Suite number:
201 - Silver Lake
Project:
Address:
St. Catharines, Ontario
Developer:
Valour Group
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
1193 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,109,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.32%
Cumulative Return on Investment in Year 5
104.07%
Property Price at the End of Year 5
$1,430,000
Deposit Schedule
$5,000 at Signing
Total up to 0% in 30 days
$5,000
2.5% in 60 days
$27,750
2.5% on Occupancy
$27,750
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 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $733,000 |
| rent income | - | $31,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $432,000 |
| mortgage principal reduction | - | $10,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $145,000 |
| deposit interest | $3,000 | $740 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $60,000 | $127,000 | $121,000 | $127,000 | $133,000 | $140,000 | $146,000 | $153,000 | $161,000 | $169,000 | $1,337,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
| remaining balance payment | - | $161,000 | - | - | - | - | - | - | - | - | $161,000 |
| closing cost | - | $59,000 | - | - | - | - | - | - | - | - | $59,000 |
| operating expense | - | $13,000 | $18,000 | $19,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $21,000 | $171,000 |
| mortgage payment | - | $42,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $486,000 |
| total expense investment | $60,000 | $276,000 | $74,000 | $74,000 | $75,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $938,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$275 | -$148,792 | $47,000 | $53,000 | $59,000 | $65,000 | $71,000 | $77,000 | $84,000 | $92,000 | $399,000 |
| cumulative roi | $100 | $52 | $71 | $88 | $104 | $119 | $135 | $150 | $165 | $181 | $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