Suite number:
222
Project:
Address:
Grimsby, Ontario
Developer:
DeSantis Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
810 sqft
Occupancy Date:
Mar 2026
Price, CAD
$808,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.71%
Cumulative Return on Investment in Year 5
100.42%
Property Price at the End of Year 5
$1,042,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 180 days
$80,899
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 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $534,000 |
| rent income | $16,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $327,000 |
| mortgage principal reduction | $6,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $118,000 |
| deposit interest | $106 | - | - | - | - | - | - | - | - | - | $106 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $88,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $1,003,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
| remaining balance payment | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
| closing cost | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $106,000 |
| mortgage payment | $24,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $388,000 |
| total expense investment | $244,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $709,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$156,046 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $59,000 | $64,000 | $69,000 | $295,000 |
| cumulative roi | $32 | $51 | $69 | $85 | $100 | $116 | $131 | $146 | $162 | $178 | $1,000 |
Century Condos
Address: Grimsby, Ontario
Price Range: $574,000 - $1,250,000
Avail. suites: 17
1—3 bd
490—1310 SqFt