Suite number:
1512 - Porto
Project:
Address:
Toronto, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
544 sqft
Occupancy Date:
Jun 2029
Price, CAD
$894,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
34.11%
Cumulative Return on Investment in Year 5
114.36%
Property Price at the End of Year 5
$1,153,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$44,750
2.5% in 366 days
$22,375
1.25% in 540 days
$11,187
1.25% in 720 days
$11,187
10% on Occupancy
$89,499
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 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $591,000 |
rent income | - | - | - | - | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $85,000 |
mortgage principal reduction | - | - | - | - | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $75,000 |
deposit interest | $2,000 | $4,000 | $5,000 | $5,000 | - | - | - | - | - | - | $16,000 |
gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
total income return | $49,000 | $53,000 | $56,000 | $59,000 | $105,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $790,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $45,000 | $45,000 | - | $89,000 | - | - | - | - | - | - | $179,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $69,000 | - | - | - | - | - | - | $69,000 |
operating expense | - | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $53,000 |
mortgage payment | - | - | - | - | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $269,000 |
total expense investment | $45,000 | $45,000 | - | $159,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $570,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $4,000 | $8,000 | $56,000 | -$99,949 | $52,000 | $31,000 | $35,000 | $40,000 | $44,000 | $49,000 | $219,000 |
cumulative roi | $109 | $114 | $176 | $93 | $114 | $123 | $130 | $137 | $144 | $151 | $1,000 |
Allure Condos
Address: Toronto, Ontario
Price Range: $808,000 - $1,350,000
Avail. suites: 39
0—3 bd
428—984 SqFt