Suite number:
B6
Project:
Address:
Toronto W07, Ontario
Developer:
Urban Capital
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
680 sqft
Occupancy Date:
Jan 2025
Price, CAD
$689,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.10%
Cumulative Return on Investment in Year 5
84.91%
Property Price at the End of Year 5
$888,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 0 days
$34,450
5% on Occupancy
$34,450
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $455,000 |
| rent income | $15,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $192,000 |
| mortgage principal reduction | $8,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $109,000 |
| deposit interest | -$59 | - | - | - | - | - | - | - | - | - | -$59 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $82,000 | $63,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $779,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
| remaining balance payment | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
| closing cost | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
| operating expense | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $96,000 |
| mortgage payment | $31,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $332,000 |
| total expense investment | $236,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $45,000 | $625,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$153,297 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $44,000 | $48,000 | $154,000 |
| cumulative roi | $31 | $47 | $61 | $73 | $85 | $96 | $106 | $116 | $126 | $136 | $878 |
Reina Condos
Address: Toronto W07, Ontario
Price Range: $595,000 - $1,545,000
Avail. suites: 15
1—3.5 bd
520—1485 SqFt