Suite number:
1106
Project:
Address:
St. Catharines, Ontario
Developer:
Elite Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
480 sqft
Occupancy Date:
Jan 2027
Price, CAD
$433,888
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.06%
Cumulative Return on Investment in Year 5
116.70%
Property Price at the End of Year 5
$559,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$16,694
2.5% in 120 days
$10,847
2.5% in 150 days
$10,847
2.5% in 550 days
$10,847
2.5% in 720 days
$10,847
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 | $22,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $286,000 |
| rent income | - | - | $11,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $149,000 |
| mortgage principal reduction | - | - | $4,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $54,000 |
| deposit interest | $2,000 | $4,000 | $985 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $24,000 | $28,000 | $65,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $520,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | $22,000 | $22,000 | - | - | - | - | - | - | - | $87,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $44,000 | - | - | - | - | - | - | - | $44,000 |
| operating expense | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $58,000 |
| mortgage payment | - | - | $13,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $152,000 |
| total expense investment | $43,000 | $22,000 | $84,000 | $27,000 | $27,000 | $27,000 | $27,000 | $28,000 | $28,000 | $28,000 | $341,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$19,081 | $6,000 | -$18,389 | $23,000 | $25,000 | $27,000 | $30,000 | $32,000 | $35,000 | $38,000 | $179,000 |
| cumulative roi | $56 | $80 | $82 | $100 | $117 | $133 | $150 | $167 | $184 | $202 | $1,000 |
88 James is a striking new residence that will offer affordable condo life in Downtown St. Catharines. Enjoy sleek and stylish living in the heart of the city, which offers an exciting urban environment boasting boutiques, culture, cafes, entertainme...
Address: St. Catharines, Ontario
Price Range: $378,000 - $629,000
Avail. suites: 143
0—2.5 bd
345—762 SqFt