Suite number:
1509 - 2B 746
Project:
Address:
Toronto, Ontario
Developer:
Almadev
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
746 sqft
Occupancy Date:
Sep 2026
Price, CAD
$899,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.51%
Cumulative Return on Investment in Year 5
87.69%
Property Price at the End of Year 5
$1,159,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$44,995
5% on Occupancy
$44,995
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $594,000 |
| rent income | $2,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $235,000 |
| mortgage principal reduction | $906 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $123,000 |
| deposit interest | $11 | - | - | - | - | - | - | - | - | - | $11 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $49,000 | $106,000 | $86,000 | $90,000 | $95,000 | $100,000 | $104,000 | $110,000 | $115,000 | $121,000 | $976,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
| remaining balance payment | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
| closing cost | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
| operating expense | $848 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $102,000 |
| mortgage payment | $4,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $409,000 |
| total expense investment | $254,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $760,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$204,642 | $51,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $63,000 | $216,000 |
| cumulative roi | $19 | $47 | $62 | $75 | $88 | $99 | $110 | $121 | $131 | $142 | $894 |
Galleria 3 Condos
Address: Toronto, Ontario
Price Range: $625,000 - $2,000,000
Avail. suites: 34
0—3.5 bd
395—1426 SqFt