Suite number:
1119 - Sheppard 392
Project:
Address:
Toronto C06, Ontario
Developer:
Malibu Investments Inc.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
392 sqft
Occupancy Date:
Mar 2027
Price, CAD
$588,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.12%
Cumulative Return on Investment in Year 5
93.13%
Property Price at the End of Year 5
$759,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$29,450
5% in 120 days
$29,450
2.5% in 600 days
$14,725
2.5% in 730 days
$14,725
5% on Occupancy
$29,450
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 | $32,000 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $389,000 |
rent income | - | - | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $82,000 |
mortgage principal reduction | - | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $66,000 |
deposit interest | $2,000 | $3,000 | $1,000 | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $36,000 | $71,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $568,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $59,000 | $15,000 | $44,000 | - | - | - | - | - | - | - | $118,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $57,000 | - | - | - | - | - | - | - | $57,000 |
operating expense | - | - | $4,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $49,000 |
mortgage payment | - | - | $22,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $229,000 |
total expense investment | $59,000 | $15,000 | $128,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $452,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$26,312 | $21,000 | -$56,396 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $116,000 |
cumulative roi | $55 | $93 | $71 | $83 | $93 | $102 | $111 | $119 | $127 | $134 | $988 |
Express 2 Condos
Address: Toronto C06, Ontario
Price Range: $589,000 - $882,000
Avail. suites: 36
1—2 bd
392—716 SqFt