Suite number:
2C
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
655 sqft
Occupancy Date:
Jun 2028
Price, CAD
$1,176,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.40%
Cumulative Return on Investment in Year 5
109.01%
Property Price at the End of Year 5
$1,515,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$58,800
5% in 270 days
$58,800
5% on Occupancy
$58,800
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 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $776,000 |
rent income | - | - | - | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $152,000 |
mortgage principal reduction | - | - | - | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $118,000 |
deposit interest | $6,000 | $12,000 | $9,000 | - | - | - | - | - | - | - | $27,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $67,000 | $77,000 | $76,000 | $129,000 | $110,000 | $115,000 | $121,000 | $127,000 | $134,000 | $140,000 | $1,097,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $118,000 | $59,000 | - | - | - | - | - | - | - | - | $176,000 |
remaining balance payment | - | - | $59,000 | - | - | - | - | - | - | - | $59,000 |
closing cost | - | - | $80,000 | - | - | - | - | - | - | - | $80,000 |
operating expense | - | - | - | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $80,000 |
mortgage payment | - | - | - | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $412,000 |
total expense investment | $118,000 | $59,000 | $139,000 | $70,000 | $70,000 | $70,000 | $70,000 | $71,000 | $71,000 | $71,000 | $808,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$50,534 | $18,000 | -$62,988 | $59,000 | $40,000 | $45,000 | $51,000 | $57,000 | $63,000 | $69,000 | $288,000 |
cumulative roi | $57 | $81 | $76 | $98 | $109 | $118 | $127 | $135 | $143 | $151 | $1,000 |
Queen Church Condos
Address: Toronto, Ontario
Price Range: $699,000 - $1,377,000
Avail. suites: 12
0—3 bd
412—814 SqFt