Suite number:
S0216 - S-B
Project:
Address:
Oakville, Ontario
Developer:
Castleridge Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
672 sqft
Occupancy Date:
Mar 2027
Price, CAD
$750,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.60%
Cumulative Return on Investment in Year 5
98.64%
Property Price at the End of Year 5
$968,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$18,775
2.5% in 90 days
$18,775
2.5% in 180 days
$18,775
2.5% in 240 days
$18,775
5% on Occupancy
$37,550
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $496,000 |
| rent income | - | $7,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $192,000 |
| mortgage principal reduction | - | $3,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $93,000 |
| deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $42,000 | $77,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $810,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $75,000 | $38,000 | - | - | - | - | - | - | - | - | $113,000 |
| remaining balance payment | - | $38,000 | - | - | - | - | - | - | - | - | $38,000 |
| closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | $3,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $83,000 |
| mortgage payment | - | $13,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $313,000 |
| total expense investment | $75,000 | $143,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $599,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$33,093 | -$65,715 | $26,000 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $49,000 | $53,000 | $211,000 |
| cumulative roi | $56 | $55 | $72 | $86 | $99 | $111 | $122 | $133 | $144 | $155 | $1,000 |
Gemini Condos
Address: Oakville, Ontario
Price Range: $751,000 - $1,110,000
Avail. suites: 9
1—2.5 bd
591—1134 SqFt