Suite number:
2BQ
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
759 sqft
Occupancy Date:
Dec 2028
$815,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
37.17%
Cumulative Return on Investment in Year 5
122.39%
Property Price at the End of Year 5
$1,051,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$40,800
2.5% in 210 days
$20,400
2.5% in 600 days
$20,400
10% on Occupancy
$81,599
Net Gain (Loss)
Get Expert Advice
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 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $60,000 | $64,000 | $67,000 | $539,000 |
rent income | - | - | - | - | $20,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $146,000 |
mortgage principal reduction | - | - | - | - | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $75,000 |
deposit interest | $2,000 | $5,000 | $4,000 | $4,000 | $267 | - | - | - | - | - | $16,000 |
gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
total income return | $45,000 | $49,000 | $51,000 | $54,000 | $107,000 | $90,000 | $94,000 | $99,000 | $103,000 | $108,000 | $800,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $61,000 | $20,000 | - | - | $82,000 | - | - | - | - | - | $163,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | $65,000 | - | - | - | - | - | $65,000 |
operating expense | - | - | - | - | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $67,000 |
mortgage payment | - | - | - | - | $34,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $221,000 |
total expense investment | $61,000 | $20,000 | - | - | $190,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $516,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$16,480 | $29,000 | $51,000 | $54,000 | -$83,002 | $41,000 | $45,000 | $50,000 | $54,000 | $59,000 | $283,000 |
cumulative roi | $73 | $115 | $178 | $244 | $122 | $136 | $149 | $162 | $174 | $186 | $2,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $441,000 - $1,007,000
Avail. suites: 15
0—3.5 bd
373—1003 SqFt