Suite number:
E2
Project:
Address:
Toronto W07, Ontario
Developer:
Urban Capital
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1055 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,190,000
Available
ROI
14,48%
Monthly Expenses
- condo fees— $622
- property taxes— $298
- property management— $190
- repairs and maintenance— $95
Total: $1,205
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.22%
Cumulative Return on Investment in Year 5
91.81%
Property Price at the End of Year 5
$1,533,000
Deposit Schedule
$5,000 at Signing
Total up to 10% in 9999 days
$119,000
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $785,000 |
| rent income | $34,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $444,000 |
| mortgage principal reduction | $13,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $182,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $133,000 | $119,000 | $124,000 | $131,000 | $137,000 | $144,000 | $151,000 | $158,000 | $166,000 | $174,000 | $1,435,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $119,000 | - | - | - | - | - | - | - | - | - | $119,000 |
| remaining balance payment | $119,000 | - | - | - | - | - | - | - | - | - | $119,000 |
| closing cost | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
| operating expense | $13,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $160,000 |
| mortgage payment | $55,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $591,000 |
| total expense investment | $387,000 | $74,000 | $75,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $77,000 | $77,000 | $1,070,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$254,016 | $44,000 | $50,000 | $55,000 | $61,000 | $68,000 | $74,000 | $81,000 | $89,000 | $96,000 | $365,000 |
| cumulative roi | $28 | $47 | $63 | $78 | $92 | $105 | $119 | $132 | $145 | $159 | $968 |
Reina Condos
Address: Toronto W07, Ontario
Price Range: $595,000 - $1,545,000
Avail. suites: 15
1—3.5 bd
520—1485 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.