Suite number:
304
Project:
Address:
Toronto C02, Ontario
Developer:
North Drive
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
2512 sqft
Occupancy Date:
Jun 2025
Price, CAD
$6,280,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.84%
Cumulative Return on Investment in Year 5
76.20%
Property Price at the End of Year 5
$8,091,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 30 days
$314,000
5% in 90 days
$314,000
10% on Occupancy
$628,000
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 | $326,000 | $343,000 | $361,000 | $380,000 | $400,000 | $421,000 | $443,000 | $466,000 | $490,000 | $515,000 | $4,145,000 |
| rent income | $43,000 | $75,000 | $79,000 | $82,000 | $85,000 | $89,000 | $93,000 | $97,000 | $101,000 | $105,000 | $850,000 |
| mortgage principal reduction | $45,000 | $80,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $918,000 |
| deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $441,000 | $499,000 | $523,000 | $550,000 | $577,000 | $606,000 | $637,000 | $668,000 | $702,000 | $737,000 | $5,940,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $1,256,000 | - | - | - | - | - | - | - | - | - | $1,256,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $327,000 | - | - | - | - | - | - | - | - | - | $327,000 |
| operating expense | $35,000 | $61,000 | $62,000 | $64,000 | $65,000 | $67,000 | $68,000 | $70,000 | $71,000 | $73,000 | $635,000 |
| mortgage payment | $183,000 | $314,000 | $314,000 | $314,000 | $314,000 | $314,000 | $314,000 | $314,000 | $314,000 | $314,000 | $3,014,000 |
| total expense investment | $1,802,000 | $376,000 | $377,000 | $378,000 | $380,000 | $381,000 | $383,000 | $384,000 | $386,000 | $387,000 | $5,232,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,361,305 | $123,000 | $147,000 | $171,000 | $198,000 | $225,000 | $254,000 | $284,000 | $316,000 | $350,000 | $708,000 |
| cumulative roi | $23 | $40 | $54 | $66 | $76 | $85 | $94 | $102 | $109 | $117 | $767 |
10 Prince Arthur
Address: Toronto C02, Ontario
Price Range: $5,590,000 - $6,890,000
Avail. suites: 6
2—3.5 bd
1428—9020 SqFt