Suite number:
508 - D-745
Project:
Address:
Toronto C08, Ontario
Developer:
Alterra
Property type:
condo
Floor plan:
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
18.08%
Cumulative Return on Investment in Year 5
86.73%
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 | $22,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $310,000 |
| mortgage principal reduction | $11,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $160,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $112,000 | $99,000 | $103,000 | $108,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $145,000 | $1,194,000 |
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 | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| operating expense | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $120,000 |
| mortgage payment | $44,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $522,000 |
| total expense investment | $341,000 | $64,000 | $65,000 | $65,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $930,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$229,711 | $34,000 | $39,000 | $44,000 | $49,000 | $54,000 | $60,000 | $65,000 | $72,000 | $78,000 | $264,000 |
| cumulative roi | $28 | $46 | $61 | $74 | $87 | $99 | $110 | $121 | $132 | $143 | $901 |
28 Eastern
Address: Toronto C08, Ontario
Price Range: $700,000 - $1,130,000
Avail. suites: 8
1.5—3 bd
537—918 SqFt