Suite number:
Dundas 378
Project:
Address:
Toronto, Ontario
Developer:
Menkes Developments Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
378 sqft
Occupancy Date:
Sep 2028
Price, CAD
$621,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.77%
Cumulative Return on Investment in Year 5
106.02%
Property Price at the End of Year 5
$801,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$31,100
2.5% in 90 days
$15,550
2.5% in 180 days
$15,550
2.5% in 540 days
$15,550
2.5% in 900 days
$15,550
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $410,000 |
rent income | - | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $50,000 |
mortgage principal reduction | - | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $60,000 |
deposit interest | $3,000 | $5,000 | $6,000 | $968 | - | - | - | - | - | - | $15,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $39,000 | $42,000 | $73,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $559,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $62,000 | $16,000 | $16,000 | $31,000 | - | - | - | - | - | - | $124,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $58,000 | - | - | - | - | - | - | $58,000 |
operating expense | - | - | - | $4,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $41,000 |
mortgage payment | - | - | - | $23,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $210,000 |
total expense investment | $62,000 | $16,000 | $16,000 | $117,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $434,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$27,208 | $23,000 | $27,000 | -$43,805 | $17,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $125,000 |
cumulative roi | $56 | $95 | $124 | $98 | $106 | $113 | $120 | $126 | $133 | $139 | $1,000 |
Elektra Condos
Address: Toronto, Ontario
Price Range: $594,000 - $1,271,000
Avail. suites: 17
0—3 bd
375—909 SqFt