Suite number:
1903 (North Tower)
Project:
Address:
Toronto, Ontario
Developer:
Concord Adex
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
490 sqft
Occupancy Date:
Jan 2026
Price, CAD
$579,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.92%
Cumulative Return on Investment in Year 5
83.80%
Property Price at the End of Year 5
$747,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$28,995
10% on Occupancy
$57,990
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 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $383,000 |
rent income | $951 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $124,000 |
mortgage principal reduction | $584 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $79,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $74,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $611,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $87,000 | - | - | - | - | - | - | - | - | - | $87,000 |
remaining balance payment | $29,000 | - | - | - | - | - | - | - | - | - | $29,000 |
closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
operating expense | $576 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $69,000 |
mortgage payment | $2,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $264,000 |
total expense investment | $176,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $505,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$142,702 | $38,000 | $17,000 | $19,000 | $22,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $106,000 |
cumulative roi | $18 | $48 | $62 | $73 | $84 | $94 | $103 | $112 | $120 | $129 | $843 |
King's Landing
Address: Toronto, Ontario
Price Range: $479,000 - $884,000
Avail. suites: 17
0—3 bd
315—1238 SqFt