Suite number:
C4E1/C4E2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
526 sqft
Occupancy Date:
Mar 2028
Price, CAD
$598,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.77%
Cumulative Return on Investment in Year 5
103.73%
Property Price at the End of Year 5
$772,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$29,950
2.5% in 120 days
$14,975
2.5% in 240 days
$14,975
5% on Occupancy
$29,950
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $395,000 |
rent income | - | - | $11,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $161,000 |
mortgage principal reduction | - | - | $4,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $66,000 |
deposit interest | -$1,109 | $3,000 | $1,000 | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $30,000 | $36,000 | $75,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $83,000 | $649,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | - | $30,000 | - | - | - | - | - | - | - | $90,000 |
remaining balance payment | - | - | $30,000 | - | - | - | - | - | - | - | $30,000 |
closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
operating expense | - | - | $4,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $61,000 |
mortgage payment | - | - | $17,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $227,000 |
total expense investment | $60,000 | - | $131,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $457,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$29,949 | $36,000 | -$56,042 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $192,000 |
cumulative roi | $52 | $110 | $74 | $90 | $104 | $117 | $130 | $142 | $155 | $168 | $1,000 |
ClockWork 4 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $550,000 - $825,000
Avail. suites: 10
1—3 bd
460—868 SqFt