Suite number:
The Bennett (Penthouse and Lower Penthouse Suites)
Project:
Address:
Toronto C03, Ontario
Developer:
The Sher Corporation
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1251 sqft
Occupancy Date:
Aug 2024
Price, CAD
$2,999,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.63%
Cumulative Return on Investment in Year 5
149.81%
Property Price at the End of Year 5
$3,865,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$150,000
5% in 0 days
$150,000
5% on Occupancy
$150,000
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 | $156,000 | $164,000 | $173,000 | $182,000 | $191,000 | $201,000 | $211,000 | $222,000 | $234,000 | $246,000 | $1,980,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $52,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $498,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $208,000 | $205,000 | $216,000 | $227,000 | $238,000 | $250,000 | $263,000 | $276,000 | $290,000 | $305,000 | $2,478,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $1,459,000 |
| total expense investment | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $146,000 | $1,459,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $62,000 | $59,000 | $70,000 | $81,000 | $92,000 | $104,000 | $117,000 | $130,000 | $144,000 | $159,000 | $1,018,000 |
| cumulative roi | $142 | $141 | $144 | $146 | $150 | $153 | $157 | $161 | $165 | $170 | $2,000 |
UOVO Boutique Residences
Address: Toronto C03, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt