Suite number:
The Bennett (Penthouse and Lower Penthouse Suites)
Project:
Address:
Toronto, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1251 sqft
Occupancy Date:
Mar 2025
Price, CAD
$2,999,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.19%
Cumulative Return on Investment in Year 5
103.00%
Property Price at the End of Year 5
$3,865,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in -287 days
$150,000
5% in -196 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 | $1,981,000 |
| rent income | $36,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $58,000 | $61,000 | $63,000 | $521,000 |
| mortgage principal reduction | $31,000 | $39,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $453,000 |
| deposit interest | $7,000 | - | - | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $254,000 | $248,000 | $260,000 | $273,000 | $287,000 | $301,000 | $316,000 | $332,000 | $348,000 | $366,000 | $2,986,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $150,000 | - | - | - | - | - | - | - | - | - | $150,000 |
| remaining balance payment | $150,000 | - | - | - | - | - | - | - | - | - | $150,000 |
| closing cost | $163,000 | - | - | - | - | - | - | - | - | - | $163,000 |
| operating expense | $20,000 | $24,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $27,000 | $28,000 | $29,000 | $256,000 |
| mortgage payment | $125,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $1,477,000 |
| total expense investment | $608,000 | $174,000 | $175,000 | $175,000 | $176,000 | $177,000 | $177,000 | $178,000 | $178,000 | $179,000 | $2,197,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$353,998 | $74,000 | $85,000 | $98,000 | $111,000 | $125,000 | $139,000 | $154,000 | $170,000 | $187,000 | $789,000 |
| cumulative roi | $39 | $62 | $78 | $92 | $103 | $113 | $123 | $132 | $140 | $149 | $1,000 |
UOVO Boutique Residences
Address: Toronto, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt