Suite number:
1014 sq. ft. (Starting Level 503)
Project:
Address:
Toronto C08, Ontario
Developer:
Minto Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1014 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,235,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.15%
Cumulative Return on Investment in Year 5
91.34%
Property Price at the End of Year 5
$1,592,000
Deposit Schedule
$10,000 at Signing
Total up to $61,800 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 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $816,000 |
| rent income | $33,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $429,000 |
| mortgage principal reduction | $15,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $195,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $135,000 | $121,000 | $127,000 | $133,000 | $140,000 | $146,000 | $154,000 | $161,000 | $169,000 | $177,000 | $1,463,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $62,000 | - | - | - | - | - | - | - | - | - | $62,000 |
| remaining balance payment | $185,000 | - | - | - | - | - | - | - | - | - | $185,000 |
| closing cost | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
| operating expense | $14,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $20,000 | $175,000 |
| mortgage payment | $55,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $596,000 |
| total expense investment | $398,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $79,000 | $79,000 | $80,000 | $80,000 | $1,100,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$262,365 | $45,000 | $51,000 | $56,000 | $62,000 | $69,000 | $75,000 | $82,000 | $89,000 | $97,000 | $364,000 |
| cumulative roi | $28 | $47 | $63 | $78 | $91 | $104 | $117 | $130 | $142 | $155 | $956 |
The Saint
Address: Toronto C08, Ontario
Price Range: $1,160,000 - $1,400,000
Avail. suites: 9
0—3 bd
380—1014 SqFt