Suite number:
205
Project:
Address:
Toronto W08, Ontario
Developer:
Altree Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
747 sqft
Occupancy Date:
Jan 2023
Price, CAD
$851,900
Available
ROI
15,39%
Monthly Expenses
- condo fees— $441
- property taxes— $213
- property management— $112
- repairs and maintenance— $56
Total: $822
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.93%
Cumulative Return on Investment in Year 5
153.99%
Property Price at the End of Year 5
$1,098,000
Deposit Schedule
$10,000 at Signing
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 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $562,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $31,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $163,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $75,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $725,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $427,000 |
| total expense investment | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $427,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $33,000 | $16,000 | $19,000 | $22,000 | $25,000 | $29,000 | $33,000 | $36,000 | $41,000 | $45,000 | $299,000 |
| cumulative roi | $177 | $157 | $153 | $153 | $154 | $156 | $159 | $162 | $166 | $170 | $2,000 |
Thirty Six Zorra Condominiums
Address: Toronto W08, Ontario
Price Range: $613,000 - $1,068,000
Avail. suites: 29
0—3 bd
440—1306 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.