining balance payment | - | - | $43,000 | - | - | - | - | - | - | - | $43,000 |
closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
operating expense | - | - | $2,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $88,000 |
mortgage payment | - | - | $7,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $282,000 |
total expense investment | $86,000 | - | $147,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $53,000 | $53,000 | $596,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$37,852 | $52,000 | -$63,283 | $42,000 | $46,000 | $50,000 | $55,000 | $60,000 | $64,000 | $70,000 | $337,000 |
cumulative roi | $56 | $116 | $83 | $103 | $120 | $137 | $153 | $168 | $184 | $200 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $490,000 - $880,000
Avail. suites: 12
1—3 bd
460—868 SqFt