Suite number:
1168
Project:
Address:
Toronto, Ontario
Developer:
By Burnac
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1168 sqft
Occupancy Date:
Mar 2027
Price, CAD
$2,499,900
Available
ROI
12,44%
Monthly Expenses
- condo fees— $1,343
- property taxes— $625
- property management— $175
- repairs and maintenance— $88
Total: $2,231
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.76%
Cumulative Return on Investment in Year 5
93.36%
Property Price at the End of Year 5
$3,221,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 30 days
$124,995
5% in 180 days
$124,995
5% in 540 days
$124,995
10% on Occupancy
$249,990
Net Gain (Loss)
- Net Gain Loss
Get Expert Advice
Property Price Appreciation
- 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 | $130,000 | $137,000 | $144,000 | $151,000 | $159,000 | $167,000 | $176,000 | $185,000 | $195,000 | $205,000 | $1,650,000 |
rent income | - | - | $28,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $309,000 |
mortgage principal reduction | - | - | $26,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $286,000 |
deposit interest | $7,000 | $23,000 | $2,000 | - | - | - | - | - | - | - | $31,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $136,000 | $159,000 | $224,000 | $219,000 | $230,000 | $241,000 | $253,000 | $266,000 | $279,000 | $293,000 | $2,300,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $250,000 | $125,000 | $250,000 | - | - | - | - | - | - | - | $625,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $138,000 | - | - | - | - | - | - | - | $138,000 |
operating expense | - | - | $22,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $226,000 |
mortgage payment | - | - | $104,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $125,000 | $981,000 |
total expense investment | $250,000 | $125,000 | $515,000 | $152,000 | $153,000 | $154,000 | $154,000 | $155,000 | $156,000 | $156,000 | $1,970,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$113,829 | $34,000 | -$291,233 | $66,000 | $77,000 | $87,000 | $99,000 | $111,000 | $124,000 | $137,000 | $330,000 |
cumulative roi | $54 | $79 | $71 | $83 | $93 | $102 | $111 | $119 | $126 | $133 | $971 |
The Bedford
Address: Toronto, Ontario
Price Range: $2,475,000 - $10,500,000
Avail. suites: 17
1—4 bd
734—4286 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.