Suite number:
5102 (Venice)
Project:
Address:
Toronto W06, Ontario
Developer:
The Conservatory Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1192 sqft
Occupancy Date:
Jan 2025
$1,973,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.66%
Cumulative Return on Investment in Year 5
82.60%
Property Price at the End of Year 5
$2,543,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 10269 days
$296,085
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 | $102,000 | $108,000 | $114,000 | $119,000 | $126,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $1,303,000 |
rent income | $32,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $420,000 |
mortgage principal reduction | $23,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $311,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $182,000 | $171,000 | $179,000 | $188,000 | $197,000 | $207,000 | $217,000 | $228,000 | $239,000 | $251,000 | $2,058,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $296,000 | - | - | - | - | - | - | - | - | - | $296,000 |
remaining balance payment | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
closing cost | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
operating expense | $17,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $217,000 |
mortgage payment | $88,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $96,000 | $952,000 |
total expense investment | $611,000 | $116,000 | $116,000 | $117,000 | $117,000 | $118,000 | $119,000 | $120,000 | $120,000 | $121,000 | $1,675,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$429,506 | $55,000 | $63,000 | $71,000 | $80,000 | $89,000 | $98,000 | $108,000 | $119,000 | $130,000 | $383,000 |
cumulative roi | $26 | $44 | $58 | $71 | $83 | $93 | $103 | $113 | $122 | $131 | $844 |
Water's Edge at The Cove
Address: Toronto W06, Ontario
Price Range: $778,000 - $2,585,000
Avail. suites: 19
1—3 bd
466—1477 SqFt