Suite number:
1B (16/F - TYPICAL)
Project:
Address:
Toronto C01, Ontario
Developer:
Concord Adex
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
485 sqft
Occupancy Date:
Jan 2025
$600,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.21%
Cumulative Return on Investment in Year 5
81.38%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5 at Signing
Total up to 15% in 10484 days
$90,000
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
rent income | $9,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $135,000 |
mortgage principal reduction | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $94,000 |
deposit interest | $167 | - | - | - | - | - | - | - | - | - | $167 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $71,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $649,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
remaining balance payment | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
operating expense | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $82,000 |
mortgage payment | $24,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $287,000 |
total expense investment | $206,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $545,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$135,166 | $16,000 | $18,000 | $21,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $104,000 |
cumulative roi | $32 | $47 | $60 | $71 | $81 | $91 | $100 | $109 | $118 | $126 | $834 |
Concord Canada House
Address: Toronto C01, Ontario
Price Range: $600,000 - $1,600,000
Avail. suites: 8
1—4 bd
0—2308 SqFt