Suite number:
844 sq. ft. (Starting Level 608)
Project:
Address:
Toronto C08, Ontario
Developer:
Minto Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
844 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,167,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.69%
Cumulative Return on Investment in Year 5
84.63%
Property Price at the End of Year 5
$1,505,000
Deposit Schedule
$10,000 at Signing
Total up to $58,400 in 10029 days
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 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $771,000 |
| rent income | $23,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $298,000 |
| mortgage principal reduction | $14,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $184,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $121,000 | $105,000 | $110,000 | $116,000 | $121,000 | $127,000 | $134,000 | $140,000 | $147,000 | $154,000 | $1,276,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $58,000 | - | - | - | - | - | - | - | - | - | $58,000 |
| remaining balance payment | $175,000 | - | - | - | - | - | - | - | - | - | $175,000 |
| closing cost | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
| operating expense | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $145,000 |
| mortgage payment | $52,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $563,000 |
| total expense investment | $376,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $1,021,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$254,956 | $35,000 | $40,000 | $45,000 | $50,000 | $56,000 | $62,000 | $68,000 | $74,000 | $81,000 | $256,000 |
| cumulative roi | $28 | $45 | $60 | $73 | $85 | $96 | $106 | $116 | $126 | $136 | $871 |
The Saint
Address: Toronto C08, Ontario
Price Range: $1,160,000 - $1,400,000
Avail. suites: 9
0—3 bd
380—1014 SqFt