Suite number:
2909A
Project:
Address:
Toronto W02, Ontario
Developer:
Almadev
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
753 sqft
Occupancy Date:
Jan 2024
Price, CAD
$919,900
Available
ROI
15,26%
Monthly Expenses
- condo fees— $452
- property taxes— $230
- property management— $113
- repairs and maintenance— $56
Total: $851
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.66%
Cumulative Return on Investment in Year 5
148.02%
Property Price at the End of Year 5
$1,185,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$22,998
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $607,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $22,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $159,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $70,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $766,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $461,000 |
| total expense investment | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $461,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $24,000 | $17,000 | $20,000 | $23,000 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $305,000 |
| cumulative roi | $152 | $144 | $144 | $145 | $148 | $151 | $154 | $158 | $162 | $166 | $2,000 |
Galleria 01
Address: Toronto W02, Ontario
Price Range: $600,000 - $1,150,000
Avail. suites: 9
1—3.5 bd
496—1108 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.