Suite number:
SUITE 13 - Level 3
Project:
Address:
Toronto C07, Ontario
Developer:
Addington Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
725 sqft
Occupancy Date:
Jan 2027
$1,032,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.10%
Cumulative Return on Investment in Year 5
97.67%
Property Price at the End of Year 5
$1,331,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$51,645
5% in 120 days
$51,645
10% on Occupancy
$103,290
Net Gain (Loss)
Get Expert Advice
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 | $54,000 | $56,000 | $59,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $682,000 |
rent income | - | - | $19,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $195,000 |
mortgage principal reduction | - | - | $12,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $124,000 |
deposit interest | $4,000 | $5,000 | $427 | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $57,000 | $62,000 | $115,000 | $98,000 | $103,000 | $108,000 | $114,000 | $119,000 | $125,000 | $131,000 | $1,034,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $103,000 | - | $103,000 | - | - | - | - | - | - | - | $207,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | $73,000 | - | - | - | - | - | - | - | $73,000 |
operating expense | - | - | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $92,000 |
mortgage payment | - | - | $46,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $398,000 |
total expense investment | $103,000 | - | $232,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $770,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$46,142 | $62,000 | -$116,695 | $37,000 | $42,000 | $47,000 | $52,000 | $57,000 | $62,000 | $68,000 | $264,000 |
cumulative roi | $55 | $115 | $71 | $85 | $98 | $109 | $120 | $130 | $140 | $149 | $1,000 |
Addington Park Condos
Address: Toronto C07, Ontario
Price Range: $539,000 - $1,330,000
Avail. suites: 52
0—2.5 bd
365—895 SqFt