Suite number:
114
Project:
Address:
Toronto W02, Ontario
Developer:
Medallion Capital Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1758 sqft
Occupancy Date:
Mar 2023
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.86%
Cumulative Return on Investment in Year 5
152.34%
Property Price at the End of Year 5
$3,865,000
Deposit Schedule
$5,000 at Signing
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 | $156,000 | $164,000 | $173,000 | $182,000 | $191,000 | $201,000 | $211,000 | $222,000 | $234,000 | $246,000 | $1,980,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $99,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $558,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $255,000 | $206,000 | $217,000 | $228,000 | $239,000 | $252,000 | $264,000 | $278,000 | $292,000 | $307,000 | $2,538,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $1,502,000 |
total expense investment | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $1,502,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $105,000 | $56,000 | $66,000 | $77,000 | $89,000 | $101,000 | $114,000 | $128,000 | $142,000 | $157,000 | $1,036,000 |
cumulative roi | $170 | $153 | $150 | $151 | $152 | $155 | $158 | $161 | $165 | $169 | $2,000 |