Suite number:
527 - E-918
Project:
Address:
Toronto C08, Ontario
Developer:
Alterra
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
918 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,129,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.78%
Cumulative Return on Investment in Year 5
89.72%
Property Price at the End of Year 5
$1,456,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$56,500
5% on Occupancy
$56,500
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 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $746,000 |
| rent income | $27,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $382,000 |
| mortgage principal reduction | $12,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $171,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $121,000 | $110,000 | $115,000 | $120,000 | $126,000 | $133,000 | $139,000 | $146,000 | $153,000 | $160,000 | $1,323,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $113,000 | - | - | - | - | - | - | - | - | - | $113,000 |
| remaining balance payment | $113,000 | - | - | - | - | - | - | - | - | - | $113,000 |
| closing cost | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
| operating expense | $11,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $142,000 |
| mortgage payment | $47,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $556,000 |
| total expense investment | $363,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $1,003,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$241,732 | $40,000 | $45,000 | $50,000 | $56,000 | $61,000 | $68,000 | $74,000 | $81,000 | $88,000 | $320,000 |
| cumulative roi | $28 | $46 | $62 | $76 | $90 | $103 | $115 | $127 | $140 | $152 | $940 |
28 Eastern
Address: Toronto C08, Ontario
Price Range: $700,000 - $1,130,000
Avail. suites: 8
1.5—3 bd
537—918 SqFt