Suite number:
206
Project:
Address:
Toronto C01, Ontario
Developer:
Great Gulf
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
961 sqft
Occupancy Date:
Jan 2023
Price, CAD
$1,040,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.98%
Cumulative Return on Investment in Year 5
155.10%
Property Price at the End of Year 5
$1,341,000
Deposit Schedule
$5 at Signing
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 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $687,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $40,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $203,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $94,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $890,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $521,000 |
total expense investment | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $521,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $42,000 | $20,000 | $23,000 | $27,000 | $31,000 | $36,000 | $40,000 | $45,000 | $50,000 | $55,000 | $369,000 |
cumulative roi | $181 | $159 | $154 | $154 | $155 | $157 | $160 | $163 | $167 | $171 | $2,000 |
357 King West
Address: Toronto C01, Ontario
Price Range: $660,000 - $1,122,000
Avail. suites: 9
1—3 bd
523—1095 SqFt