Suite number:
1BDZE
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
1.5
Size:
655 sqft
Occupancy Date:
Dec 2028
Price, CAD
$685,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
36.05%
Cumulative Return on Investment in Year 5
111.84%
Property Price at the End of Year 5
$884,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$34,300
2.5% in 210 days
$17,150
2.5% in 600 days
$17,150
10% on Occupancy
$68,599
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 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $453,000 |
| rent income | - | - | - | - | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $153,000 |
| mortgage principal reduction | - | - | - | - | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $57,000 |
| deposit interest | -$4,871 | $4,000 | $4,000 | $3,000 | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $31,000 | $41,000 | $43,000 | $45,000 | $99,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $693,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $51,000 | $17,000 | - | $69,000 | - | - | - | - | - | - | $137,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $61,000 | - | - | - | - | - | - | $61,000 |
| operating expense | - | - | - | - | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $60,000 |
| mortgage payment | - | - | - | - | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $206,000 |
| total expense investment | $51,000 | $17,000 | - | $129,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $464,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$20,751 | $24,000 | $43,000 | -$84,616 | $55,000 | $35,000 | $38,000 | $42,000 | $46,000 | $50,000 | $229,000 |
| cumulative roi | $69 | $107 | $168 | $83 | $112 | $126 | $139 | $152 | $165 | $178 | $1,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $485,000 - $990,000
Avail. suites: 22
0—3.5 bd
373—1091 SqFt