Suite number:
S0309 - S-A2
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
790 sqft
Occupancy Date:
Mar 2027
Price, CAD
$961,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.97%
Cumulative Return on Investment in Year 5
103.12%
Property Price at the End of Year 5
$1,239,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$24,050
2.5% in 90 days
$24,050
2.5% in 180 days
$24,050
2.5% in 240 days
$24,050
5% on Occupancy
$48,100
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 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $635,000 |
| rent income | - | $7,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $267,000 |
| mortgage principal reduction | - | $3,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $117,000 |
| deposit interest | $4,000 | $3,000 | - | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $54,000 | $90,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $1,050,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $96,000 | $48,000 | - | - | - | - | - | - | - | - | $144,000 |
| remaining balance payment | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
| closing cost | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | - | $3,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $103,000 |
| mortgage payment | - | $12,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $397,000 |
| total expense investment | $96,000 | $167,000 | $60,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $749,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$42,326 | -$77,410 | $36,000 | $40,000 | $45,000 | $49,000 | $55,000 | $60,000 | $66,000 | $71,000 | $301,000 |
| cumulative roi | $56 | $56 | $73 | $89 | $103 | $116 | $129 | $141 | $154 | $166 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 9
1—2.5 bd
591—1134 SqFt