Suite number:
S0410 - S-B
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
672 sqft
Occupancy Date:
Mar 2026
$760,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.33%
Cumulative Return on Investment in Year 5
102.17%
Property Price at the End of Year 5
$980,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$19,025
2.5% in 90 days
$19,025
2.5% in 180 days
$19,025
2.5% in 240 days
$19,025
5% on Occupancy
$38,050
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $502,000 |
rent income | - | $13,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $201,000 |
mortgage principal reduction | - | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $109,000 |
deposit interest | $3,000 | $1,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $43,000 | $87,000 | $75,000 | $79,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $841,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $76,000 | $38,000 | - | - | - | - | - | - | - | - | $114,000 |
remaining balance payment | - | $38,000 | - | - | - | - | - | - | - | - | $38,000 |
closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
operating expense | - | $6,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $90,000 |
mortgage payment | - | $23,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $302,000 |
total expense investment | $76,000 | $156,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $47,000 | $595,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$33,491 | -$69,120 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $49,000 | $53,000 | $58,000 | $246,000 |
cumulative roi | $56 | $55 | $72 | $88 | $102 | $115 | $128 | $141 | $153 | $165 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $761,000 - $903,000
Avail. suites: 11
1—2.5 bd
591—1134 SqFt