Suite number:
104 - Lake Terrace
Project:
Address:
St. Catharines, Ontario
Developer:
Valour Group
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
2.5
Size:
1441 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,376,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.57%
Cumulative Return on Investment in Year 5
104.00%
Property Price at the End of Year 5
$1,774,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 60 days
$34,425
2.5% on Occupancy
$34,425
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 | $71,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $909,000 |
| rent income | - | $38,000 | $52,000 | $54,000 | $57,000 | $59,000 | $61,000 | $64,000 | $67,000 | $70,000 | $521,000 |
| mortgage principal reduction | - | $13,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $180,000 |
| deposit interest | $3,000 | $903 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $75,000 | $151,000 | $149,000 | $156,000 | $164,000 | $171,000 | $180,000 | $189,000 | $198,000 | $207,000 | $1,638,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
| remaining balance payment | - | $202,000 | - | - | - | - | - | - | - | - | $202,000 |
| closing cost | - | $65,000 | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | - | $16,000 | $22,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $207,000 |
| mortgage payment | - | $52,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $603,000 |
| total expense investment | $74,000 | $334,000 | $91,000 | $91,000 | $92,000 | $93,000 | $93,000 | $94,000 | $94,000 | $95,000 | $1,150,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $799 | -$183,346 | $58,000 | $65,000 | $72,000 | $79,000 | $87,000 | $95,000 | $103,000 | $112,000 | $488,000 |
| cumulative roi | $101 | $52 | $71 | $88 | $104 | $119 | $134 | $149 | $164 | $180 | $1,000 |
The Harbour Club
Address: St. Catharines, Ontario
Price Range: $643,000 - $3,425,000
Avail. suites: 56
1—3 bd
668—3071 SqFt