Suite number:
401
Project:
Address:
Grimsby, Ontario
Developer:
DeSantis Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
490 sqft
Occupancy Date:
Mar 2026
Price, CAD
$605,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.41%
Cumulative Return on Investment in Year 5
86.12%
Property Price at the End of Year 5
$781,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 180 days
$60,599
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 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $400,000 |
| rent income | $4,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $128,000 |
| mortgage principal reduction | $2,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $86,000 |
| deposit interest | $451 | - | - | - | - | - | - | - | - | - | $451 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $62,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $77,000 | $639,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
| remaining balance payment | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $2,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $60,000 |
| mortgage payment | $10,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $283,000 |
| total expense investment | $182,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $513,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$120,199 | $16,000 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $125,000 |
| cumulative roi | $33 | $49 | $63 | $75 | $86 | $96 | $106 | $115 | $124 | $133 | $882 |
Century Condos
Address: Grimsby, Ontario
Price Range: $574,000 - $1,250,000
Avail. suites: 17
1—3 bd
490—1310 SqFt