Suite number:
Resilient 901
Project:
Address:
Toronto, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1366 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,434,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.96%
Cumulative Return on Investment in Year 5
122.62%
Property Price at the End of Year 5
$1,849,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$71,745
5% on Occupancy
$71,745
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 | $75,000 | $78,000 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $118,000 | $947,000 |
rent income | $40,000 | $49,000 | $52,000 | $54,000 | $56,000 | $58,000 | $61,000 | $64,000 | $66,000 | $69,000 | $569,000 |
mortgage principal reduction | $15,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $217,000 |
deposit interest | $21 | - | - | - | - | - | - | - | - | - | $21 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $153,000 | $146,000 | $153,000 | $161,000 | $169,000 | $177,000 | $185,000 | $194,000 | $204,000 | $214,000 | $1,757,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | $143,000 | - | - | - | - | - | - | - | - | - | $143,000 |
closing cost | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
operating expense | $17,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $219,000 |
mortgage payment | $60,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $707,000 |
total expense investment | $316,000 | $92,000 | $93,000 | $93,000 | $94,000 | $94,000 | $95,000 | $95,000 | $96,000 | $96,000 | $1,165,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$162,829 | $54,000 | $61,000 | $68,000 | $75,000 | $83,000 | $91,000 | $99,000 | $108,000 | $117,000 | $592,000 |
cumulative roi | $42 | $67 | $88 | $106 | $123 | $138 | $154 | $169 | $185 | $201 | $1,000 |
Warehouse Lofts
Address: Toronto, Ontario
Price Range: $1,435,000 - $1,970,000
Avail. suites: 7
2—3 bd
1366—1674 SqFt