Suite number:
E2
Project:
Address:
Toronto W07, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1055 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,190,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.73%
Cumulative Return on Investment in Year 5
94.30%
Property Price at the End of Year 5
$1,533,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$59,500
5% on Occupancy
$59,500
Net Gain (Loss)
Get Expert Advice
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 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $446,000 |
| mortgage principal reduction | $14,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $188,000 |
| deposit interest | -$102 | - | - | - | - | - | - | - | - | - | -$102 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $134,000 | $120,000 | $125,000 | $131,000 | $138,000 | $144,000 | $151,000 | $159,000 | $166,000 | $174,000 | $1,443,000 |
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 | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
| operating expense | $13,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $19,000 | $166,000 |
| mortgage payment | $53,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $574,000 |
| total expense investment | $384,000 | $73,000 | $73,000 | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $1,057,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$250,265 | $47,000 | $52,000 | $58,000 | $64,000 | $70,000 | $76,000 | $83,000 | $90,000 | $97,000 | $386,000 |
| cumulative roi | $29 | $47 | $64 | $80 | $94 | $108 | $122 | $136 | $150 | $164 | $995 |
Reina Condos
Address: Toronto W07, Ontario
Price Range: $595,000 - $1,545,000
Avail. suites: 15
1—3.5 bd
520—1485 SqFt