Suite number:
Lower Penthouse Four
Project:
Address:
Toronto C08, Ontario
Developer:
Concert Properties
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
1554 sqft
Occupancy Date:
Jan 2026
Price, CAD
$2,071,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.36%
Cumulative Return on Investment in Year 5
93.25%
Property Price at the End of Year 5
$2,669,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$103,595
2.5% in 120 days
$51,798
2.5% in 240 days
$51,798
5% on Occupancy
$103,595
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 | $107,000 | $113,000 | $119,000 | $125,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $170,000 | $1,367,000 |
rent income | - | $54,000 | $57,000 | $59,000 | $62,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $581,000 |
mortgage principal reduction | - | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $280,000 |
deposit interest | $8,000 | - | - | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $116,000 | $217,000 | $203,000 | $213,000 | $223,000 | $234,000 | $245,000 | $257,000 | $270,000 | $283,000 | $2,261,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $311,000 | - | - | - | - | - | - | - | - | - | $311,000 |
remaining balance payment | $104,000 | - | - | - | - | - | - | - | - | - | $104,000 |
closing cost | $117,000 | - | - | - | - | - | - | - | - | - | $117,000 |
operating expense | - | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $26,000 | $27,000 | $220,000 |
mortgage payment | - | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $934,000 |
total expense investment | $531,000 | $126,000 | $127,000 | $127,000 | $128,000 | $128,000 | $129,000 | $129,000 | $130,000 | $131,000 | $1,686,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$415,801 | $91,000 | $76,000 | $86,000 | $95,000 | $106,000 | $117,000 | $128,000 | $140,000 | $153,000 | $576,000 |
cumulative roi | $22 | $47 | $64 | $80 | $93 | $106 | $118 | $130 | $142 | $154 | $958 |
Burke Condos
Address: Toronto C08, Ontario
Price Range: $1,133,000 - $2,072,000
Avail. suites: 7
1—3.5 bd
530—2091 SqFt