Suite number:
C1
Project:
Address:
Toronto W07, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
660 sqft
Occupancy Date:
Jan 2025
Price, CAD
$779,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.82%
Cumulative Return on Investment in Year 5
87.55%
Property Price at the End of Year 5
$1,004,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$38,950
5% on Occupancy
$38,950
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $514,000 |
| rent income | $18,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $233,000 |
| mortgage principal reduction | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $123,000 |
| deposit interest | -$67 | - | - | - | - | - | - | - | - | - | -$67 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $91,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $894,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| remaining balance payment | $78,000 | - | - | - | - | - | - | - | - | - | $78,000 |
| closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
| operating expense | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $101,000 |
| mortgage payment | $35,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $376,000 |
| total expense investment | $262,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $50,000 | $695,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$170,483 | $26,000 | $29,000 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $53,000 | $58,000 | $198,000 |
| cumulative roi | $30 | $47 | $62 | $75 | $88 | $99 | $111 | $122 | $133 | $144 | $910 |
Reina Condos
Address: Toronto W07, Ontario
Price Range: $595,000 - $1,545,000
Avail. suites: 15
1—3.5 bd
520—1485 SqFt