Suite number:
Suite Lk 5Th Floor
Project:
Address:
Toronto C02, Ontario
Developer:
Brandy Lane Homes
Property type:
condo
Floor plan:
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
17.16%
Cumulative Return on Investment in Year 5
78.92%
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 | $65,000 | $68,000 | $71,000 | $74,000 | $77,000 | $81,000 | $84,000 | $88,000 | $92,000 | $754,000 |
| mortgage principal reduction | $34,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $498,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $282,000 | $288,000 | $303,000 | $318,000 | $333,000 | $350,000 | $367,000 | $385,000 | $404,000 | $424,000 | $3,454,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $660,000 | - | - | - | - | - | - | - | - | - | $660,000 |
| closing cost | $178,000 | - | - | - | - | - | - | - | - | - | $178,000 |
| operating expense | $36,000 | $44,000 | $45,000 | $46,000 | $47,000 | $48,000 | $49,000 | $50,000 | $51,000 | $52,000 | $466,000 |
| mortgage payment | $138,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $1,625,000 |
| total expense investment | $1,012,000 | $209,000 | $210,000 | $211,000 | $212,000 | $213,000 | $214,000 | $215,000 | $216,000 | $217,000 | $2,929,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$730,332 | $79,000 | $93,000 | $107,000 | $121,000 | $137,000 | $153,000 | $170,000 | $188,000 | $207,000 | $525,000 |
| cumulative roi | $24 | $41 | $56 | $68 | $79 | $89 | $98 | $107 | $116 | $125 | $804 |
The Davies
Address: Toronto C02, Ontario
Price Range: $1,600,000 - $3,400,000
Avail. suites: 4
2—2.5 bd
882—2900 SqFt