Suite number:
1115 (Terrace Collection)
Project:
Address:
Toronto C08, Ontario
Developer:
Tridel
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
2223 sqft
Occupancy Date:
Jan 2025
$3,455,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.22%
Cumulative Return on Investment in Year 5
83.88%
Property Price at the End of Year 5
$4,451,000
Deposit Schedule
$5 at Signing
Total up to 15% in 755 days
$518,250
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 | $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 | $54,000 | $67,000 | $70,000 | $73,000 | $76,000 | $80,000 | $83,000 | $87,000 | $90,000 | $94,000 | $776,000 |
mortgage principal reduction | $37,000 | $46,000 | $48,000 | $51,000 | $53,000 | $55,000 | $58,000 | $61,000 | $63,000 | $66,000 | $539,000 |
deposit interest | $960 | - | - | - | - | - | - | - | - | - | $960 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $295,000 | $303,000 | $317,000 | $333,000 | $349,000 | $367,000 | $385,000 | $403,000 | $423,000 | $444,000 | $3,620,000 |
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 | $185,000 | - | - | - | - | - | - | - | - | - | $185,000 |
operating expense | $27,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $38,000 | $39,000 | $41,000 | $42,000 | $361,000 |
mortgage payment | $140,000 | $168,000 | $168,000 | $168,000 | $168,000 | $168,000 | $168,000 | $168,000 | $168,000 | $168,000 | $1,653,000 |
total expense investment | $1,042,000 | $201,000 | $202,000 | $203,000 | $204,000 | $205,000 | $206,000 | $207,000 | $209,000 | $210,000 | $2,889,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$746,969 | $102,000 | $116,000 | $130,000 | $145,000 | $161,000 | $178,000 | $196,000 | $215,000 | $234,000 | $731,000 |
cumulative roi | $25 | $43 | $58 | $72 | $84 | $95 | $106 | $116 | $126 | $135 | $859 |
Aqualuna Condos
Address: Toronto C08, Ontario
Price Range: $1,095,000 - $3,850,000
Avail. suites: 10
1—3.5 bd
802—4622 SqFt