Suite number:
901
Project:
Address:
Toronto C10, Ontario
Developer:
Tribute Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
895 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,322,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.79%
Cumulative Return on Investment in Year 5
84.56%
Property Price at the End of Year 5
$1,703,000
Deposit Schedule
$5 at Signing
Total up to 11% in 10269 days
$145,420
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 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $872,000 |
| rent income | $24,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $316,000 |
| mortgage principal reduction | $16,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $208,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $132,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $149,000 | $156,000 | $164,000 | $172,000 | $1,420,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $145,000 | - | - | - | - | - | - | - | - | - | $145,000 |
| remaining balance payment | $119,000 | - | - | - | - | - | - | - | - | - | $119,000 |
| closing cost | $85,000 | - | - | - | - | - | - | - | - | - | $85,000 |
| operating expense | $12,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $146,000 |
| mortgage payment | $59,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $638,000 |
| total expense investment | $420,000 | $77,000 | $78,000 | $78,000 | $79,000 | $79,000 | $80,000 | $80,000 | $81,000 | $81,000 | $1,132,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$287,679 | $40,000 | $45,000 | $51,000 | $57,000 | $63,000 | $69,000 | $76,000 | $83,000 | $91,000 | $288,000 |
| cumulative roi | $28 | $45 | $60 | $73 | $85 | $96 | $106 | $116 | $126 | $136 | $869 |
Y&S Condos
Address: Toronto C10, Ontario
Price Range: $1,182,000 - $1,999,000
Avail. suites: 10
2—3 bd
782—1224 SqFt