Suite number:
1115 (Terrace Collection)
Project:
Address:
Toronto C08, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2
Size:
2223 sqft
Occupancy Date:
Jan 2025
Price, CAD
$3,455,000
Available
ROI
12,18%
Monthly Expenses
- condo fees— $1,289
- property taxes— $864
- property management— $333
- repairs and maintenance— $167
Total: $2,653
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.71%
Cumulative Return on Investment in Year 5
81.63%
Property Price at the End of Year 5
$4,451,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$518,250
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 | $179,000 | $189,000 | $199,000 | $209,000 | $220,000 | $231,000 | $243,000 | $256,000 | $269,000 | $283,000 | $2,280,000 |
| rent income | $60,000 | $68,000 | $70,000 | $74,000 | $77,000 | $80,000 | $83,000 | $87,000 | $91,000 | $95,000 | $784,000 |
| mortgage principal reduction | $39,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $527,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $302,000 | $301,000 | $316,000 | $332,000 | $348,000 | $365,000 | $383,000 | $402,000 | $422,000 | $443,000 | $3,615,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $518,000 | - | - | - | - | - | - | - | - | - | $518,000 |
| remaining balance payment | $173,000 | - | - | - | - | - | - | - | - | - | $173,000 |
| closing cost | $186,000 | - | - | - | - | - | - | - | - | - | $186,000 |
| operating expense | $29,000 | $33,000 | $33,000 | $34,000 | $35,000 | $36,000 | $36,000 | $37,000 | $38,000 | $39,000 | $350,000 |
| mortgage payment | $159,000 | $173,000 | $173,000 | $173,000 | $173,000 | $173,000 | $173,000 | $173,000 | $173,000 | $173,000 | $1,716,000 |
| total expense investment | $1,065,000 | $206,000 | $206,000 | $207,000 | $208,000 | $209,000 | $209,000 | $210,000 | $211,000 | $212,000 | $2,943,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$763,217 | $96,000 | $110,000 | $125,000 | $140,000 | $157,000 | $174,000 | $192,000 | $211,000 | $231,000 | $672,000 |
| cumulative roi | $24 | $42 | $57 | $70 | $82 | $92 | $103 | $113 | $122 | $132 | $837 |
Aqualuna Condos
Address: Toronto C08, Ontario
Price Range: $1,095,000 - $3,850,000
Avail. suites: 12
1—3.5 bd
802—4622 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.