Suite number:
315 - 3B (Podium)
Project:
Address:
Toronto E02, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1094 sqft
Occupancy Date:
Oct 2023
Price, CAD
$1,263,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.85%
Cumulative Return on Investment in Year 5
154.84%
Property Price at the End of Year 5
$1,628,000
Deposit Schedule
$5 at Signing
Total up to 6% in 10089 days
$75,839
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 | $66,000 | $69,000 | $73,000 | $77,000 | $80,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $834,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $35,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $229,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $100,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $117,000 | $123,000 | $129,000 | $1,063,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $615,000 |
| total expense investment | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $615,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $39,000 | $26,000 | $30,000 | $35,000 | $40,000 | $45,000 | $50,000 | $56,000 | $62,000 | $68,000 | $448,000 |
| cumulative roi | $163 | $152 | $151 | $152 | $155 | $158 | $161 | $165 | $169 | $173 | $2,000 |
The Reserve Collection
Address: Toronto E02, Ontario
Price Range: $911,000 - $1,372,000
Avail. suites: 6
1.5—3 bd
627—1198 SqFt