Suite number:
Balmu-1
Project:
Address:
Toronto C02, Ontario
Developer:
Great Gulf
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1326 sqft
Occupancy Date:
Aug 2023
Price, CAD
$2,899,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.78%
Cumulative Return on Investment in Year 5
150.70%
Property Price at the End of Year 5
$3,736,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 9999 days
$145,000
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 | $150,000 | $159,000 | $167,000 | $176,000 | $185,000 | $194,000 | $204,000 | $215,000 | $226,000 | $238,000 | $1,914,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $86,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $58,000 | $525,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $237,000 | $199,000 | $209,000 | $220,000 | $231,000 | $243,000 | $255,000 | $268,000 | $282,000 | $296,000 | $2,438,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $1,452,000 |
| total expense investment | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $145,000 | $1,452,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $91,000 | $53,000 | $64,000 | $74,000 | $86,000 | $97,000 | $110,000 | $123,000 | $137,000 | $151,000 | $986,000 |
| cumulative roi | $163 | $150 | $148 | $149 | $151 | $153 | $157 | $160 | $164 | $168 | $2,000 |
8 Cumberland Condo
Address: Toronto C02, Ontario
Price Range: $1,250,000 - $2,900,000
Avail. suites: 6
0—3 bd
399—1845 SqFt