Suite number:
527 - E-918
Project:
Address:
Toronto C08, Ontario
Developer:
Alterra
Property type:
condo
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
19.29%
Cumulative Return on Investment in Year 5
91.80%
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 | $21,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $46,000 | $377,000 |
| mortgage principal reduction | $10,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $173,000 |
| deposit interest | $585 | - | - | - | - | - | - | - | - | - | $585 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $114,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $139,000 | $146,000 | $153,000 | $161,000 | $1,320,000 |
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 | $77,000 | - | - | - | - | - | - | - | - | - | $77,000 |
| operating expense | $9,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $155,000 |
| mortgage payment | $37,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $531,000 |
| total expense investment | $349,000 | $69,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $990,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$234,794 | $41,000 | $46,000 | $51,000 | $56,000 | $62,000 | $68,000 | $74,000 | $80,000 | $87,000 | $330,000 |
| cumulative roi | $29 | $47 | $63 | $78 | $92 | $105 | $117 | $130 | $142 | $155 | $958 |
28 Eastern
Address: Toronto C08, Ontario
Price Range: $700,000 - $1,130,000
Avail. suites: 8
1.5—3 bd
537—918 SqFt