Suite number:
C4D1/C4D2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
681 sqft
Occupancy Date:
Mar 2028
Price, CAD
$713,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.90%
Cumulative Return on Investment in Year 5
102.49%
Property Price at the End of Year 5
$920,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,700
2.5% in 120 days
$17,850
2.5% in 240 days
$17,850
5% on Occupancy
$35,700
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $471,000 |
rent income | - | - | $12,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $174,000 |
mortgage principal reduction | - | - | $5,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $79,000 |
deposit interest | -$1,322 | $4,000 | $1,000 | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $36,000 | $43,000 | $83,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $752,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $71,000 | - | $36,000 | - | - | - | - | - | - | - | $107,000 |
remaining balance payment | - | - | $36,000 | - | - | - | - | - | - | - | $36,000 |
closing cost | - | - | $51,000 | - | - | - | - | - | - | - | $51,000 |
operating expense | - | - | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $74,000 |
mortgage payment | - | - | $21,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $271,000 |
total expense investment | $71,000 | - | $149,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $539,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$35,699 | $43,000 | -$65,585 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $51,000 | $213,000 |
cumulative roi | $52 | $110 | $74 | $89 | $102 | $115 | $127 | $138 | $150 | $161 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $550,000 - $825,000
Avail. suites: 10
1—3 bd
460—868 SqFt