Suite number:
1119 - Sheppard 392
Project:
Address:
Toronto, 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
18.22%
Cumulative Return on Investment in Year 5
89.14%
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
7.5% on Occupancy
$44,174
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 | - | $2,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $87,000 |
| mortgage principal reduction | - | $1,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $71,000 |
| deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $61,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $576,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $59,000 | $59,000 | - | - | - | - | - | - | - | - | $118,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $57,000 | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | - | $977 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $52,000 |
| mortgage payment | - | $5,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $241,000 |
| total expense investment | $59,000 | $122,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $468,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$25,954 | -$60,372 | $15,000 | $17,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $35,000 | $108,000 |
| cumulative roi | $56 | $54 | $68 | $79 | $89 | $98 | $107 | $115 | $123 | $131 | $919 |
Express 2 Condos
Address: Toronto, Ontario
Price Range: $589,000 - $882,000
Avail. suites: 36
1—2 bd
392—716 SqFt