Suite number:
508 - D-745
Project:
Address:
Toronto C08, Ontario
Developer:
Alterra
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
745 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,059,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.61%
Cumulative Return on Investment in Year 5
88.92%
Property Price at the End of Year 5
$1,366,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$53,000
5% on Occupancy
$53,000
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 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $700,000 |
| rent income | $17,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $306,000 |
| mortgage principal reduction | $9,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $162,000 |
| deposit interest | $551 | - | - | - | - | - | - | - | - | - | $551 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $106,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $138,000 | $145,000 | $1,192,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| remaining balance payment | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| closing cost | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
| operating expense | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $131,000 |
| mortgage payment | $34,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $498,000 |
| total expense investment | $329,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $67,000 | $916,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$222,564 | $35,000 | $40,000 | $44,000 | $49,000 | $55,000 | $60,000 | $66,000 | $72,000 | $78,000 | $276,000 |
| cumulative roi | $29 | $47 | $62 | $76 | $89 | $101 | $113 | $124 | $135 | $146 | $921 |
28 Eastern
Address: Toronto C08, Ontario
Price Range: $700,000 - $1,130,000
Avail. suites: 8
1.5—3 bd
537—918 SqFt