Suite number:
2007 - 1D+D
Project:
Address:
Toronto C08, Ontario
Developer:
Graywood Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
542 sqft
Occupancy Date:
May 2025
$853,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.72%
Cumulative Return on Investment in Year 5
85.64%
Property Price at the End of Year 5
$1,100,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$21,348
2.5% in 90 days
$21,348
10% on Occupancy
$85,390
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 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $564,000 |
rent income | $11,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $219,000 |
mortgage principal reduction | $6,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $125,000 |
deposit interest | $235 | - | - | - | - | - | - | - | - | - | $235 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $86,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $932,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $128,000 | - | - | - | - | - | - | - | - | - | $128,000 |
remaining balance payment | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
closing cost | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
operating expense | $5,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $88,000 |
mortgage payment | $25,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $410,000 |
total expense investment | $268,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $736,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$182,523 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $46,000 | $50,000 | $55,000 | $60,000 | $195,000 |
cumulative roi | $29 | $46 | $61 | $74 | $86 | $97 | $108 | $118 | $128 | $139 | $885 |
The Goode Condos
Address: Toronto C08, Ontario
Price Range: $478,000 - $1,780,000
Avail. suites: 22
0—15 bd
263—1179 SqFt