Suite number:
The Armstrong (Penthouse and Lower Penthouse Suites)
Project:
Address:
Toronto, Ontario
Developer:
The Sher Corporation
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
824 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,359,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.04%
Cumulative Return on Investment in Year 5
109.77%
Property Price at the End of Year 5
$1,752,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in -287 days
$68,000
5% in -196 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 | $24,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $343,000 |
| mortgage principal reduction | $14,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $205,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $136,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $162,000 | $170,000 | $179,000 | $1,474,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| remaining balance payment | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| closing cost | $88,000 | - | - | - | - | - | - | - | - | - | $88,000 |
| operating expense | $11,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $149,000 |
| mortgage payment | $57,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $670,000 |
| total expense investment | $292,000 | $82,000 | $82,000 | $83,000 | $83,000 | $83,000 | $84,000 | $84,000 | $84,000 | $85,000 | $1,043,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$156,128 | $40,000 | $45,000 | $51,000 | $58,000 | $64,000 | $71,000 | $78,000 | $86,000 | $94,000 | $431,000 |
| cumulative roi | $43 | $65 | $83 | $97 | $110 | $121 | $132 | $143 | $153 | $163 | $1,000 |
UOVO Boutique Residences
Address: Toronto, Ontario
Price Range: $1,000,000 - $4,000,000
Avail. suites: 19
1.5—3.5 bd
733—1996 SqFt