Suite number:
S0802 - S-A3
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
803 sqft
Occupancy Date:
Mar 2027
Price, CAD
$907,990
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
103.61%
Property Price at the End of Year 5
$1,170,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$22,700
2.5% in 90 days
$22,700
2.5% in 180 days
$22,700
2.5% in 240 days
$22,700
5% on Occupancy
$45,400
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 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $599,000 |
| rent income | - | $9,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $274,000 |
| mortgage principal reduction | - | $4,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $112,000 |
| deposit interest | $4,000 | $3,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $51,000 | $89,000 | $92,000 | $97,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $1,016,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $91,000 | $45,000 | - | - | - | - | - | - | - | - | $136,000 |
| remaining balance payment | - | $45,000 | - | - | - | - | - | - | - | - | $45,000 |
| closing cost | - | $55,000 | - | - | - | - | - | - | - | - | $55,000 |
| operating expense | - | $4,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $104,000 |
| mortgage payment | - | $15,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $379,000 |
| total expense investment | $91,000 | $165,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $719,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$40,012 | -$75,427 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $58,000 | $64,000 | $70,000 | $297,000 |
| cumulative roi | $56 | $55 | $73 | $89 | $104 | $117 | $131 | $144 | $157 | $170 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 9
1—2.5 bd
591—1134 SqFt