Suite number:
420 - C3I2
Address:
Oakville, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
780 sqft
Occupancy Date:
Jun 2026
Price, CAD
$654,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.96%
Cumulative Return on Investment in Year 5
97.44%
Property Price at the End of Year 5
$844,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$16,375
2.5% in 120 days
$16,375
5% on Occupancy
$32,750
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $432,000 |
rent income | $2,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $247,000 |
mortgage principal reduction | $659 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $90,000 |
deposit interest | $892 | - | - | - | - | - | - | - | - | - | $892 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $37,000 | $91,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $794,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
remaining balance payment | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
operating expense | $846 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $101,000 |
mortgage payment | $3,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $298,000 |
total expense investment | $185,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $580,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$147,238 | $48,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $53,000 | $214,000 |
cumulative roi | $20 | $52 | $68 | $83 | $97 | $111 | $125 | $138 | $151 | $165 | $1,000 |
ClockWork 3 at Upper Joshua Creek
Address: Oakville, Ontario
Price Range: $613,000 - $849,000
Avail. suites: 12
1—3 bd
483—876 SqFt