Suite number:
S0306 - S-B2
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
725 sqft
Occupancy Date:
Mar 2027
Price, CAD
$780,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.01%
Cumulative Return on Investment in Year 5
100.19%
Property Price at the End of Year 5
$1,006,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$19,525
2.5% in 90 days
$19,525
2.5% in 180 days
$19,525
2.5% in 240 days
$19,525
5% on Occupancy
$39,050
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $515,000 |
| rent income | - | $5,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $205,000 |
| mortgage principal reduction | - | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $95,000 |
| deposit interest | $3,000 | $3,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $77,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $106,000 | $845,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $78,000 | $39,000 | - | - | - | - | - | - | - | - | $117,000 |
| remaining balance payment | - | $39,000 | - | - | - | - | - | - | - | - | $39,000 |
| closing cost | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | $2,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $88,000 |
| mortgage payment | - | $10,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $323,000 |
| total expense investment | $78,000 | $143,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $619,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$34,358 | -$65,712 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $226,000 |
| cumulative roi | $56 | $56 | $73 | $87 | $100 | $112 | $124 | $135 | $147 | $158 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 9
1—2.5 bd
591—1134 SqFt