Suite number:
Suite Lk 5Th Floor
Project:
Address:
Toronto C02, Ontario
Developer:
Brandy Lane Homes
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1810 sqft
Occupancy Date:
Dec 2024
Price, CAD
$3,300,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.53%
Cumulative Return on Investment in Year 5
80.67%
Property Price at the End of Year 5
$4,251,000
Deposit Schedule
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 | $171,000 | $180,000 | $190,000 | $200,000 | $210,000 | $221,000 | $233,000 | $245,000 | $257,000 | $271,000 | $2,178,000 |
| rent income | $53,000 | $66,000 | $69,000 | $72,000 | $75,000 | $78,000 | $81,000 | $85,000 | $88,000 | $92,000 | $758,000 |
| mortgage principal reduction | $35,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $55,000 | $58,000 | $61,000 | $63,000 | $515,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $283,000 | $291,000 | $305,000 | $320,000 | $335,000 | $352,000 | $369,000 | $387,000 | $406,000 | $426,000 | $3,475,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $660,000 | - | - | - | - | - | - | - | - | - | $660,000 |
| closing cost | $177,000 | - | - | - | - | - | - | - | - | - | $177,000 |
| operating expense | $36,000 | $44,000 | $45,000 | $47,000 | $48,000 | $50,000 | $51,000 | $53,000 | $55,000 | $56,000 | $485,000 |
| mortgage payment | $134,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $1,578,000 |
| total expense investment | $1,006,000 | $205,000 | $206,000 | $207,000 | $209,000 | $210,000 | $212,000 | $213,000 | $215,000 | $217,000 | $2,901,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$723,066 | $86,000 | $99,000 | $112,000 | $127,000 | $142,000 | $157,000 | $174,000 | $191,000 | $209,000 | $574,000 |
| cumulative roi | $24 | $42 | $57 | $69 | $81 | $91 | $101 | $110 | $119 | $127 | $821 |
The Davies
Address: Toronto C02, Ontario
Price Range: $1,600,000 - $3,400,000
Avail. suites: 4
2—2.5 bd
882—2900 SqFt