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
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.15%
Cumulative Return on Investment in Year 5
89.01%
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
7.5% on Occupancy
$155,393
Net Gain (Loss)
Get Expert Advice
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 | $41,000 | $56,000 | $58,000 | $61,000 | $64,000 | $66,000 | $69,000 | $72,000 | $75,000 | $78,000 | $641,000 |
mortgage principal reduction | $19,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $310,000 |
deposit interest | $788 | - | - | - | - | - | - | - | - | - | $788 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $192,000 | $196,000 | $205,000 | $215,000 | $226,000 | $237,000 | $249,000 | $261,000 | $274,000 | $287,000 | $2,343,000 |
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 | $17,000 | $23,000 | $23,000 | $24,000 | $24,000 | $25,000 | $25,000 | $26,000 | $27,000 | $27,000 | $241,000 |
mortgage payment | $78,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $104,000 | $1,012,000 |
total expense investment | $626,000 | $126,000 | $127,000 | $127,000 | $128,000 | $129,000 | $129,000 | $130,000 | $130,000 | $131,000 | $1,784,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$433,944 | $69,000 | $78,000 | $88,000 | $98,000 | $109,000 | $120,000 | $131,000 | $143,000 | $156,000 | $559,000 |
cumulative roi | $26 | $45 | $61 | $76 | $89 | $102 | $114 | $126 | $138 | $150 | $926 |
Burke Condos
Address: Toronto C08, Ontario
Price Range: $1,133,000 - $2,072,000
Avail. suites: 7
1—3.5 bd
530—2091 SqFt