Suite number:
404
Project:
Address:
Toronto C02, Ontario
Developer:
North Drive
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
2377 sqft
Occupancy Date:
Jun 2025
Price, CAD
$5,590,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.89%
Cumulative Return on Investment in Year 5
76.56%
Property Price at the End of Year 5
$7,202,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 30 days
$279,500
5% in 90 days
$279,500
10% on Occupancy
$559,000
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 | $290,000 | $306,000 | $322,000 | $338,000 | $356,000 | $374,000 | $394,000 | $414,000 | $436,000 | $459,000 | $3,689,000 |
| rent income | $41,000 | $71,000 | $74,000 | $78,000 | $81,000 | $84,000 | $88,000 | $92,000 | $96,000 | $100,000 | $804,000 |
| mortgage principal reduction | $40,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $817,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $397,000 | $448,000 | $470,000 | $494,000 | $519,000 | $545,000 | $572,000 | $600,000 | $631,000 | $662,000 | $5,338,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $1,118,000 | - | - | - | - | - | - | - | - | - | $1,118,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $293,000 | - | - | - | - | - | - | - | - | - | $293,000 |
| operating expense | $33,000 | $57,000 | $58,000 | $59,000 | $60,000 | $62,000 | $63,000 | $65,000 | $66,000 | $67,000 | $590,000 |
| mortgage payment | $163,000 | $280,000 | $280,000 | $280,000 | $280,000 | $280,000 | $280,000 | $280,000 | $280,000 | $280,000 | $2,683,000 |
| total expense investment | $1,607,000 | $337,000 | $338,000 | $339,000 | $340,000 | $342,000 | $343,000 | $344,000 | $346,000 | $347,000 | $4,684,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$1,209,527 | $111,000 | $132,000 | $155,000 | $178,000 | $203,000 | $229,000 | $256,000 | $285,000 | $315,000 | $654,000 |
| cumulative roi | $23 | $41 | $55 | $66 | $77 | $86 | $94 | $102 | $110 | $118 | $771 |
10 Prince Arthur
Address: Toronto C02, Ontario
Price Range: $5,590,000 - $6,890,000
Avail. suites: 6
2—3.5 bd
1428—9020 SqFt