Suite number:
2K
Project:
Address:
Toronto C08, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
726 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,184,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.07%
Cumulative Return on Investment in Year 5
116.41%
Property Price at the End of Year 5
$1,525,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$59,200
5% in 270 days
$59,200
5% on Occupancy
$59,200
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 | $61,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $781,000 |
rent income | - | - | - | $12,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $158,000 |
mortgage principal reduction | - | - | - | $8,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $110,000 |
deposit interest | $6,000 | $12,000 | $9,000 | $3,000 | - | - | - | - | - | - | $31,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $68,000 | $77,000 | $77,000 | $120,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $1,105,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $118,000 | $59,000 | - | - | - | - | - | - | - | - | $178,000 |
remaining balance payment | - | - | - | $59,000 | - | - | - | - | - | - | $59,000 |
closing cost | - | - | - | $81,000 | - | - | - | - | - | - | $81,000 |
operating expense | - | - | - | $7,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $81,000 |
mortgage payment | - | - | - | $35,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $390,000 |
total expense investment | $118,000 | $59,000 | - | $181,000 | $71,000 | $71,000 | $72,000 | $72,000 | $72,000 | $72,000 | $789,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$50,869 | $18,000 | $77,000 | -$61,514 | $41,000 | $47,000 | $52,000 | $58,000 | $64,000 | $71,000 | $316,000 |
cumulative roi | $57 | $81 | $125 | $106 | $116 | $126 | $135 | $143 | $151 | $159 | $1,000 |
Queen Church Condos
Address: Toronto C08, Ontario
Price Range: $699,000 - $1,357,000
Avail. suites: 11
0—3 bd
412—814 SqFt