Suite number:
E2
Project:
Address:
Toronto C08, Ontario
Developer:
Concert Properties
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3
Size:
1105 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,295,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.72%
Cumulative Return on Investment in Year 5
93.58%
Property Price at the End of Year 5
$1,670,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$64,795
10% on Occupancy
$129,590
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 | $67,000 | $71,000 | $75,000 | $78,000 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $855,000 |
| rent income | $32,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $463,000 |
| mortgage principal reduction | $14,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $202,000 |
| deposit interest | $27 | - | - | - | - | - | - | - | - | - | $27 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $137,000 | $128,000 | $135,000 | $141,000 | $148,000 | $155,000 | $163,000 | $171,000 | $179,000 | $187,000 | $1,544,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $194,000 | - | - | - | - | - | - | - | - | - | $194,000 |
| remaining balance payment | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| closing cost | $84,000 | - | - | - | - | - | - | - | - | - | $84,000 |
| operating expense | $13,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $20,000 | $174,000 |
| mortgage payment | $53,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $620,000 |
| total expense investment | $408,000 | $79,000 | $79,000 | $80,000 | $80,000 | $81,000 | $81,000 | $82,000 | $83,000 | $83,000 | $1,136,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$270,810 | $50,000 | $55,000 | $61,000 | $68,000 | $74,000 | $81,000 | $89,000 | $96,000 | $104,000 | $408,000 |
| cumulative roi | $28 | $47 | $64 | $79 | $94 | $107 | $121 | $134 | $148 | $161 | $983 |
Burke Condos
Address: Toronto C08, Ontario
Price Range: $1,133,000 - $2,072,000
Avail. suites: 7
1—3.5 bd
530—2091 SqFt