Suite number:
F4
Project:
Address:
Toronto C08, Ontario
Developer:
Concert Properties
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3
Size:
1234 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,393,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.02%
Cumulative Return on Investment in Year 5
94.66%
Property Price at the End of Year 5
$1,796,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$69,695
10% on Occupancy
$139,390
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 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $109,000 | $114,000 | $920,000 |
| rent income | $36,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $517,000 |
| mortgage principal reduction | $15,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $217,000 |
| deposit interest | $27 | - | - | - | - | - | - | - | - | - | $27 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $147,000 | $140,000 | $147,000 | $154,000 | $161,000 | $169,000 | $177,000 | $186,000 | $195,000 | $204,000 | $1,678,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $209,000 | - | - | - | - | - | - | - | - | - | $209,000 |
| remaining balance payment | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
| closing cost | $88,000 | - | - | - | - | - | - | - | - | - | $88,000 |
| operating expense | $14,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $22,000 | $192,000 |
| mortgage payment | $57,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $667,000 |
| total expense investment | $437,000 | $85,000 | $86,000 | $86,000 | $87,000 | $88,000 | $88,000 | $89,000 | $89,000 | $90,000 | $1,225,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$289,752 | $55,000 | $61,000 | $67,000 | $74,000 | $81,000 | $89,000 | $97,000 | $105,000 | $114,000 | $453,000 |
| cumulative roi | $28 | $47 | $64 | $80 | $95 | $109 | $123 | $137 | $151 | $165 | $997 |
Burke Condos
Address: Toronto C08, Ontario
Price Range: $1,133,000 - $2,072,000
Avail. suites: 7
1—3.5 bd
530—2091 SqFt