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
23.27%
Cumulative Return on Investment in Year 5
103.15%
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 | - | - | - | $4,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $90,000 |
mortgage principal reduction | - | - | - | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $80,000 |
deposit interest | -$6,123 | $4,000 | $5,000 | $3,000 | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $53,000 | $56,000 | $89,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $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 | - | - | - | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $56,000 |
mortgage payment | - | - | - | $15,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $284,000 |
total expense investment | $45,000 | $45,000 | - | $176,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $588,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$4,466 | $8,000 | $56,000 | -$87,510 | $28,000 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $202,000 |
cumulative roi | $104 | $107 | $167 | $93 | $103 | $112 | $121 | $128 | $136 | $143 | $1,000 |
Allure Condos
Address: Toronto, Ontario
Price Range: $776,000 - $1,350,000
Avail. suites: 40
0—3 bd
428—984 SqFt