Suite number:
Residence 12
Project:
Address:
Toronto C08, Ontario
Developer:
Pinnacle International
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
780 sqft
Occupancy Date:
Nov 2024
Price, CAD
$1,269,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
45.87%
Cumulative Return on Investment in Year 5
219.08%
Property Price at the End of Year 5
$1,636,000
Deposit Schedule
$5,000 at Signing
Total up to 20% in 10209 days
$253,980
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 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $838,000 |
| rent income | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $346,000 |
| mortgage principal reduction | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $25,000 | $202,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $135,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $162,000 | $170,000 | $1,411,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $150,000 |
| mortgage payment | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $618,000 |
| total expense investment | $75,000 | $75,000 | $76,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $78,000 | $79,000 | $768,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $60,000 | $41,000 | $46,000 | $52,000 | $58,000 | $64,000 | $70,000 | $77,000 | $84,000 | $91,000 | $643,000 |
| cumulative roi | $250 | $219 | $214 | $215 | $219 | $224 | $231 | $238 | $246 | $255 | $2,000 |
SkyTower at Pinnacle One Yonge
Address: Toronto C08, Ontario
Price Range: $1,270,000 - $3,090,000
Avail. suites: 9
1.5—3.5 bd
780—1770 SqFt