Suite number:
Lower Penthouse Four
Project:
Address:
Toronto C08, Ontario
Developer:
Concert Properties
Property type:
condo
Bathrooms:
3
Bedrooms:
3
Size:
1554 sqft
Occupancy Date:
Jan 2025
Price, CAD
$2,071,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.51%
Cumulative Return on Investment in Year 5
90.85%
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
10% on Occupancy
$207,190
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 | $45,000 | $56,000 | $59,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $79,000 | $651,000 |
| mortgage principal reduction | $22,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $323,000 |
| deposit interest | $27 | - | - | - | - | - | - | - | - | - | $27 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $199,000 | $198,000 | $207,000 | $217,000 | $228,000 | $239,000 | $251,000 | $263,000 | $275,000 | $289,000 | $2,365,000 |
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 | $116,000 | - | - | - | - | - | - | - | - | - | $116,000 |
| operating expense | $19,000 | $23,000 | $24,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $28,000 | $29,000 | $253,000 |
| mortgage payment | $84,000 | $101,000 | $101,000 | $101,000 | $101,000 | $101,000 | $101,000 | $101,000 | $101,000 | $101,000 | $991,000 |
| total expense investment | $632,000 | $124,000 | $124,000 | $125,000 | $126,000 | $127,000 | $128,000 | $128,000 | $129,000 | $130,000 | $1,774,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$433,341 | $74,000 | $83,000 | $92,000 | $102,000 | $112,000 | $123,000 | $134,000 | $146,000 | $159,000 | $592,000 |
| cumulative roi | $26 | $45 | $62 | $77 | $91 | $104 | $117 | $129 | $141 | $154 | $946 |
Burke Condos
Address: Toronto C08, Ontario
Price Range: $1,133,000 - $2,072,000
Avail. suites: 7
1—3.5 bd
530—2091 SqFt