Suite number:
1B+S-B (Peony Tower Central Park Collection)
Project:
Address:
Toronto, Ontario
Developer:
Canderel Residential Inc.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
450 sqft
Occupancy Date:
Jun 2027
Price, CAD
$710,900
Available
ROI
13,88%
Monthly Expenses
- condo fees— $306
- property taxes— $178
- property management— $81
- repairs and maintenance— $41
Total: $605
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.67%
Cumulative Return on Investment in Year 5
98.60%
Property Price at the End of Year 5
$916,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$35,545
5% in 120 days
$35,545
2.5% in 750 days
$17,773
7.5% on Occupancy
$53,318
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $469,000 |
rent income | - | - | $10,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $139,000 |
mortgage principal reduction | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $79,000 |
deposit interest | $3,000 | $4,000 | $1,000 | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $43,000 | $83,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $720,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $71,000 | - | $71,000 | - | - | - | - | - | - | - | $142,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $62,000 | - | - | - | - | - | - | - | $62,000 |
operating expense | - | - | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $60,000 |
mortgage payment | - | - | $24,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $273,000 |
total expense investment | $71,000 | - | $162,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $537,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$31,279 | $43,000 | -$79,017 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $182,000 |
cumulative roi | $56 | $116 | $73 | $87 | $99 | $110 | $120 | $130 | $140 | $150 | $1,000 |
Forêt
Address: Toronto, Ontario
Price Range: $600,000 - $1,288,000
Avail. suites: 21
0—3.5 bd
332—1923 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.