Suite number:
1BDI
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
577 sqft
Occupancy Date:
Dec 2028
Price, CAD
$637,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.81%
Cumulative Return on Investment in Year 5
112.59%
Property Price at the End of Year 5
$822,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,900
2.5% in 210 days
$15,950
2.5% in 600 days
$15,950
10% on Occupancy
$63,799
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $421,000 |
| rent income | - | - | - | $10,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $148,000 |
| mortgage principal reduction | - | - | - | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $59,000 |
| deposit interest | $2,000 | $4,000 | $3,000 | $1,000 | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $39,000 | $40,000 | $78,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $662,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $48,000 | $16,000 | - | $64,000 | - | - | - | - | - | - | $128,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $59,000 | - | - | - | - | - | - | $59,000 |
| operating expense | - | - | - | $4,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $58,000 |
| mortgage payment | - | - | - | $16,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $208,000 |
| total expense investment | $48,000 | $16,000 | - | $143,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $452,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$12,876 | $23,000 | $40,000 | -$64,898 | $29,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $209,000 |
| cumulative roi | $73 | $115 | $178 | $98 | $113 | $126 | $139 | $151 | $163 | $176 | $1,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $444,000 - $1,007,000
Avail. suites: 18
0—3.5 bd
373—1091 SqFt