Suite number:
1BDI
Project:
Address:
Toronto W08, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
577 sqft
Occupancy Date:
Dec 2028
Price, CAD
$636,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
39.06%
Cumulative Return on Investment in Year 5
122.14%
Property Price at the End of Year 5
$821,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$31,850
2.5% in 210 days
$15,925
2.5% in 600 days
$15,925
10% on Occupancy
$63,699
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 | $420,000 |
| rent income | - | - | - | - | $19,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $133,000 |
| mortgage principal reduction | - | - | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $59,000 |
| deposit interest | $2,000 | $4,000 | $3,000 | $3,000 | $209 | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $38,000 | $40,000 | $42,000 | $92,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $649,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $48,000 | $16,000 | - | - | $64,000 | - | - | - | - | - | $127,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | $57,000 | - | - | - | - | - | $57,000 |
| operating expense | - | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $53,000 |
| mortgage payment | - | - | - | - | $27,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $173,000 |
| total expense investment | $48,000 | $16,000 | - | - | $156,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $411,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$12,861 | $23,000 | $40,000 | $42,000 | -$63,995 | $35,000 | $38,000 | $42,000 | $45,000 | $49,000 | $238,000 |
| cumulative roi | $73 | $115 | $178 | $244 | $122 | $138 | $152 | $167 | $181 | $195 | $2,000 |
The Clove
Address: Toronto W08, Ontario
Price Range: $441,000 - $1,007,000
Avail. suites: 15
0—3.5 bd
373—1003 SqFt