Suite number:
3208 (Newport)
Project:
Address:
Toronto W06, Ontario
Developer:
The Conservatory Group
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
642 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,004,400
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.19%
Cumulative Return on Investment in Year 5
82.96%
Property Price at the End of Year 5
$1,294,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 10269 days
$150,660
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $663,000 |
| rent income | $17,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $226,000 |
| mortgage principal reduction | $12,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $158,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $105,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $1,072,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $151,000 | - | - | - | - | - | - | - | - | - | $151,000 |
| remaining balance payment | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
| operating expense | $9,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $115,000 |
| mortgage payment | $45,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $484,000 |
| total expense investment | $327,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $873,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$221,861 | $29,000 | $33,000 | $37,000 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $199,000 |
| cumulative roi | $29 | $45 | $59 | $72 | $83 | $93 | $103 | $113 | $122 | $131 | $851 |
Water's Edge at The Cove
Address: Toronto W06, Ontario
Price Range: $778,000 - $2,585,000
Avail. suites: 19
1—3 bd
466—1477 SqFt