Suite number:
Palm (Penthouse Collection)
Project:
Address:
Toronto, Ontario
Developer:
The Conservatory Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1030 sqft
Occupancy Date:
Aug 2024
Price, CAD
$1,564,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.66%
Cumulative Return on Investment in Year 5
148.02%
Property Price at the End of Year 5
$2,016,000
Deposit Schedule
$10,000 at Signing
Total up to 15% in 9999 days
$234,735
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 | $81,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $1,033,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $38,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $270,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $119,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $137,000 | $144,000 | $152,000 | $159,000 | $1,302,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $784,000 |
| total expense investment | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $784,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $41,000 | $28,000 | $34,000 | $40,000 | $46,000 | $52,000 | $59,000 | $66,000 | $73,000 | $81,000 | $519,000 |
| cumulative roi | $152 | $144 | $144 | $145 | $148 | $151 | $154 | $158 | $162 | $166 | $2,000 |
Pearl Place Condos
Address: Toronto, Ontario
Price Range: $917,000 - $1,582,000
Avail. suites: 22
1—3 bd
482—1049 SqFt