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:
Mar 2028
Price, CAD
$821,990
Available
ROI
13,68%
Monthly Expenses
- condo fees— $375
- property taxes— $205
- property management— $65
- repairs and maintenance— $33
Total: $679
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.77%
Cumulative Return on Investment in Year 5
108.12%
Property Price at the End of Year 5
$1,060,000
Deposit Schedule
$10,000 at Signing
Total up to 2.5% in 30 days
$20,550
2.5% in 90 days
$20,550
2.5% in 200 days
$20,550
2.5% in 400 days
$20,550
2.5% in 800 days
$20,550
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $543,000 |
rent income | - | - | - | $11,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $98,000 |
mortgage principal reduction | - | - | - | $8,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $80,000 |
deposit interest | $2,000 | $5,000 | $7,000 | $3,000 | - | - | - | - | - | - | $18,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $46,000 | $50,000 | $55,000 | $96,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $764,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $62,000 | $21,000 | $21,000 | $62,000 | - | - | - | - | - | - | $164,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $66,000 | - | - | - | - | - | - | $66,000 |
operating expense | - | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $59,000 |
mortgage payment | - | - | - | $34,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $281,000 |
total expense investment | $62,000 | $21,000 | $21,000 | $169,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $571,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$16,118 | $30,000 | $34,000 | -$72,810 | $27,000 | $30,000 | $34,000 | $38,000 | $42,000 | $47,000 | $192,000 |
cumulative roi | $74 | $116 | $146 | $98 | $108 | $117 | $125 | $133 | $140 | $147 | $1,000 |
Allure Condos
Address: Toronto, Ontario
Price Range: $740,000 - $1,330,000
Avail. suites: 26
0—3 bd
428—954 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.