Suite number:
The Armstrong (Penthouse and Lower Penthouse Suites)
Project:
Address:
Toronto C03, Ontario
Developer:
The Sher Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
824 sqft
Occupancy Date:
Aug 2024
Price, CAD
$1,359,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.63%
Cumulative Return on Investment in Year 5
149.81%
Property Price at the End of Year 5
$1,752,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$68,000
5% in 0 days
$68,000
5% on Occupancy
$68,000
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 | $71,000 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $898,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $24,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $226,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $94,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $132,000 | $138,000 | $1,123,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $662,000 |
| total expense investment | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $66,000 | $662,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $28,000 | $27,000 | $32,000 | $37,000 | $42,000 | $47,000 | $53,000 | $59,000 | $65,000 | $72,000 | $462,000 |
| cumulative roi | $142 | $141 | $144 | $146 | $150 | $153 | $157 | $161 | $165 | $170 | $2,000 |
UOVO Boutique Residences
Address: Toronto C03, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt