Suite number:
2C
Project:
Address:
Toronto C08, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
655 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,156,000
Available
ROI
14,15%
Monthly Expenses
- condo fees— $452
- property taxes— $289
- property management— $98
- repairs and maintenance— $49
Total: $888
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.91%
Cumulative Return on Investment in Year 5
115.81%
Property Price at the End of Year 5
$1,489,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$57,800
5% in 270 days
$57,800
5% on Occupancy
$57,800
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 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $86,000 | $90,000 | $95,000 | $763,000 |
| rent income | - | - | - | $11,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $142,000 |
| mortgage principal reduction | - | - | - | $8,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $108,000 |
| deposit interest | $6,000 | $12,000 | $9,000 | $3,000 | - | - | - | - | - | - | $30,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $66,000 | $75,000 | $76,000 | $117,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $138,000 | $1,067,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $116,000 | $58,000 | - | - | - | - | - | - | - | - | $173,000 |
| remaining balance payment | - | - | - | $58,000 | - | - | - | - | - | - | $58,000 |
| closing cost | - | - | - | $80,000 | - | - | - | - | - | - | $80,000 |
| operating expense | - | - | - | $6,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $75,000 |
| mortgage payment | - | - | - | $34,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $381,000 |
| total expense investment | $116,000 | $58,000 | - | $177,000 | $69,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $767,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$49,666 | $17,000 | $76,000 | -$60,856 | $39,000 | $44,000 | $50,000 | $55,000 | $61,000 | $68,000 | $300,000 |
| cumulative roi | $57 | $81 | $125 | $106 | $116 | $125 | $133 | $141 | $149 | $157 | $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
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.